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Related Reading: Business Law
When is an agreement legally binding?
It is important to recognise that whether an agreement is legally binding may not be as straight forward as you might imagine and has been the cause ...more
Recoverable Contract Damages from a breach, the rule of Remoteness
In a contract, damages flowing from a breach must not be remote. This principle has been defined in the well known case of Hadley v Baxendale. The ...more
What is the difference between Contracts, Deeds and Agreements
An agreement is a colloquial term that can be documented in the form of a contract or deed. Deeds and contracts differ in several ways discussed in ...more
Recent Resignation Requirements for Directors
Overview Directors of companies need to comply with recent resignation requirements under the Corporation Act 2001 (Cth). Compliance with these ...more
Holding Companies in Australia
There are a plethora of ways to structure a business in Australia including companies, sole proprietors, partnerships and trusts. However, it may be...more
High Court Broadens Mandatory Examination Powers
Overview Section 596A of the Corporations Act 2001 (Cth) allows “eligible applicants” to apply to have an officer of a company in ...more
Director Identification Requirements
As a result of recent legislation, directors are now legally required to have a director ID. All directors of a company, registered Australian body,...more
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Franchising Agreements
What is Franchising Franchising is the creation and distribution of a brand and franchise system which allows an individual (franchisee) to do ...more
Illegal Phoenix Activity
What is Illegal Phoenix Activity? Illegal phoenix activity is when an existing company transfers its current business and assets to a new company to ...more
ASIC Investigations
The Australian Securities and Investments Commission (ASIC) is the Federal body responsible for the regulation of Australia’s companies and ...more
Joint Ventures in Business
A joint venture is a business arrangement where a group of individuals and or businesses agree to cooperate to complete a task or project they can ...more
Directors Duties
A director is an officer of a company that has responsibilities, powers, and legal obligations in relation to the management of the company; a company...more
Restraint of Trade Clauses
What is a Restraint of Trade Clause? Employment contracts may include restraint of trade clauses. These clauses can prevent or restrict employees ...more
Due Diligence in Business Transactions
Due Diligence when Purchasing a Business The purchase of a business is a significant endeavour and purchasers should conduct due diligence before ...more
