Shareholders’ Agreements – What are they and what are they for?

As the name suggests, a Shareholders' Agreement is an agreement between the shareholders of a company, which sets out the rules and processes that will apply to shareholders investing in and participating in the decision making of...

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Extension of temporary COVID-19 Corporations Act amendments

On 31 July 2020, the Treasurer, Josh Frydenberg, announced that the Morrison Government would extend certain features of the temporary Coronavirus response legislation for a further 6 months. Until 21 March 2021, company direct...

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Court orders variation of unfair contract terms – lessons when using unilateral variation clauses

A recent Federal Court decision could serve as a guide when incorporating unilateral variation clauses into standard-form contracts with small business and consumers. ASIC successfully obtained orders declaring void and varying "u...

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Company execution of documents in a COVID-19 world

The COVID-19 pandemic has resulted in a rapidly changing working environment, which has required companies to constantly pivot and adapt. In particular, signing paper documents in accordance with the law has become particularly ch...

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Avoiding trouble in tenders

Tendering is a process by which entities, commonly governments and private sector entities (Principal), procure goods and services competitively. Principals are usually familiar with the Request for Tender document (RFT), issued t...

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Starting Out on the Right Foot

Strategies for start-ups to enhance value and reduce risk So you've decided to start up a new business. You’ve: decided upon the vision, values and goals; assessed the competition and resources challenges; identif...

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