30 - Sham Share Transfer

Navigating Corporate Disputes: Lessons from the Yin vs. Maalouf Case In this episode of Business Know How, Practical Legal Insights for Australian Businesses, host Melissa Bush delves into a recent Supreme Court case involving a corporate dispute between Mrs. Yin and Mr. Roy Maalouf. The episode covers the case's background, the legal questions raised, and the court's decisions. Key takeaways for business owners include the importance of substance over form in legal agreements, the limitations of ASIC filings, the need for actual loss in misleading conduct claims, and procedural requirements for correcting corporate registers. The discussion emphasizes the critical need for proper legal guidance in managing business ownership and directorship changes.

00:00 Introduction to Business Know How

00:58 Case Overview: Yin vs. Maloof

02:30 Legal Questions and Court Decisions

09:21 Implications for Business Owners

11:18 Conclusion and Takeaways

https://www.businessknowhow.com.au/blog/sham_0525