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Friends Go Into Business Together, Fall Out, and Lose Both the Friendship and the Money — All Because They Didn’t Get the Hard Talk Out of the Way First

November 18, 2021 · Mingqiang

Friends Go Into Business Together, Fall Out, and Lose Both the Friendship and the Money — All Because They Didn’t Get the Hard Talk Out of the Way First

Australia is a country that is very friendly to small-business owners, and many immigrants choose to partner with others to run a business here. In practice, however, we frequently see businesses run into trouble and become unsustainable, with partners falling out over disagreements and ultimately parting on bad terms — losing both the friendship and the money. The fundamental reason is usually that no "Shareholders Agreement" was signed in advance.

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How to Politely Tell Your Spouse ‘My Money Stays My Money’ — Legal, but No Guarantee You Won’t Get Hit…

November 16, 2021 · Mingqiang

How to Politely Tell Your Spouse ‘My Money Stays My Money’ — Legal, but No Guarantee You Won’t Get Hit…

Many people have heard of pre-nuptial property agreements, particularly those with significant assets or from wealthy families who want to protect their property if the relationship breaks down. Property agreements sound simple — seemingly just a straightforward document dividing assets — but under Australian law they are in fact quite complex.

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A thread of love binds us across the Northern Hemisphere — yet in the Southern Hemisphere, you severed our “bridge of magpies”!

November 9, 2021 · Mingqiang

A thread of love binds us across the Northern Hemisphere — yet in the Southern Hemisphere, you severed our “bridge of magpies”!

A marriage certificate, a wedding ceremony — two people finally come together, crossing the limits of space and geography to register their marriage in China. Love is hard-won, and staying together is even harder. If the couple later moves to Australia together, or one of them does, and their marriage withers for one reason or another, how do they go about getting divorced in Australia? Can a marriage registered overseas be dissolved in Australia?

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My Parents Bought the Property for Me — After We Split, Half of It Was Taken Away…

November 4, 2021 · Mingqiang

My Parents Bought the Property for Me — After We Split, Half of It Was Taken Away…

As property prices keep rising, young people — especially fresh graduates just entering the workforce — increasingly lack the financial capacity to buy a home. It is becoming more and more common for parents to fund all or part of the purchase price. However, when a property is bought with parental funds or transferred by parents into a child's name, disputes over ownership often arise, particularly when property settlement or a sale of the property is involved.

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I Almost Missed This “Key Point” When Buying My Off-the-Plan Property — and Nearly Begged “Them” to Stay…

November 3, 2021 · Mingqiang

I Almost Missed This “Key Point” When Buying My Off-the-Plan Property — and Nearly Begged “Them” to Stay…

The Australian property market is on fire, and listings simply can't keep up with demand. Many new migrants and local young buyers are shifting their attention from established homes to off-the-plan properties. When buying off-the-plan, the biggest worry is usually not being able to take possession on time, or endless delays that wear you out.

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If the Meng Meiqi Incident Happened in Australia: Is the Mistress Actually Legally Protected? Is a “Chen Lingtao-style Will” Legally Valid?

October 28, 2021 · Mingqiang

If the Meng Meiqi Incident Happened in Australia: Is the Mistress Actually Legally Protected? Is a “Chen Lingtao-style Will” Legally Valid?

Today we are not going to discuss the moral issues in the Meng Meiqi incident — we trust that rational netizens have already formed their own judgements. As legal professionals, we only see the legal points hidden in this big piece of gossip. We will mainly analyse, if the Meng Meiqi incident were to happen in Australia, some of the legal issues it would involve.

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