2021 Commercial Tenancy Rent Relief Scheme

The 2021 Commercial Tenancy Rent Relief Scheme (the 2021 Scheme) has been reintroduced to help small to medium-sized businesses who were in an eligible lease as at 28 July 2021, have an annual turnover of less than $50 million, and have suffered a loss in turnover of more than 30% during the pandemic.  It is [...]

2021-09-21T02:52:50+00:00September 21st, 2021|Business Advice, Dispute Resolution, Property|Comments Off on 2021 Commercial Tenancy Rent Relief Scheme

Like buying a 1999 Saab convertible: The importance of understanding the commercial lease obligations when buying a bargain business

Like in other times of economic turmoil, bargain businesses are now increasingly on the market. However, just like buying an old car, sometimes the alluringly low upfront price of a business obscures the painful reality of extraordinary costs you’ll have to bear down the track. As commercial lawyers, we are often asked to assist to [...]

2020-09-13T22:37:52+00:00September 13th, 2020|Business Advice, Contracts, Corporate Advisory, Property|Comments Off on Like buying a 1999 Saab convertible: The importance of understanding the commercial lease obligations when buying a bargain business

Victorian Small Business Commission publishes COVID Tenancy Regulations Guidance & Mental Health Information Sheet

Following the introduction of the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020 (Vic), many tenants and landlords have been in the unfortunate position of trying to navigate an agreement on rental concessions against a backdrop of regulations which are, to some extent, lacking in clarity. Helpfully, the Small Business Commission (SBC) has [...]

2020-05-19T07:30:25+00:00May 19th, 2020|Business Advice, Corporate Advisory, Dispute Resolution, Property|Comments Off on Victorian Small Business Commission publishes COVID Tenancy Regulations Guidance & Mental Health Information Sheet

Reviewing Commercial Leases: Why just any legal egg-head won’t do

As commercial lawyers, we are asked to review a variety of commercial property leases on behalf of tenants and, just as often, asked to prepare them on behalf of landlords. A common initial question among many tenant clients is: do I really need you to review this first? Of course, you’d expect the lawyer’s answer [...]

2020-05-12T04:21:00+00:00February 16th, 2020|Business Advice, Contracts, Corporate Advisory, Dispute Resolution, Property|Comments Off on Reviewing Commercial Leases: Why just any legal egg-head won’t do
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