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Treatment of employees on the sale of a business

17

Jan

Treatment of employees on the sale of a business

17 January 2019 Articles
The information below relates to the Standard Conditions of Sale – Business Sale (Third Edition). There are a number of considerations in relation to the treatment of employees when buying or selling a business. This will generally be subject to the negotiation between the parties and the terms of the Contract. Both parties should be aware of their rights and obligations to ensure the smooth transition of the busin...
What do I do if my Certificate of Title has been lost or destroyed?

03

Dec

What do I do if my Certificate of Title has been lost or destroyed?

03 December 2018 Articles
What is a certificate of title? A Certificate of Title provides documentary evidence of right of ownership. When a person lodges a document for registration in relation to a property, if a paper certificate of title exists, it must be returned to the Titles Registry. If the certificate has been lost or destroyed, the person will need to apply to dispense with its production before they can lodge a document for registra...
What are my responsibilities as an Attorney under an Enduring Power of Attorney

28

Nov

What are my responsibilities as an Attorney under an Enduring Power of Attorney

28 November 2018 Articles
A person acting as an Attorney under an Enduring Power of Attorney must obey and follow the terms as set out by the EPOA document itself as well as the General and Health Care Principles. What are the General Principles and Health Care Principles? Anyone acting as an Attorney on behalf of a person with impaired capacity for making decisions, must comply with the General and Health Care Principles. General Principles -...
No Option to Renew under a Lease Agreement

12

Nov

No Option to Renew under a Lease Agreement

12 November 2018 Articles
When there is no option to renew in a Lease Agreement, the Lessor is under no obligation to extend the current Lease Agreement at the expiration date. It is important to take into account the potential consequences of this, when negotiating and entering into a Lease where there is no option to renew. As there can be different names used to describe the Parties, let’s start by clarifying this: - Lessee – Tena...
5 things to consider before you sign a Contract for a property on Saturday

02

Nov

5 things to consider before you sign a Contract for a property on Saturday

02 November 2018 Articles
It is very common for people to enter into Property Contracts over the weekend, without having a Lawyer go through the Contract. Property transactions can be very fast moving which can often cause pressure to enter into Contracts on less favourable terms in order to secure a Property. This can be very risky and we strongly recommend having a Property Lawyer go through a draft Contract prior to execution. Each property is...
5 tips to help early stage companies survive

25

Sep

5 tips to help early stage companies survive

25 September 2017 Articles
Approximately 85% of startups survive their first year in business and of those, less than 70% survive their second year in business.  By the 5th year, that survival rate is down around the 50% mark.  But there are several things you can do to arm yourself for success. 1. Have a strategy and road map in place You probably wouldn’t go on a holiday without knowing where you’re going and having some p...
Deloitte hacked! How can you protect your business from cyber security breaches?

25

Sep

Deloitte hacked! How can you protect your business from cyber security breaches?

25 September 2017 Articles
In March 2017, Deloitte, which provides high-end cybersecurity consulting services, discovered the hack and it would appear attackers may have had access to the company’s systems since as early as October 2016.   According to The Guardian, attackers were able to compromise Deloitte’s email server through an administrator account which did not have two factor authentication protection.  The hack...
Vulnerable Worker’s Bill – How will this impact business owners?

25

Sep

Vulnerable Worker’s Bill – How will this impact business owners?

25 September 2017 Articles
On 5 September 2017, the Fair Work Amendment (Protecting Vulnerable Workers) Bill 2017 passed both Houses of Parliament and will become law once it receives Royal Assent.   Once it is law, the following will apply with immediate effect: - Increased penalties for breaches of record-keeping and pay slip obligations; - Increased penalties for ‘serious contraventions’ of workplace laws; - It will be...

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