Restraint of Trade vs Exclusivity

Restraint of trade clauses are very common in commercial contracts. Most of us will have experienced restraint of trade (or non-compete) clauses within employment contracts where their purpose is to protect the employer’s business interests both during the employment and after the employment comes to an end.  Exclusive Services Agreements can also be entered into [...]

2021-08-04T04:35:19+00:00August 4th, 2021|Business Advice, Contracts, Corporate Advisory|Comments Off on Restraint of Trade vs Exclusivity

The importance of Shareholders’ Agreements

Many of our clients are immensely passionate about their business, have invested their life’s savings and have years of experience within their respective industries. Frequently, their business relationships with various stakeholders evolve as they form crucial business partnerships or joint ventures with complementary businesses. When parties come together in such instances, we usually insist that [...]

2021-05-05T01:07:19+00:00May 4th, 2021|Business Advice, Business Partnerships, Contracts, Corporate Advisory, Dispute Resolution|Comments Off on The importance of Shareholders’ Agreements

Mind your business (IP): The importance of guarding your intellectual property in supply relationships

Receiving an order from a new customer or distributor for your innovative product or service can be an exciting and rewarding event, particularly for SMEs trying to crack an interstate or overseas market. Oftentimes though, in the eagerness to cement this new supply channel, businesses can overlook the importance of setting ground rules when it [...]

2021-03-10T00:51:11+00:00March 10th, 2021|Business Advice, Contracts, Corporate Advisory, Intellectual Property|Comments Off on Mind your business (IP): The importance of guarding your intellectual property in supply relationships

Upcoming changes to unfair contract term legislation

Unfair contracts legislation came into effect around November 2016 targeting standard form contracts of large businesses that were unfair to and taking advantage of the consumer.  Since its introduction there have been a few amendments, the biggest being extending the definition of consumer to include small businesses. 2021 is bringing further amendments which are quite [...]

2021-02-11T00:12:37+00:00February 11th, 2021|Business Advice, Contracts, Corporate Advisory|Comments Off on Upcoming changes to unfair contract term legislation
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