Commercial
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Excellent Reasons to Purchase Intellectual Property Assets
They say that you should invest during a bear market. The Australian government even encourages the public to purchase Intellectual Property Assets. Whether you believe that acquiring assets during this period is a good move, you should mull things over since this involves cash. You might even want to reach out to solicitors specialising in...
A Closer Look at the Commercial Conveyancing Process
The commercial conveyancing process entails the transfer of commercial property from its seller to the buyer through different steps. It typically starts with the contract of sale’s negotiation to the official registration of the transfer. Most of these commercial transactions are handled by conveyancing lawyers who expedite the process and help you minimise the financial...
What You Need to Know About Receiving a Cease and Desist
A cease and desist letter is a legal notice that alleges your practice of unlawful or offensive activity or business. Naturally, it can be distressing to receive this kind of letter since severe legal consequences can follow if you do not comply with the accuser’s demands. These can include legal costs, damages, or the destruction...
What Is A Restraint of Clause and How Can It Be Enforced
Are you considering the purchase of an established business? If so, then you need to make sure that the previous owner will not be establishing another business that may stand as a direct competitor of the company you recently acquired. In the same way, if you have an independent contractor or employee, you need to...
An Australian Business Owner’s Guide to Joint Ventures
The concept of joint ventures is a particularly frequent topic of discussion for many business owners. For companies that are determined to develop innovative products, expand into new markets, or strike a balance between longevity and sustainability, this setup is worth considering. At this point, you may have come across a few opportunities to merge...
Mergers and Acquisitions – Simple Mistakes You Should Avoid
A merger or acquisition can be very beneficial to your company. The primary purpose is to increase the value and accelerate the growth of your business. Both of these allow your company to grow at a rate that would not have been possible organically. Of course, this is provided that the process is done correctly....
What Should Be Included in a Proper Shareholders’ Agreement
The main purpose of a shareholders’ agreement is to ensure the fair treatment of each member as well as protect each of their rights and assets. This agreement is used to govern the relationship between a company, its shareholders and amongst themselves. This official and binding document determine how best they can work together, move...
Common Questions About Hiring a Lawyer for Your Nonprofit
When starting a nonprofit organisation, there are many challenges to face, including some legal hurdles that may require you to hire a nonprofit lawyer. While corporate lawyers who specialise in nonprofits aren’t a requirement when starting an organisation, it sure is a huge advantage. A lawyer can help you navigate the process and prevent you...
Selling Your Business – Ask Yourself These Questions First
After deliberating your fiscal matters and planning your next steps, you’ve decided that it’s in your best interest to sell your business. It may be a difficult idea to accept because of how much time and effort you’ve put into building your business from the ground up, but there will come a time when it’s...
4 Reasons Australian Companies Expand Into China
One of the highest import and export markets for Australia is China. With a solid business relationship due to plenty of foreign direct investment prospects, tourism values, and international study opportunities, many Australian companies are thinking of expanding their operations into China. China itself is one of the biggest marketplaces in the world, making it...
Understanding a Contract Indemnity Clause – What to Know
An indemnity clause is a typical feature in a construction contract. It is an agreement to cover loss and damage suffered from a breach. Despite its seemingly straightforward concept, it is often a cause of disputes and can be a point of contention during contract negotiations. A contractual indemnity alters the common law or statutory...
Understanding Contracts – What Is an Indemnity Clause
An indemnity clause is an agreement that protects one of the parties and holds the other party monetarily responsible in case certain conditions are met. Suppose you own a restaurant. As the owner, you will transact with suppliers to provide your needs. However, when a customer suddenly gets food poisoning and sues you for it...