In the hope of expanding their businesses and opening up new horizons, many owners of growing companies are both keen and flattered when an experienced industry player shows interest in purchasing a substantial stake their business entity. Oftentimes, apart from the opportunities and prospects that come with a substantial capital injection, the advantages of bringing [...]
Businesses offering goods and services for sale to the public often have the best of intentions in dealing with product warranty claims, however, their efforts can at times be let down by poorly written warranties, a lack of coherent customer claim processes or poor staff training in relation the organisation’s obligations under the law. In [...]
Generally speaking, the formal written record of decisions by a Board of Directors is the signed Minutes of a Board Meeting. WAIT… I know this sounds dull but bear with me, it’s important. Sure, you may be thinking: complete snoozeville… who can be bothered, we have more important things to worry about… like actually running [...]
We are regularly tasked with reviewing various commercial contracts, generally briefed with the sole instruction of identifying notable risks for our clients. Of late, a seemingly prevalent risk is rogue charging clauses popping up in sometimes unlikely places. A charging clause is often intended to make the beneficiary of the clause a secured creditor who [...]
