by Guthrie Colananni Attorneys | Dec 1, 2020 | Company / Corporate / Compliance, Litigation, Property
“Suretyship is the precursor of ruin” (Thales of Miletus, one of the Seven Sages of Ancient Greece) As the philosopher and mathematician Thales pointed out two and a half millennia ago, signing surety for another’s debts carries huge risk. Yet every day directors of...
by Guthrie Colananni Attorneys | Dec 1, 2020 | Company / Corporate / Compliance, Property
“O Wonder! …O Brave New World” (Shakespeare) Regrettably the pandemic still shows no sign of going away any time soon, and the social distancing it has brought to our “new normal” leaves companies with a dilemma. How can you comply – safely and lawfully –...
by Guthrie Colananni Attorneys | Dec 1, 2020 | Business, Company / Corporate / Compliance
“A stitch in time saves nine” (wise old proverb) The COVID-19 pandemic and the resultant lockdown have opened up new avenues of profit for some businesses, but they have also subjected many others to the spectre of business failure. Unfortunately we can expect...
by Guthrie Colananni Attorneys | Dec 1, 2020 | Company / Corporate / Compliance
“Better safe than sorry” (wise old proverb) The COVID-19 pandemic and its ongoing economic fallout have left many businesses struggling with cash flow and even viability challenges. The result is that an increasing number of companies are either trading in...
by Guthrie Colananni Attorneys | Dec 1, 2020 | Company / Corporate / Compliance, Employment and Labour Law
“…the default position is that an executive director or a senior employee may not carry on business activities which fall within the scope of his company’s business during the time when he serves as director or works as employee. The default position however changes...
