If I Break My Restraint of Trade Clause, Do I Have A Defence?

It is common for employment contracts to have restraint of trade clauses. These prevent you from doing certain things while you’re working for your employer, or even after your employment has ended. While you may have agreed to these clauses when you signed your employment contract, that doesn’t mean that they’re always able to be enforced.

What are My Rights and Obligations as a Guarantor?

A guarantor is a person who is legally responsible for paying back a loan if the borrower fails to make repayments. It is not uncommon for friends or family members to ask someone to be a guarantor under their loan application. For example, a close friend of yours might want a loan from a bank to open her new business and ask you to be a guarantor under the loan.

What Can I Do If My Trustee Isn't Acting in the Trust's Interests?

Do you feel that your trustee may have been keeping you “in the dark” about information regarding your trust?  Do you feel as if the trustee is favouring another beneficiary over you?  Or do you suspect the trustee is misusing their position when it comes to handling assets of the trust?Under the Trustee Act 1925 (NSW), trustees are required to exercise their powers in the best interests of present and future beneficiaries.