• Bowen Buchbinder Vilensky
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Bowen Buchbinder Vilensky (BBV) is one of Western Australia’s most respected law firms, delivering legal advice and solutions across a full range of practice areas.

BBV is the first significant law firm in Perth to offer legal services on a Fixed Fee Pricing basis – we no longer bill by the hour. This revolutionary approach focuses on delivering greater certainty and peace of mind to our clients. It is also consistent with our intent to become a firm of the future. In adopting Fixed Fee Pricing, BBV is helping shape the future of the legal profession into one that is more client focused and outcome driven.

Recognised by the Law Society of Western Australia as an Approved Quality Practice, BBV is also the proud winner of the prestigious Law Australasia Pursuit of Excellence Award.

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Why Liquidators Must be Independent – and Seen to be Independent

By Craig Hollett, Director at Bowen Buchbinder Vilensky Lawyers

(with assistance from Henry Burke)

21 April 2014

Liquidators and administrators should be aware that they are required to be independent, and may be disqualified from that role even if they only appear not to be independent. In ASIC V Franklin [2014] FCFCA 85, which was a recent appeal by ASIC to the Full Court of the Federal Court, ASIC successfully applied to have three experienced insolvency professionals disqualified as liquidators for precisely this reason.

Facts

In early 2013, Walton Group engaged Mawson Group (“Mawson”), a business advisory and corporate restructuring firm, to assess its restructuring options.

In late September 2013, Walton Group sold off a significant part of its business to entities created in July and August 2013 and owned and/or directed by persons closely connected with Mawson.

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Posted on: Apr 21, 2015

A Wills and Estates Lesson from Hollywood – The Late Great Robin Williams

By Morgan Solomon, Director at Bowen Buchbinder Vilensky Lawyers

31 March 2015

There’s nothing funny about the fights coming out of the estate of the late comic genius, Robin Williams.

Williams died tragically by suicide in August last year, and the curiosities and fights that so often emerge from celebrity and high net worth estates are appearing.

There are two interesting aspects currently playing out on the public stage.

The first is that his wife and children are arguing over a definition in his will of what are his ‘personal effects’.

The will is purported to leave only some specific personal effects such as awards, jewellery and certain memorabilia:  the children believe that this should be interpreted widely and include things in the home occupied by Williams and his wife (the children’s stepmother).

Williams wife is arguing that the contents of the home should be untouched, as he intended her to live there and therefore in the home as he left it.

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Posted on: Mar 31, 2015

What You Risk by Not Finalising Financial Arrangements When You Separate

By Damien Bowen, Director at Bowen Buchbinder Vilensky Lawyers

26 March 2015

Something I've seen a lot of lately is people finding themselves in all sorts of problems as a result of not properly ending the financial relationship with their former spouse or de facto partner when they separate.  These situations seem to arise in one of three ways:

  1. The couple never discussed, or never finished discussing, the division of their assets and simply moved on with their lives;
  2. They discussed it and came to an agreement but never formalised it; or
  3. They discussed it, agreed, and formalised that agreement, but not in the proper way.

When this happens, it often leads to difficulties with ownership of property or exposure to liabilities.  But the big problems typically arise when they've gone their separate ways, then one person:

  1. Enjoys a windfall like a lotto win, gift or inheritance, or begins to make a lot of money from business venture; or
  2. Suffers a significant loss, such as a poor investment in shares, property or some unsuccessful business venture.

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    Posted on: Mar 26, 2015

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Fixed Fee Pricing
Our clients benefit from Fixed Fee Pricing

> Greater certainty and peace of mind
> Focus on outcomes delivered – not time spent
> Fees which fairly match each case
> Access to a wider pool of legal talent

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