Guaranteeing A Loan

Have you ever been asked to guarantee someone’s loan? Parents often provide guarantees to a bank when their adult child applies for a loan. Company directors give personal guarantees to meet obligations to financiers or suppliers. Guarantees usually have clauses like:...

Company Director Penalty Notices

What you need to know and do to sleep easier. Are you a director or thinking about becoming a director of a company? You or your friend may need to know more about the personal liabilities that directors now face. Personal Liability includes Employee Super Since 1993,...