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Business Law

Lease Incentives

In today’s market, lessors want to retain lessees whose leases have expired or find new lessees to fill vacant premises. Lease incentives are being offered by lessors to current lessees to keep them in the premises they have been operating from or are trying to...

In Your Lease – Relocation and Redevelopment

‘In Your Lease’ is an ongoing series where our resident lease experts offer their thoughts on common issues that arise when negotiating a lease or an extension to lease. This issue looks at relocation and redevelopment clauses. 1.      What are...

5 Things to Look Out For When Purchasing a Franchise

So you’ve decided on purchasing a franchise? This can be profitable but it’s also a risky investment. Make sure you consider these five things before franchising. 1.  Resilient Business Model The franchisor does not have to have been in the marketplace for...

Responsibility for Content on Social Media

Many companies have now jumped on to the social media band wagon, taking advantage of the vast networking and advertising opportunities that sites such as Facebook, Twitter, LinkedIn, You Tube and Instagram  offer businesses. Whilst social media sites present...

The Franchising Code of Conduct is changing… again

In April 2014, the Federal Government released a draft version of the proposed new Franchising Code of Conduct [the Code]. These proposed amendments will take effect in January 2015, and based on the draft, are likely to include: The introduction of a general duty on...

Increased Personal Liability for Directors

Directors Personal Liability Historically, to attach personal liability to a director, the Commissioner had to issue a Director Penalty Notice (DPN) allowing 21 days for a director to take action to avoid personal liability, ie by making the company to pay the debt or...