In preparing commercial contracts a clause will often be inserted (generally at the prompting of the drafting lawyer) to provide a procedure for dealing with disputes. Often, very little consideration is given to such clauses as parties to the contract are (quite understandably) more excited and focused on the project at hand and the best [...]
The new year is upon us and, as is the case with many business owners returning to the office, the perspective provided by some sunshine and time away prompts a fervour of enthusiasm for new projects or maybe some action on long-delayed but necessary house-keeping. Often the focus is on securing new talent and resources [...]
Data Protection continues to be a subject of sweeping legal reforms and public concern, both in Australia and internationally. Last month, the Australian Prudential Regulation Authority (APRA) followed suit when it finalised its new prudential standard designed to shore up information security across the finance industry. The new standard, CPS 234, will come into effect [...]
In the excitement of fielding potential buyers for their business, many business owners often neglect to take the requisite precautions to safeguard their important Intellectual Property (IP), goodwill and trade secrets. Blinded by the prospect of a windfall, many rush in and disclose the nature of their operations and key drivers of their profitability without [...]
