By Hayden Nelson On 4 September 2023, the Government introduced the Fair Work Legislation Amendment (Closing Loopholes) Bill 2023 (Cth) (‘the Bill’) where one of its aims is to shore …
Joint Tenancy & Tenancy in Common – What’s the Difference?
Introduction When acquiring property together with other people, there are two ways in which ownership can be shared: joint tenancy and tenancy in common. These concepts mostly arise in the …
Understanding Directors’ Duties in Australian Law
By Jackson McKinley Directors hold an essential role in overseeing the management and shaping the decision-making process within companies. As companies are themselves individual and separate entities, the relationship of …
What does a share option plan mean for employees and are there any associated legal risks?
By Sanchit Paul Introduction Share option plans have become a popular form of employee compensation in the corporate world. These plans provide employees and directors with the opportunity to purchase …
An extraordinary promise and estoppel – Moore v Aubusson [2020]
By Priscilla Sidey Case Summary – Moore v Aubusson [2020] NSWSC 1466 The case of Moore v Aubusson involves a dispute over the distribution of the $11M estate of …
Invitation to Treat vs. Offer in Australian Contract Law: Understanding the Difference
By Jackson McKinley Under Australian contract law, a contract needs 4 essential elements — offer, acceptance, intention to create and valid consideration. So, it is important to be able …
Selling a Business? Important obligations that last beyond signing a contract
By Jackson McKinley When it comes to selling a business, a vendor’s job does not end once they sign a contract. Often, vendors will have several legal obligations to fulfil …
Bankruptcy – 9 things you must know!
What is Bankruptcy? Bankruptcy is the legal process of declaring that you cannot pay your debts. It can relieve you from an obligation to pay some or most of your …
Is the sole trader option best for your business?
To operate a business, there are several commonly available entities. They are sole trader (or, sole proprietor), partnership, company, and trust. To choose which structure for your business will depend …
Franchise Disclosure Register: changes to the Franchising Code of Conduct in 2022
1. The changes to the Franchising Code of Conduct in 2022 Hey, franchisors! You need to be aware there are some new changes to the Franchising Code of Conduct in …