Corporate and Commercial
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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...
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...
How to reduce the risk of litigation
Understanding your legal risk is essential When you’re in business, it’s important to understand your levels of legal risk and how to avoid them. One of the most common areas of risk for any company is contracts. It can be a failure to review a contract properly, or to meet a deadline outlined in the...
Unlocking the commercial potential of long-held properties
For property owners in Australia, particularly those who have retained ownership since before 1985, there are significant opportunities to unlock the full potential of their assets. These opportunities stem from capital gains tax (CGT) laws, which introduced sweeping changes in 1985. For properties classified as pre-CGT assets, strategic planning can result in tax-effective realisation of...
Changes to franchising
The Federal Government has recently announced its support for several recommendations made following the 2023 review of the Franchising Code of Conduct. New draft code coming in 2024 A new draft of the Franchising Code will be released later in 2024 and is expected to be implemented from April 2025. The Australian Competition and Consumer...
Why you need a commercial leasing lawyer
As Brisbane races towards the 2032 Olympic and Paralympic Games, construction in the city is heating up, and a commercial leasing lawyer is more essential than ever. Surging demand for office space in Brisbane New research from Colliers suggests the River City will need an extra 11 towers built to cater for the surge in...
Buying a business in Australia: 3 hidden red flags you can’t afford...
Why buying a business in Australia requires due diligence One of the best financial decisions you can make is buying a business in Australia. After all, it’s a lot less stressful compared to starting a business from the ground up. There is already a set location, trained staff and most importantly, a client base already...
How do I turn my business into a franchise?
Franchising in Australia Franchising is a popular business model in Australia, where the franchisee buys the rights to operate a business using the name, brand, product and services of an already established business. In return, the franchisor provides resources and support to each of the franchisees. Planning to franchise your business Turning your business into...
What are disbursements?
Understanding legal expenses in property transactions When you are buying or selling property, there are a range of legal expenses involved. What are disbursements? One of these expenses is called “disbursements” and it covers activities carried out during the conveyancing process, including: Searches – such as title searches, and obtaining certificates from local councils, electricity,...