The Low Down on Buying a Business

buying a business purchasing business franchise lawyers sunshine coast brisbane queensland

If you are considering buying a business there are many things you need to do from a legal, financial and general business perspective.  Getting the right advice from the start is important. The structure of and issues involved in the sale are quite different if you are buying the business assets only, compared with the continue reading

The Significance of Freedom of Contract in Commerce: A Comprehensive Guide

Understanding Freedom of Contract Freedom of contract is a legal principle that empowers contracting parties to negotiate and establish their agreement’s terms without any external interference, particularly from the government. It forms the bedrock of a liberal constitutional state and is a vital component of civil law in many countries. Freedom of contract is an continue reading

Big Penalties for Unfair Contract Terms

Contracting with small businesses or consumers will become a risky business from 9 November 2023 as changes to the use of unfair contract terms come into effect (the Regime). Parties will be faced with significant repercussions for contracting with unfair terms in standard form contracts. The Regime applies to both consumer contracts (i.e. contracts with continue reading

Your Breach or Mine? – A Cautionary Tale for Parties to Building Contracts

These are precarious times for the building and construction industry. This uncertainty is often heightened by standard form building contracts containing little in the way of guidance when it comes to a party being ‘otherwise in substantial breach’ of their obligations. Terms such as ‘substantial breach’ are seldom defined in these building contracts, and it continue reading

But I Didn’t Sign Anything?

Writing Requirements for Contracts for the Sale of Land and the Electronic Transactions Act Section 59 of the Property Law Act 1974 (Qld) (“Property Law Act”) stipulates that a contract for the sale or other disposition of an interest in land must be in writing and signed to be enforceable. Other Australian jurisdictions have similar continue reading

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