In the fast-paced world of business, financial disputes can arise at any time, and if not managed properly, they can quickly become complex legal challenges. Business disputes commonly involve: Contract Disputes: Issues related to contract terms, breach, or interpretation. Payment Disputes: Disagreements over unpaid or late payments for goods or services. Shareholder or Partnership Disputes: […]
Continue readingInternational currency disputes: Australian Court upholds Chinese judgement
Background The plaintiff Di Wu applied to strike out the defendant Ke Yin’s defence and sought summary judgment. Wu alleged that Yin failed to exchange USD $600,000 for RMB Y3,966,000 as agreed. Wu obtained a judgment against Yin in a Chinese court for RMB Y3,510,015, which Yin refused to pay. Wu sued on two grounds: […]
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High bar: Challenging foreign judgment in Australian courts
Background This case involves an appeal of an Associate Justice’s decision to grant summary judgment in favour of Mr Wu against Mr Yin. Mr Wu, a Chinese national, claimed he entered a foreign exchange agreement with Mr Yin in 2017, transferring RMB to Mr Yin in exchange for USD. Mr Wu alleged Mr Yin failed […]
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Australian homes: Smaller in size & taller in price
22 November 2018 Recent figures from the Australian Bureau of Statistics have shown that the sizes of Australian homes are the smallest that they have been in more than two decades. The Sydney Morning Herald recently took note of this trend in their article ‘New Australian Homes are the smallest they’ve been in 22 years.’ […]
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The Australian Population Dilemma and Cuts on Migration
Leo Zhang 22 November 2018 Prime Minister Scott Morrison intends on cutting the number of migrants entering Australia, stating that “the roads are clogged, the buses and trains are full.” The Sydney Morning Herald covers this topic in the article, ”Enough, enough, enough’: Scott Morrison says he will cut Australia’s migration intake.’ “Here in Sydney, […]
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