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2025 Changes to the Franchise Code of Conduct: What You Need to Know
2025 Changes to the Franchise Code of Conduct: What You Need to Know The Franchise Code of Conduct has undergone significant updates in 2025, introducing new rules and protections for both franchisors and franchisees. These changes aim to create a fairer and more transparent franchising landscape in Australia. If you are part of a franchise...
GLG Legal Advises Austral Resources Australia Ltd on ASX...
We are pleased to announce that our client, Austral Resources Australia Ltd (ASX: AR1), has been reinstated to trading on the Australian Securities Exchange following completion of a $40 million recapitalisation and corporate transformation. At GLG Legal, our corporate advisory team, led by Managing Director Michael Hansel and supported by Senior Associate Roland Leong and...
Share Sale vs. Asset Sale – What is the difference?
When purchasing a business, there are two primary methods to consider: a business asset sale or a share sale. Each approach has distinct legal and commercial implications, and the choice between the two will depend on the specific circumstances and objectives of the parties involved. Business Asset Sale vs. Share Sale In a business asset...
Does the Executor of an Estate Represent the Beneficiaries of the...
No. The executor represents the estate. What is the difference? The difference is that the estate is a form of trust. A trust has a legal identity in its own right. The executor represents that trust, or legal entity, as a whole. Some estates have only one beneficiary, other estates have more than one beneficiary,...
Mergers and acquisitions – what do lawyers do?
Choosing to buy, sell, acquire, or merge a business is a big financial decision, and it comes with a lot of responsibility. It’s important to have an experienced business and commercial lawyer to help you through the process. But what exactly does a solicitor do during the merger and acquisition process? Due diligence – your...
What to consider when entering a joint venture
Joint ventures are a great way to start a business, as you’re combining resources, expertise and risk. However, there are several important considerations to consider when entering a joint venture. The joint venture agreement should cover every aspect of the business, including who is responsible for what, who owns any intellectual property, what is the...
GLG Legal advises ASX-listed Mining Company Cannindah Resources...
GLG Legal has advised Cannindah Resources’ (ASX:CAE) on its latest successful capital raising; marking both a milestone for Cannindah Resources and a demonstration of continued investor support for Queensland’s resource sector. The fully underwritten $4.5 million entitlement offer sets the foundation for expansion drilling and broader exploration of high-value copper-gold targets. This article unpacks the...
Franchise costs and fees
How much does it cost to start a franchise Starting a franchise is a great way to get into running your own business, with an established brand that your customers are already familiar with. As part of the deal, the franchisor grants the franchisee certain rights, including using the brand name or trademark and the...
Why hiring a commercial leasing lawyer is what every business needs
Entering a commercial lease agreement is quite a big step for anyone, especially those who have no experience with the complexities of a commercial lease and negotiating their terms. whether you’re opening a restaurant, a car wash, or an office, you need to understand everything there is to know about a commercial lease. This is...
Building allowance – what is it and how does it work?
The building allowance is a deduction that allows property investors to offset construction costs of their investment property against their tax assessable income. The deduction is available for: buildings or extensions, alterations, or improvements to a building alterations and improvements to a leased building, including shop fit outs and leasehold improvements structural improvements such as...
Sun Sets on Sunset Clauses
The Queensland State Government has brought in changes to strengthen protection for buyers involved in “off-the-plan” property contracts. Off-the-plan land contracts often include a clause that allows for the contract to be terminated if a certain event does not happen by the “sunset date”, known generally in the industry as a sunset clause. Previously, a...
Collaboration: the key to managing complex legal matters
How we manage complex legal matters At Galleon Law Group, we offer a curated selection of legal services that are intended to protect your interests across multiple areas of the law. Our highly regarded team of skilled and accredited professionals works to ensure every aspect of your legal needs are met with the utmost attention...