Shareholders Agreements have a multitude of uses: decoration for the bottom drawer of the filing cabinet, use as scribble paper on the unprinted side, computer screen riser wedged in between two reams of copy paper… oh and regulating the affairs and interactions as between shareholders and management of a company. Unfortunately, the last use is [...]
On 9 July 2020, the Treasury Laws Amendment (Acquisition as Consumer—Financial Thresholds) Regulations 2020 were approved, meaning that from 1 July 2021 the current consumer price threshold of $40,000 under the Australian Consumer Law (ACL) will be increased to $100,000. The result of this change is that many businesses whose goods and services were previously [...]
Unless your mate is a lawyer, then no, probably not. I’d probably give that cheap TV he’s offering (the no-name brand with the “Sony guts”) a wide berth as well. A privacy policy should be adapted to your business and set out how your business in particular deals with personal information. A generic or “borrowed” [...]
Are you doing business with suppliers outside of Australia? Does your agreement cover a “dispute resolution” clause, that’s to say how any dispute between the parties should be dealt with if one arises? Why does this even matter? Well, if you have to sue if there is a relationship break down, then you may be [...]
