Restraint of Trade clauses, when attached to a business sale/purchase, are intended to prevent the seller competing with the business they have just sold.
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Did you know that contract terms which are unfair may be voided or even removed from a contract?
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New business models such as Uber Eats bring with them new questions. Follow this Fair Work Commission case with Siobhan Liston as she monitors the question of whether or not Uber Eats’ drivers are employees or contractors.
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We are now seeing contracts that can’t be completed due to Covid-19 shutdown or staff illness. If this is affecting you, what are your options?
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Contracts for the sale of a business can be subject to any number of conditions being set. Signing is just the beginning.
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The circumstances in which a restrictive covenant can be removed are limited.
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Purchasers need to be aware of any restrictive covenants that may affect the plans for their new property.
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Changes to a commercial lease, when done via a deed, have greater enforceability than a normal agreement between two parties.
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Residential contracts of sale include a 3 day cooling off period. It's important to understand what this means and the timeline involved.
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Nobody likes surprises and when the emotions of a property sale are running high unexpected conditions to the contract of sale can cause unwanted friction. Be up-front with the conditions and everything will be smoother.
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