Blog
Category: Commercial Law
Back to basics – what is a contract?
Contracts are used daily in all parts of everyday life, from business to buying groceries, and can come in many shapes and sizes. When we strip it all back down though, what is a contract?
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Corporate veil in Australia
If you currently operate a company or you’re thinking of registering a company, you might have heard of the term ‘corporate veil’. In a nutshell, the corporate veil refers to the limited liability that members, shareholders and directors of a company enjoy.
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Tabcorp and Entain: the potential impact on Australian pubs and hotels
Tabcorp has an exclusive deal with the NSW government to operate gambling in pubs and hotels. Tabcorp believes a recent partnership entered into between Entain and AHA NSW may be a breach of that agreement.
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Should my company have a shareholder’s agreement? (hint: the answer is usually yes)
At the end of the day, running a business is all about making decisions. Big decisions, small decisions, easy decisions, scary decisions and financial decisions. A shareholder’s agreement can assist by setting out a structured process of how those decisions should and can be made.
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Limited vs unlimited liability – considerations when choosing a business structure
A major factor that business owners must consider is whether they would like to limit their liability should the business incur unpayable debts or liabilities. The business structure chosen will determine if owners have limited or unlimited liability.
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Changes to contract laws will make unfair contract terms illegal from November 2023
New contract term laws aim to protect consumers and small businesses from unfair contracts. Under the new and amended laws, from November 2023, all unfair contract terms will be illegal, and parties using unfair contract terms may face severe penalties.
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How do I know if my business name is available?
When choosing a new business name, it’s important to ensure that your selection is available and, importantly, you’re not going to breach any laws of copyright or trademark.
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