The Impact of Unfair Contract Legislation on the Certainty of Commerce

The Australian Government’s legislative reforms on Unfair Contract Terms (UCTs) are a significant development in the business landscape. This article explores the key changes, their implications, and the necessary precautions that businesses must take to ensure compliance. Unfair Contract Terms (UCT) Law: An Overview Australia’s UCT regime, embedded within the Australian Consumer Law (ACL) and continue reading

When We All Understand the Assignment: Assigning a Retail Shop Lease as Part of a Commercial Business Sale

An easily overlooked element of a commercial business sale is that of assigning the existing lease, which is key in enabling the buyer to continue operating the business in the same premises where the seller currently resides. While the steps involved, in assigning the existing lease, may be relatively straightforward the time and effort in continue reading

COVID, Floods, War… Recent events that might leave you contractually liable if not for force majeure

COVID-19 demonstrated that unforeseen events can and will occur that significantly affect businesses across all industries. Such events not only have the capacity to impact business financial performance but may also have consequences on all parties’ contractual rights and obligations in business dealings. There may have never been a better example of extenuating circumstances making continue reading

Business Law Update for 2014

There is no doubt that 2013 was a huge year of change in respect of the laws applying to small and large businesses. This will continue throughout 2014. I recently presented the 2014 Business Legislation Update Seminar for the Australian Institute of Company Directors on the Sunshine Coast. Some of the key areas I addressed continue reading

Liability Limited by a scheme approved under professional standards legislation | Website by VA