Important notice for labour hire businesses

To operate legally in Victoria from 30 October 2019, labour hire businesses must have applied for, or have a labour hire licence following the introduction of the Labour Hire Licensing Act 2018 (Vic) (the LHL Act). The LHL Act imposes obligations not only on the businesses that provide labour hire services, but also on the [...]

2019-06-24T22:59:37+00:00June 24th, 2019|Business Advice, Compliance, Corporate Advisory, Employment Law|Comments Off on Important notice for labour hire businesses

Moral Clauses

Many celebrities have taken to social media sites, such as Twitter or Facebook, to post their own opinions about topical events in our society, such as the #MeToo movement. Whilst public debate is always encouraged, for a Studio who has contractually engaged a Talent, these opinions can sometimes be a minefield. Even the most harmless of [...]

2019-06-04T01:15:01+00:00June 4th, 2019|Business Advice, Contracts, Corporate Advisory|Comments Off on Moral Clauses

Accounting for IP in a Sale of Business: Know what you’re giving away (and charge for it!)

Gaining a thorough understanding of what your business is worth is a tricky process. Regardless of past investments and future potential, ultimately it will only be worth what somebody is (currently) willing to pay for it. Too often however, in formulating a sale price, many business owners will neglect to take proper account of (or [...]

2019-05-22T05:12:03+00:00May 21st, 2019|Business Advice, Contracts, Corporate Advisory, Intellectual Property|Comments Off on Accounting for IP in a Sale of Business: Know what you’re giving away (and charge for it!)

I’ll take your business but not your problems! – The importance of understanding lease reinstatement obligations when purchasing a business

Buying an existing business can be an exciting but stressful process. Along with assuming the rights to exploit and grow an existing enterprise, the purchaser also assumes numerous obligations and liabilities. Apart from taking on the responsibility for employees, maintenance of assets and responsibility for ongoing management, part and parcel of the obligations assumed will [...]

2019-04-29T23:09:56+00:00April 29th, 2019|Business Advice, Contracts, Corporate Advisory|Comments Off on I’ll take your business but not your problems! – The importance of understanding lease reinstatement obligations when purchasing a business