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Protecting Your Company’s Data – 3 Tips to Consider
As the employer, protecting your business intellectual property and sensitive information is one of your highest priorities. In the information age, it’s your responsibility to take a duty of care with not only your own personal information but also ensure confidentiality is maintained for protected for your cliental. Every single piece of information about your...
What Is a Deed of Release – All Your Questions Answered
Termination of an employee is neither easy nor ideal, but sometimes it is necessary. When the employee you’re letting go of isn’t meeting workplace expectations, they could become a liability to the company and the team. Industry standards necessitate providing them with a deed of release, which every terminated employee must agree to sign upon...
Ensuring Corporate Documents’ Enforceability – What to Know
In all its official contracts and deals, a company needs to ensure it has legally binding documents. Improper execution—that is, non-legally binding documents—could open it up to assertions that the agreement is unenforceable. Companies can execute documents following their Constitution or governing documents or the Corporations Act 2001 (Cth) (the Act). Companies can also resolve...
Our Guide to a Deed of Release – What You Need to Know
What is a deed of release? A deed of release is a legal document formed between two parties that brings a dispute or an agreement to an end, and can in fact can be used to prevent a dispute from arising in the future. Generally speaking, a ‘release’ is a discharge of obligations. There are...
Factors of Company Law You Need to Know as a Foreign Investor
If you’re planning to invest your savings into opening a business in Australia, you must know that it entails a meticulous process. You have to be sure of what you’re signing up for, so you know where your hard-earned money will go, and you can reap the rewards down the line. Australian corporate law offers...
Due Diligence for Commercial Property Transactions – Our Guide
Caveat Emptor: Roughly translated into “buyer beware,” this particular legal concept reminds all of those diving into complex and capital-heavy transactions to exercise caution for pitfalls that are permissible beyond the scope of the law. In fact, this term has evolved and become more prevalent and widely understood by Australian investors and buyers to conduct...
Effects of the Wichmann v Domway Case on the Deed of Release
If you have some idea about corporate law, then you may be familiar with a deed of release. It is a legal document that has an agreement between both parties to settle disputes. The release terms have the power to prevent either concerned party to pursue the other party to enter any other further claims...
A Quick Guide to Buying or Selling Commercial Properties
Many people will agree that purchasing a commercial or industrial property is a significant step in their lives as it may mark the start of their business or their investment. It is, therefore, a decision that needs careful consideration. It doesn’t matter if you are the one buying the property or selling one; either way,...
3 Principles to Dismiss the Deed of Release in the Court
The business world is a volatile one, and for members of the labour force, this means being a permanent employee one day and jobless the next. Even high-performing team members aren’t safe. As we have seen in the past year, circumstances beyond any individual’s control can cause a company to go under overnight. If you...
A Start-up’s Legal Document Checklist – What to Have
As many people would know, start-ups are entities that require lots of time, money, effort, and dedication because of the number of tasks that owners need to face over time. If you’ve been running your own small business for a while now, you’re probably familiar with the feeling of dealing with a mountain of tasks...
How Influential Is The Australian Consumer Law – A Case Study
The Australian Consumer Law or ACL provides guarantees to consumers regarding the quality of goods they purchase. It also includes laws covering unfair contract terms, product safety, misleading conduct, and the like. One case that exhibits the extent of the ACL’s coverage is Carter v Delgrove Holdings Pty Ltd [2013] FCCA 783. In this case...
4 Things to Consider for a Successful Joint Venture
Many businesses set up joint ventures after noticing how they and another company can work together, maximizing each other’s strength to make a profit. That said, there are many forms of joint ventures. Some can come in the form of various shareholders acting as different parties creating a single entity or a contract agreement between...