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Top 5 Mistakes made when Selling a Business
Selling your business is a big decision. Whether you’re planning to retire, return to working for someone else, or pursue your next business idea. Here are the top five common mistakes to avoid when selling a small business: 1. Overlooking due diligence – Due diligence is a critical process for the buyer and the...
Buying Off-Market – Risks and due diligence
Off-market property acquisitions in Queensland can indeed offer benefits such as privacy and reduced competition. However, they also come with significant risks that buyers should carefully consider. In August 2025, the Queensland Government introduced a mandatory seller disclosure scheme under the Property Law Act 2023. This scheme applies to both on-market and off-market property...
Paying duty when buying a business
Buying a business in Queensland comes with several costs, and one of those costs is duty. It’s an issue that’s often overlooked, and if you’re a buyer from interstate, duty costs on business sales can come as a bit of a shock. New South Wales currently has nominal duty costs, and Victoria has none....
Selling your café in Brisbane: tips for a successful business sale
Selling a café in Brisbane requires more than simply listing the business on the market. Owners should prepare financial records, organise legal documents, maintain strong business performance and present the café professionally to potential buyers. With the right preparation and professional advice, café owners can improve their chances of achieving a smooth sale and securing...
Top 5 Ways to Mitigate Legal Risk for Your Company
Running any kind of business, large or small, comes with risk and it’s important you know the right strategies to keep that risk level to a minimum. Here are our top five ways to mitigate legal risks for your business: 1. Contract management – firstly, you should only sign contracts you genuinely understand. Also,...
What to do when a business partnership turns sour
There’s nothing better than a harmonious business partnership, and unfortunately, few things can be worse if that relationship turns sour. To avoid disputes, it’s crucial that every member of the partnership understands their responsibilities and what to do if disputes arise. Disagreements in business can happen for a few reasons, including: Profit...
Why AI-Generated Contracts Are Risky for Australian Businesses
Why Australian Businesses Should Avoid AI-Generated Contracts Australian businesses are increasingly turning to artificial intelligence tools like ChatGPT to draft contracts quickly and cost-effectively. While AI can produce a polished agreement in seconds, the convenience comes with significant risks. Legal professionals across Australia warn that these tools often fail to deliver enforceable, compliant, or even...
NiuPay Secures $5M Investment from Kina Securities: GLG Legal’s...
NiuPay Secures $5M Investment from Kina Securities: GLG Legal Advises on Strategic Deal In a landmark move for the South Pacific’s digital landscape, NiuPay Pacific Pty Limited has secured a USD $5 million strategic investment from Kina Securities Limited. This deal, finalised in late 2025, highlights the growing confidence in the region’s digital future 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...
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...