5 Key Facts About Corporate Receivership

5 Key Facts About Corporate Receivership

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Whilst a business having the legal status of a corporation gives it many advantages and protections under commercial law, that does not mean it is entirely immune from problems and difficulties. One of the most common areas where disputes can arise concerning the finances of a corporation is how its assets are distributed to its shareholders and its secured creditors.

These decisions are usually made by the board, but if there is a disagreement between how the board wish to distribute a corporation’s assets, and its shareholders, then under commercial law a shareholder or group of shareholders can request that the corporation be placed into receivership.

What Is Corporate Receivership?

Receivership means that the legal status of a corporation has been changed by a court. Its effect is to place the assets of a corporation under court-appointed control to ensure assets are not misused or misappropriated by its directors. Receivership is often requested by shareholders or secured creditors when they believe that the assets of a company in which they own shares or are owed money are going to be sold off cheaply or to parties with which they do not agree.

Who Controls A Receivership?

Unsurprisingly the person who is appointed to be in control of receivership is called a receiver. They are appointed by a court via court order and this court order issues them with formal rights and obligations which they must perform during the period of receivership. Apart from them being obliged to use due diligence and act in good faith at all times, specific examples of the main rights and obligations of a receiver include:

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sustainability

How to have a Zero Waste Christmas

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We all love a good Christmas don’t we? Crackers, loads of tinsel, beautifully wrapped presents, and heaps of delicious food and drink. But with all this good cheer have you ever thought about the impact Christmas has on our planet? It is estimated that Australians are going to spend over $22.1 billion dollars this year just on Christmas – wrapping, christmas crackers, throwaway gifts …the list goes on. Christmas happens but once a year but the plastic that comes with it can last up to 1000 years in landfill! Here are a few simple ways you can reduce your environmental footprint this Christmas:

Stop buying cling film and invest in BPA free reusable containers or use beeswax wraps which will keep those leftovers fresh for Boxing Day. Try Ever Eco Bento Stainless Steel Boxes or Apriwraps – beautifully printed organic cottons coated with a unique compound of natural food ingredients to create traditional waxed cotton kitchen wraps. Apiwraps seal onto themselves, on to glass, metal & crockery. They can be used to cover a bowl of left overs in the fridge, wrap a sandwich for work, seal up half a watermelon or to wrap delicate herbs to store.

Yep Christmas is messy but forget the ‘handee’ paper towel in plastic wrapping and use Sumo Ecoleaf Jumbo Kitchen Towel instead. Made from 100% recycled fibre produced from a mix of consumer and trade waste using chlorine-free processing. The towel comes in 100% compostable wrap making the packaging sustainable, renewable, non-polluting and non-toxic. This super-absorbent, great value jumbo roll lasts as long as three regular kitchen rolls. Ecoleaf work in partnership with Treesponsibility to minimize the environmental impact of their products.

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7 Core SEO Actions Every Local Business Needs To Do For Google Rankings

7 Core SEO Actions Every Local Business Needs To Do For Google Rankings

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One of the most significant benefits of how Google creates its search rankings is that it allows local businesses to compete on an even playing field. By that, we do not mean a local cafe can compete with Starbucks on the global stage, but it most certainly can in its local catchment area.

The reason for this is that Google will take into account the location of the person searching for a search term such as “local coffee shop”. Taking that a stage further, if the search includes a local town, district. or area, once again the small, local cafe business has the opportunity to be at the top of the rankings, ahead of the corporate giants, but with the caveat that it must have its SEO for local searches all in place.

This would usually mean approaching a local SEO agency and giving them the task of boosting your website’s rankings, however, you need to know exactly what it is you are asking them to do. So, here are seven of the most important elements of ranking a website for a local business, which you must ensure your SEO agency implements.

Backlinking: Backlinks influence a website’s rankings enormously so it stands to reason that you will want a comprehensive backlink strategy in place. The key here is remembering the quality of the backlinks impact rankings more than the number of backlinks, so ensure that established, authoritative websites are prioritised.

On-Site Optimisations: Top rankings start at home, or more specifically, your own website. There are a plethora of on-site optimisations that can boost your SEO and subsequently your rankings so a plan to have everything from your content to your website’s metadata in place, accurate, and optimised for keywords, is essential.

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What To Do If You Are Falsely Accused Of A Crime

What To Do If You Are Falsely Accused Of A Crime

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It is a reasonable assertion that the biggest injustice that can happen within criminal law is to be accused of something which you are completely innocent of. This can occur in different circumstances with either the police suspecting you of committing a crime and arresting you, or someone falsely, and possibly even maliciously, accusing you of a serious crime, which the police must act upon.

Stories of miscarriages of justice where innocent individuals have has their life destroyed and spent many years in prison can be extremely scary if you are innocent and being accused. In this article, we are going to give some basic guidelines as to what you should do if you are ever accused of a crime and are completely innocent.

Do Not Panic Or Behave Irrationally

This might seem obvious but when people are in situations that could have serious consequences, they do not always act irrationally. However, if you can remain calm and focussed should you ever be wrongly accused, it will help you. First, you must not do anything that really is a crime such as assault the police officer arresting you or you seek out your accuser to harass, threaten, or assault them.

Say Nothing Other Than What You Are Legally Required To Such As Your Name

You know you are innocent but there is little to be gained by trying to conduct your defence at this exact moment. Bear in mind the police will make notes or even record on camera what you say, so it is best to say nothing. Flippant remarks such as “Guilty” during your arrest will not be seen as a joke at your trial, so do not be your own worst enemy. Stay silent rather than give your accuser, the police, or the prosecution ammunition they can use against you.

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