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Succession Arrangements for Family Companies
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 generation....
The Benefits of a Non-Disclosure Agreement
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...
Understanding Your Duties as a Trustee in Western Australia
A trust is a vehicle through which property is legally held by a trustee for the benefit of others. It separates the beneficial and legal ownership of property. The parties to a trust are the settlor (person creating the trust), the trustee (the legal owner of trust...
When Can I Terminate a Contract?
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...
Understanding Share Sale Agreements
Understanding share sale agreements is essential for corporate clients navigating the sale of shares in Australian businesses. Investors and entrepreneurs should familiarise themselves with typical provisions found in share sale agreements and be aware of important...