If you are considering buying a business there are many things you need to do from a legal, financial and general business perspective. Getting the right advice from the start is important. The structure of and issues involved in the sale are quite different if you are buying the business assets only, compared with the continue reading
The legal principle of undue influence provides that a contract may be set aside or at least voidable in favour of the purported ‘weaker party’, should the agreement have arisen from a relationship of influence between the parties. Not all such transactions are remediable, but where established, the ‘weaker party’ will have the option to continue reading
When renting a business related property it is important for both Landlords and Tenants to understand the relationship they are entering into and the rights and obligations that they each have, the document that governs this relationship is usually a Commercial Lease. So what is a Commercial Lease? A lease is a legally binding contract continue reading
One of the possibilities of coming into financial strife is that a person may have to deal with bankruptcy. Bankruptcy can have long term adverse effects on a person’s credit rating and ability to borrow money in the future. As such, it is crucial to be informed about bankruptcy and its effects. What is bankruptcy? continue reading
The Federal Government has enacted legislation extending the unfair contract term protections of the Competition and Consumer Act 2010 (Cth) and the Australian Securities and Investments Commission Act 2001 (Cth) to the small business sector. Under the new laws, a Court is able to declare that a term of a standard form small business contract continue reading
Busy creative professionals like graphic artists, web designers and copywriters will know how much time and effort goes into working on a new brand for a client. Once those creative juices start flowing, the rush of inspiration often leaves little room to consider possible legal ramifications and financial consequences. These are seen as mind-numbing technicalities, continue reading
