How to avoid an expensive and disruptive dispute

A recent survey* of small businesses shows how to avoid an expensive and disruptive dispute. Unsurprisingly late payment was the single biggest reported cause of disputes. Although 60% of businesses who had been though a dispute recently thought the dispute was dealt with fairly, more than half thought the time and effort required was unreasonable.   [...]

2019-03-25T02:09:18+00:00March 25th, 2019|Business Advice, Business Partnerships, Contracts, Corporate Advisory, Dispute Resolution|Comments Off on How to avoid an expensive and disruptive dispute

What if my business partner gets hit by a bus?

Firstly, if you pushed him or her in front of said bus, you’re probably off to jail. If not, then after mourning appropriately, you’d probably be wondering, ‘what happens now?’ Unfortunately, many co-owners of a business will often not turn their minds to a roadmap for the business (and the partners left behind) until such [...]

2019-02-27T05:46:48+00:00February 27th, 2019|Business Advice, Business Partnerships, Contracts, Corporate Advisory|Comments Off on What if my business partner gets hit by a bus?

Think you’re safe because you’re b2b? Well read on it’s time to review your T&C’s!

The November 2016 amendments to the Australian Consumer Law (which extended the prohibition on ‘unfair terms' to contracts with small businesses) are starting to bite. Enforcement action by the ACCC since the amendments were introduced have demonstrated the Commission’s strong desire to get tough on onerous standard terms contracts. Under the amended legislation, some contracts [...]

2018-07-11T01:02:31+00:00July 10th, 2018|Business Advice, Compliance, Contracts, Corporate Advisory|Comments Off on Think you’re safe because you’re b2b? Well read on it’s time to review your T&C’s!

When Heads of Agreement Fail

THE RECENT CASE OF CASDAR PTY LTD V JOSEPH FANOUS[1] reminds us of the hazards of non-binding and informal agreements. In that case, a Landlord, relying on a signed Heads of Agreement as the source of his rights, sought damages against a tenant. The court dismissed the claim on the basis that the Heads of [...]