Commerical leases rental coronavirus

Pandemics are bad for business, and Commercial leases will now have to reflect that for the COVID-19 period

The COVID-19 pandemic has just slugged the global economy with the most significant downturn since the Great Depression. Still, once the virus is under reasonable control, it will probably be easier to recover economically than it was in the 1930s. Nevertheless, many businesses could collapse in the short term, which would have become viable again …

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esigning wills covid 19

Beam Me Up Scotty – Witnessing Documents Over the Net During the Pandemic

Since 22 April 2020, in a legal milestone, legal documents can be witnessed and signed over the Internet. On this date, the Electronic Transactions Amendment (COVID-19 Witnessing of Documents) Regulation 2020 (NSW) came into effect. The Regulation is designed to overcome the restrictions the NSW Government’s response to the COVID-19 pandemic has placed on gatherings, …

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Termination of a Contract or Agreement, including your COVID-19 pandemic options

If you have a written contract, it will often contain a clause that allows either side to terminate the agreement if a specific condition is not met, usually the supply of goods and services or payment by some particular date. If the condition is not met by the other party, you can choose to terminate …

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Franchises – Finding a Goldmine and Avoiding a Sinkhole

If you take a casual look at some franchises, like Maccas or KFC, you might get the impression that they are a licence to print money. Everything decided for you, from product to training to publicity, a well-known brand and logo, access to prime retail addresses, and a Head Office full of lawyers and accountants …

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Franchise Disputes – Notice of Dispute and the Franchising Code

You have bought into a franchise which you thought was a licence to print money, and suddenly you are in a dispute with the franchisor, the owner of the brand. What can you do? You should issue to the other party a Notice of Dispute under the Franchising Code of Conduct. When you think about …

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Crowd-Sourced Funding – a New Type of Company to Attract Investors to Your Business

The latest amendments to the Corporations Act extend Crowd-Sourced Funding Rights to private companies as well as unlisted public companies. The Amending Act removes the need for a proprietary company to convert to an unlisted private public company before seeking crowd-sourced funding. This means a private company which has more than one director can keep …

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Unfair Contract Terms: Cases on Small Business Protections under the Australian Consumer Law

As shown by recent contract law cases under the Australian Consumer Law, a small business can have unfair contract terms voided by a Court when a contract is offered by a B2B supplier on a take-it-or-leave-it-basis, the contract provisions are too one-sided in favour of the supplier, and resulted in harm to the small business complainant. …

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