Corporate and Commercial
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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...
Franchisor Misrepresentation – An Australian Investor’s Guide
At one point or another, the opportunity to purchase a franchise business will present itself as something you can capitalise on. There is so much potential in today’s Australian business landscape where openings are abundant. Whether it’s in food and beverage or the hospitality industry, franchising presents an array of benefits that are well worth...
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...
5 Reasons Why Every Business Needs a Lawyer’s Services
Every business needs a lawyer on its team. As a business owner, you may already understand the trouble that comes with setting things up. There are tons of paperwork to go through that require legal assistance, which is why it is best to have a corporate lawyer on your side. Here are more reasons why...
Signing a Commercial Lease – Here’s How a Lawyer Can Help
With your business seeing the progress you’ve strived for and your profits growing, it’s clear that there’s no better time to finally make some much-needed upgrades than today. Now that everything is falling into place, it’s finally time for your company to make some investments that will allow it to go even further and set...
6 Company Law Elements for Foreign Investors in Australia
Foreign investors in Australia looking to invest in the country needs to undergo a meticulous process. The Australian corporate law offers many benefits for foreign investors, but there are elements of the law you need to know before you get started. What are they? 1. Directors and Officers Directors, like managers, owe the company itself and...
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...