If you’ve ever been involved in a legal dispute, you’ve probably seen the words “without prejudice” stamped across a document, letter or email. But what does it actually mean? In simple terms, “without prejudice” protects settlement discussions from being used against you in court. It creates a safe space for negotiation, so you can make [...]
Why This Issue Hits Home for Every Entrepreneur Running a business—whether you’re a solo operator or leading a small-to-medium team—means making thousands of decisions and managing endless moving parts. Yet one area many entrepreneurs overlook is also one of the simplest to fix: having clear, written Terms and Conditions (T&Cs). Maybe you’ve been there: a [...]
In a recent ruling that should galvanise franchisors across Australia to pursue greater oversight of their franchisees’ payroll practices and to intervene more actively as necessary, the Federal Court has dismissed an appeal by a major franchise network against a finding of liability for underpayments by one of its outlets by the Fair Work Ombudsman [...]
A shareholders’ agreement is a binding contract that regulates the rights and obligations of shareholders. Such agreements establish rules governing the operation of companies and how specific events must be conducted. Unlike the replaceable rules or a constitution required by the Corporations Act 2001 (Cth), shareholders’ agreements are not compulsory. However, upon incorporation, or when [...]