Business Law and Corporate Law

Can you renegotiate a contract after signing it in Australia? This article examines the legal requirements for binding contract variations, including when emails, verbal agreements, or conduct can modify contractual obligations. It explores the critical distinctions between informal renegotiation and legally effective variations, addressing consideration requirements, authority issues, and the risks of poorly documented changes.

Signing a personal guarantee for your company creates direct personal liability for business debts, potentially exposing your bank accounts, investments, vehicles, real property, and even your family home to creditor claims. Understanding which assets are at risk and how creditors can enforce these guarantees is crucial before putting your personal wealth on the line.

HSF Kramer alumnus Tom Bowes reflects on a career shaped by power and infrastructure, life in Japan and the importance of building lasting relationships and giving back.