Setting Up New Companies / Units / Sales offices All types of business entities are relatively inexpensive and straight forward to set up in Australia. Generally, international investors, foreign head offices and other parties from outside Australia will choose to set...
In brief In August 2022 the Federal Court gave judgment in the unfair contract terms (“UCT”) case launched nearly two years ago by the Australian Competition and Consumer Commission (“ACCC”) against Fujifilm Business Innovation (formerly Fuji-Xerox) (“Fujifilm”) The...
Most people recognise the importance of having a Will to determine how their property is distributed when they pass. If you are self-employed, a partner or co-director, having a ‘Will’ or succession plan for your business is equally important. Think about what may...
This article sets out the steps involved when selling your business and some of the important factors to consider. At the beginning of the process, you wish to know what you want to sell, and why. Once you’ve made the decision to go forward, you should be (if not...
Uncertainty of contract – the ‘safe harbour’ and corporate insolvency amendments Over a nine month period to July 2018, amendments to the Corporations Act come into force which significantly limits the ability of corporate parties to rely on an ‘insolvency event’ to...
ASIC’s review of unfair terms in small business loan contracts – impact on equipment financiers In March 2018 ASIC released one of its periodic ‘Reports’ on how it considers various laws and regulations should work. Report No. 595 comprises a review of the changes the...