Tenants and their guarantors remain liable for the obligations of a lessee under the lease even after they have assigned the lease to someone else. This means that if an assignee starts defaulting on their rent payments or the landlord terminates the lease for breach,...Read More
If your business is involved in a commercial dispute, your biggest concerns are likely to be the financial losses that your organisation and its officers could suffer, and the size of your legal bill. Commercial disputes can be disruptive, emotional and exhaust...Read More
A company constitution is usually drafted in a standard format and does not provide protection for shareholders in the event of a dispute between them or where issues arise not covered by the constitution. A shareholder agreement, which properly outlines the steps to...Read More
So, you have found a business and you have your heart set on buying it. Or maybe you work for a business that looks like it is being sold. Congratulations that’s great news! However, before you rush off to hand over the purchase price or greet the new owner of the...Read More
There are 4 main types of business structures for doing business in Australia, each with their own advantages and disadvantages. A person can carry on business as a sole trader, partnership, trust and company. The choice of business structure is an important decision...Read More
It’s not uncommon for one family member to loan money to another family member without preparing a written agreement and with the intention that it will be repaid when the person loaning the money asks for it. Such a loan is termed an on demand loan, that is, the loan...Read More
