
4 minute read
Police Snapshot Legal Matters
COMPILED BY MAKAYLA MUSCAT
Claremont Meadows / Jamisontown: Man refused bail after scary incidents
A man will face court over a string of alleged offending in the Claremont Meadows area. Between Wednesday, August 2 2023 and Thursday, August 10 2023 numerous offences have occurred in the Claremont Meadows area.
It is alleged a 19-year-old Doonside man has attended an address on Orange Ave, Claremont Meadows on Wednesday, August 2.
At the time he was allegedly wearing a face covering, dressed all in black and holding a large knife.
It is alleged he attended the front door of the premises at 12.18am and tried to open it.
This door was locked, and the man was allegedly seen walking away on CCTV footage.
The man continued through the suburb and attended an address on Toomung Circuit, where he allegedly entered two vehicles and rummaged through them looking for property to steal.
It is then alleged he has attended a house in with another man, who attempted to enter this address using a pair of scissors.
After an unsuccessful attempt the pair walked away.
The 19-year-old man has attended Gagoor Close, Claremont Meadows where it is alleged, he has entered another vehicle.
About 2am he allegedly entered a house on the same street.
He entered the house through an unlocked rear door and moved through the premises collecting items such as car keys and bank cards.
The man went into the garage attempted to pull the manual release rope on the garage door and it is alleged CCTV has the man holding a black handgun at the time.
The occupants at this location were woken by the noise and located a man in their room, who fled the scene.
On Thursday, August 10, it is alleged the 19-year-old attended at home in Jamisontown, about 12.00am.
It is alleged he was holding a knife and a torch in the same hand and attempted to enter a house, but the door was locked.
It is also alleged he accessed a vehicle on the same street, which was again captured on CCTV.
The above matters were reported to Police at the time and an investigation was commenced.
About 1pm on August 10, the 19-year-old was identified. The man was located and arrested.
He was charged and refused bail to appear in Penrith Local Court on October 6.
St Marys: Man charged after worker spots alleged crim up to no good
A man has been charged after he was caught trespassing in St Marys.
About 7.15am on Friday, August 11, a man left his work address on Valance Street.
At the time he has seen another man walk into the site.
It is alleged a 22-year-old Lethbridge Park man walked up to a motor vehicle and started to look around.
The worker that was leaving saw him and reversed back into the driveway.
He got out of his car and noticed that a window of a nearby vehicle was smashed, and the 22-year-old was now sitting in the vehicle, and allegedly tampering with the wires.
The worker has yelled at the 22-year-old, and it is alleged he has got out of the vehicle but fell over and proceeded to lay on the ground for a short time before getting up and walking from the site.
Police were contacted and the man allegedly returned to the work site and sat in the same vehicle as before.
Police attended and arrested the man who was charged to appear in Penrith Local Court on September 22.
Penrith: Man busted with stolen clothes and illegal sling shot
A man has been charged after he was caught shoplifting in Penrith.
About 1pm on Sunday, August 13, it is alleged a 36-year-old Thurgoona man entered a sports store in a large shopping centre on High Street.
It is alleged whilst in the store he was seen to pick up a pair of gloves and a vest and walk from the store without paying for the items.
Shortly after, he allegedly entered a menswear store nearby, where he had picked up a biker type jacket, put it on and walked from the store wearing the jacket without paying for it.
Police at the time were already at the location and were approached by security.
They have located the man and arrested him. He was searched and it is alleged he admitted to stealing the clothing. Police also found a sling shot in his bag.
He will appear in court next month.
A big part of what we do at Complete Legal & Conveyancing is helping people start, acquire, or dispose of businesses.
We get a lot of satisfaction from helping people turn their dream into a reality becoming their own boss or building their business into a saleable product and selling it to someone else to take it into the next generation.
One of the important things to think about if you are buying or selling a business is the structure of the transaction.
There are essentially three ways to buy a business, depending on the structure or entity in which the assets of the business are held.
Company acquisition
More and more these days businesses are run through company structures.
A company is a legal entity unto itself. It can enter into contracts, borrow and lend money, sue and be sued.
Lots of people set up companies to run their businesses through and/or only assets of their business.
Therefore, buying the entire company which owns all of the assets and goodwill of a business is a fairly straightforward way of buying or selling.
The upside is convenience, both with respect to the documents that are needed to facilitate the transaction and also because you do not need to sign new contracts or assign customer accounts or anything of that nature to a new entity.
The downside is that when you acquire a company, you acquire it with all of its baggage.
It is therefore critically important that you conduct a financial due diligence on any company you are seeking to acquire to ensure that there are no unknown debts like taxation liabilities or employee entitlements that have not been paid floating around.
Business sale by way of Business Sale Agreement
This kind of transaction involves you purchasing all of the elements of a business necessary to continue to run it without actu- ally buying the shares in a private company/ entity.
A Business Sale Agreement will usually set out that the buyer acquires things like any registered business name, contact details, client lists, goodwill and fixed assets.
This is in theory a safer way to purchase a business from a buyer’s perspective because there is no risk that there are any liabilities attaching to a company that will follow the buyer into the future (provided that you check that if the business sale incorporates any assets that are capable of being used as security there are no registered security interests on the personal property security register).