What types of deadlock clauses are used in Shareholder Agreements?
What types of deadlock clauses are used in Shareholder Agreements? A deadlock clause is a provision to resolve a situation where there is a major disagreement (or ‘deadlock’) between...
Read MoreYou’re in business with others…if it all stops going well, are your options clear?
During the past year I’ve provided advice to numerous business owners in disputes with a co-owner. Generally the business owners operated by way of partnership or as shareholders of...
Read MoreIn 2014 franchisors are now being targeted by the ACCC
In late 2013, the ACCC announced that it would begin targeting franchises in the Health & Fitness and Takeaway Food industries by commencing a new round of audits. These...
Read MoreAre you considering buying a franchise or franchising your business
Buying a franchise or franchising your business is a major business decision and, although it is a rapidly expanding means of doing business in Australia, franchising is not a...
Read MoreCapital Gains Tax (CGT): Timing is everything for a seller
Timing is everything when it comes to Capital Gains Tax (CGT). A decision in a case before the Administrative Appeals Tribunal (AAT) earlier this year highlights how costly it...
Read MoreConverting an Incorporated Association into a Company Limited by Guarantee
In New South Wales many not-for-profit organisations have traditionally operated using an incorporated association as the preferred business structure. However, incorporated associations are generally constituted for the purpose of...
Read MoreEffective Exclusion Clauses in Commercial Contracts: 2 Lessons for Business Owners
A recent decision in the case of LA Rosa v Nudrill WASCA 18 serves as a reminder to all business owners that exclusion clauses in contracts are not...
Read MoreOccupier of retail shop not liable for the actions of a “suspected fraudster”
On the 8th of February 2013, the New South Wales Court of Appeal handed down its Decision in an appeal by a store owner against a finding it was...
Read MoreThe Claimants’ Insurance Lawyer should understand the Claimant, their loss & how it affects them
Insurance disputes generally involve two parties, the Insurer and the Claimant. One generally a multi-national company, and the other more often than not, a person. A Claimants’ Insurance Lawyer...
Read MoreCompany Power of Attorney
Consider this situation… You are the sole shareholder and officer of the company that is your primary business vehicle. You have a Will and it is all up-to-date so...
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