When an agent is entering into a contract on behalf of a company, all parties to the contract should take particular care to ensure that the contract is executed properly, making it legally binding … [Read more...] about How can an Agent validly sign a Contract on behalf of a Company?
A Heads of Agreement (also known as a Memorandum of Understanding (MOU) or Letter of Intent (LOI)) is a document outlining the proposed agreement between the parties to it. There are a number of … [Read more...] about IS YOUR HEADS OF AGREEMENT CERTAIN ENOUGH TO BE ENFORCEABLE?
A recent Supreme Court decision (Cole v Lee  NSWSC 1011) has highlighted the importance of having a Partnership Agreement and following the provisions of said Agreement when looking to terminate … [Read more...] about Getting out of a partnership – the importance of the partnership agreement
Just because you’re friends doesn’t mean that you won’t run into problems when you open up a business together. The same applies if you go into business with family members – you still need to treat … [Read more...] about But we’re friends – we don’t need a partnership agreement
Consider this – you have entered into a contract to purchase a property, but for various reasons, the property no longer suits you. But it will suit your parents perfectly. So can you transfer the … [Read more...] about What is a Deed of Novation?