Personal Guarantees: Do you know what you are signing?
Personal Guarantees: Do you know what you are signing? Our firm is frequently involved in litigation concerning personal guarantees. A familiar scenario is one where a company director is...
Read MoreLetter of Demand
What is a letter of demand? A letter of demand is a formal demand for action by a third party. While a letter of demand may seek that the...
Read MoreContractual Warranties: Can an assignee sue for pre-assignment breaches?
Take-away Message Can an assignee sue for pre-assignment breaches? Yes, unless the terms of the commercial contract specifically state that they cannot… Introduction An assignee is a person (or...
Read MoreWhat do you need to know about the personal property securities register (PPSR) if you are purchasing or selling a business?
In our previous article, which can be found here (http://www.turnbullhill.com.au/personal-properties-securities.html), Gavin Hanrahan provided an overview of the most recent changes to the laws relating to the PPSR. That article...
Read MoreConstructing your license agreement to meet your needs
Many a business’s most valuable asset is its right to regulate who uses, and who has the right to use, a particular product. If you own the product, the...
Read MoreCommercial Leases: Understanding the basics
What is a commercial lease? As the expression suggests, a commercial lease refers to the lease of commercial property. This includes office space, industrial units, workshops and warehouses, retail...
Read MoreCommercial Leases – Get Them in Writing
Commercial Leases: Always get them in writing! I recently spoke to a client who is the owner of a commercial warehouse that he had leased out to a tenant...
Read MoreWhy should I require security if I’m a landlord and leasing my commercial or retail premises?
As a landlord, when you rent out your commercial premises you would generally do so on the basis that the tenant is responsible for paying you rent and their...
Read MoreThe most important provision of a shareholders’ agreement is the exit provision
There can be no doubt that if you are a shareholder and a party to a shareholders agreement, written or verbal, that one day you will exit the shareholders...
Read MoreSell My Business – Always have your business ready for sale!
How do I sell my business? Is your business read for sale? Probably all business owners have some sort of plan as to how they want to retire from...
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