Author: Fotini Kypraios

Prisma Legal & Monash Law Clinics Collaboration

We are excited to announce Prisma Legal has joined forces with Monash University Faculty of Law with our Principal Lawyer, Fotini Kypraios, supervising  the 2020 Monash University Startup & Innovation Law Clinic. After a successful pilot of the Startup and Innovation Law Clinic in 2019, which Prisma Legal was also a part of, Monash University has again offered the opportunity to final year law students … Continue reading Prisma Legal & Monash Law Clinics Collaboration »

Directors, Time to Look Out Before Solvency Relief Expires

We’re half way through government relief protecting directors from the consequences of insolvent trading. Further to the extension of Safe Harbour measures provided by the Federal Government, which were intended to shield directors from the impact of COVID-19 (see our article published on 3 April 2020 in the News Hub), the Coronavirus Economic Response Package Omnibus Act 2020 (Cth) (CERPO Act) grants temporary immunity to directors from … Continue reading Directors, Time to Look Out Before Solvency Relief Expires »

Staying Connected is not Monkey Business

The classic Barrel of Monkeys is not just about fun and games. Believe it or not, it’s about collaboration, connection and trust.  Victory is only possible by keeping all the monkeys connected. COVID-19 has shown us that there is nothing more important than connection in business and in our personal lives. The global pandemic has turned the world upside down. Literally. The financial impact has been … Continue reading Staying Connected is not Monkey Business »

New Victorian Regulations Clarify COVID-19 Commercial Leasing Rent and Land Tax Relief

Long awaited COVID-19 Regulations have come into force in Victoria clarifying commercial leasing rental relief that tenants can negotiate with landlords and providing practical guidance about how parties can reach agreement on rent and land tax savings. The COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020 (Regulations) were made on 1 May 2020 and have a retrospective effect from 29 March 2020. The … Continue reading New Victorian Regulations Clarify COVID-19 Commercial Leasing Rent and Land Tax Relief »

Commercial and Retail Leases: New COVID-19 Bill Passed by Victorian Parliament

  The Victorian Parliament passed a package of temporary changes to laws in 14 different areas dealing with COVID-19 issues at 7.00 pm on Thursday 23 April 2020, including commercial and retail leases.  Although the COVID-19 Omnibus (Emergency Measures) Bill 2020 (‘Bill’) does not provide any further certainty in respect of the adoption of the National Cabinet Mandatory Code of Conduct (‘Code‘),  it allows for … Continue reading Commercial and Retail Leases: New COVID-19 Bill Passed by Victorian Parliament »

COVID-19 Lockdown Business Checklist – Review Reset Refresh

  If it’s a little quieter than usual due to the current COVID 19 lockdown challenges, now is the time to work on your business, not only in your business. Where do you start? Glad you asked! We’re big on lists. We thought it was time to share the love. Here’s a checklist we prepared for you earlier:   1. Get your Fine Print Right: … Continue reading COVID-19 Lockdown Business Checklist – Review Reset Refresh »

Covid-19 Relief for Tenants: Commercial Leasing Mandatory Code of Conduct

The State Government’s announcement of a new mandatory commercial leasing Code of Conduct on 7 April 2020 (‘Code’) has provided much needed guidance to parties trying to negotiate new arrangements in light of the challenges arising from the economic impact of Covid-19. The Code for commercial tenancies is intended to support small and medium sized enterprises affected by the coronavirus. The Code outlines a set … Continue reading Covid-19 Relief for Tenants: Commercial Leasing Mandatory Code of Conduct »

COVID-19 Impact on Director’s Duties: Insolvency & Safe Harbour Relief

In the wake of the COVID-19 pandemic how we do business is changing radically. The coming weeks and months will bring payment pressures to the surface for many companies as they are not able to comply with their financial obligations. We have been actively advising clients to keep the channels of communication open throughout the supply chain as this shall pass. In the meantime, we … Continue reading COVID-19 Impact on Director’s Duties: Insolvency & Safe Harbour Relief »

COVID-19 An Opportunity to do Business Differently

Since the World Health Authority declared the COVID-19 virus outbreak a global pandemic on 11 March 2020, we have seen unprecedented scenes of panic and hysteria. It has been interesting observing peoples’ reactions, ranging from obsessively buying toilet paper and hand sanitiser, through to calls for solidarity and caring for the vulnerable in our community. The COVID-19 outbreak has exposed gaps at many aspects of … Continue reading COVID-19 An Opportunity to do Business Differently »

Terms & Conditions, Advertising & Promotions: Sleighing the Sales this Festive Season

As the Festive Season brings increased trade, of the most important things to have in place are robust and compliant Terms and Conditions for your business that should set out clear guidance about how your business will deal with the expected wave of exchanges, returns and refunds of Christmas gifts. The Australian Consumer Law (‘ACL’) sets out clear rules about these and other issues, including how … Continue reading Terms & Conditions, Advertising & Promotions: Sleighing the Sales this Festive Season »