Company directors have a legal obligation to avoid conflicts of interest. Identifying and managing potential conflicts is essential for all company directors. When a conflict exists, a company director should seek professional advice from an experienced legal advisor....
A drag along tag along shareholder agreement is an essential part of structuring a company’s ownership and protecting shareholders’ interests. These provisions help define the rights and obligations of both majority and minority shareholders, especially when shares...
Contracts are a common tool used throughout our lives to create legal relationships between parties to define what actions people will take. If you have entered a contract with another party, you are obligated to abide by the terms and conditions of the contract. Any...
Family businesses are the backbone of Australia’s economy, contributing over 70% of the nation’s GDP and employing a significant portion of the workforce. However, their long-term success can be fragile, with only a fraction operated by the third...
What Is an NDA and Why Your Business Needs One An enterprise’s confidential information such as trade secrets, processes and key contacts are all valuable assets that should be protected during the course of a business’s commercial operations, negotiations and...
Knowing when and how to terminate a contract is crucial for all business owners in Australia. Various reasons may justify the termination of a contract, such as breach by another party, frustration, mistake, and force majeure. However, terminating a contract is a...
