An example of how leading firms can drive the direction of the industry to the benefit of clients and market efficiency.
Many businesses are only just starting to realise the significant effect the PPSA has on the way business is transacted.
Following the review of the Franchising Code of Conduct, 18 recommendations have offered a range of proposed changes.
These NSW cases demonstrate when a right to terminate a contract may be impacted by an implied obligation of good faith.
The update discusses ASIC RG 47, which will assist directors to provide an OFR with effective disclosure for investors.
Directors must ensure the minutes are a true record and if you have voted against a resolution, the minutes must say so.
Now that we are nearing six months since its commencement, charities have acquired 'the feel' for how ACNC will operate.
Merging or acquiring another company (M&A's) can be a long and complicated procedure, fraught with hidden pitfalls.
Terminating a contract can be as awkward or confusing as a break up Ė you can still find yourself tied up in the courts.
Challenges experienced in the current economic environment could leave many motor dealerships vulnerable to fraud.
The Commonwealth Government has announced significant additional funding for the ATO to investigate and pursue trusts.
The decision in Bradken is the first test of Australia's new cartel and bid rigging rules, and the outcome is alarming.
The parties may intend that a binding agreement arises from the formal contract, but the heads of agreement are binding.
Major reforms which could significantly impact all franchisors, are currently under review by the Australian Government.
The Government will consult with franchisors and franchisees on the recommendations in the Franchising Review's report.
Several leading law firms have worked together to develop a best practice industry approach to drafting security documents.
In the negotiation of complex agreements, clauses providing for agreed damages on termination can be a sticking point.
These PPSA model clauses by 5 law firms set out suggested clauses and definitions for certain core provisions of a GSA.
Breaches of franchise agreements are not tolerated and can be enforced by swift and decisive injunctive legal action.
A recent review of the Franchising Code is considering (among other things) the enforcement of the Franchising Code.