4 Tips to Protect Your Business From Being Sued
4 Tips to Protect Your Business From Being Sued in Australia

Reading Time: 3 minutesGetting sued might be something that you think will never happen to you. Maybe you’re right. But what if it did? Are you doing all the right things to protect everything you’ve worked for? Small businesses can often be a target for being sued because people assume that they’ll settle rather than go through a […]

What If Your Business Partner Died Tonight?
Australia: What If Your Business Partner Died Tonight?

Reading Time: 2 minutesIt’s something most people never think about. And fair enough, it’s not a pleasant thing to ponder. But the reality is that if you’re in business with other people it’s wise to put in place a Buy / Sell Agreement. Buy / Sell Agreements require the ‘surviving’ partner or partners to buy out the other […]

Wake up call for Contract Service Providers in Australia

Reading Time: 2 minutesWhat’s it all about? In an important decision by the Federal Court, the long standing exception to redundancy entitlements based on the “ordinary and customary turnover of labour” has come under the spotlight and will no doubt be the new benchmark relied upon by employee organisations to demand redundancy when service contracts aren’t renewed and where a […]

different_share_classes_asia_law_network
Different Share Classes Explained

Reading Time: 9 minutesEver wonder what the different share classes are? Shares represent the interest of a shareholder in a company and involve a bundle of rights and obligations between the shareholder and the company. Shares are an important source of financing for companies as shareholders are obligated to pay the amount payable for the share into the […]

Why you need a privacy policy now_Asia Law Network
Why you need a Privacy Policy now in Australia

Reading Time: 3 minutesEvery business that turns over more than $3 million is regulated by the Privacy Act 1988 (Cth).  The Act and the Australian Privacy Principles set out rules for how you collect, use and store personal information. A business lawyer can reduce your risk of a breach. The Principles require most businesses to consider the privacy of personal information, […]

Employer’s OH&S Duties To Employees Who Work From Home
Employer’s OH&S Duties To Employees Who Work From Home in Australia

Reading Time: 4 minutesThis article deals with the following questions: When does an employer owe a duty with respect to occupational health and safety to employees who work from home? What are those duties under the OHS Act 2004? What can or should an employer do to fulfil any obligation owed to employees who work from home? Do […]

what you need to know about selling your business_Asia Law Network
Selling your Business in Australia?

Reading Time: 3 minutesMost business owners hope to sell their businesses one day. Knowing the basics of business sales will help you maximise the sale price of your business when the day comes. Selling a business will usually involve a sale of shares or a sale of assets. This article explains the pros and cons of both of […]

The Importance of Documenting Your Decisions
Why Document your Business Decisions in Australia?

Reading Time: 4 minutesSo, you’ve been brave and made the decision to start a business. Now what? The next step is to ensure that you have the right documentation in place to comply with the law and to set the framework for your business operations. Your Business Framework Companies generally require a constitution to be registered. The constitution […]

authorised v paid up capital_asia law network
What is the difference between paid up and authorised capital?

Reading Time: 5 minutesIn 2006, Singapore abolished the concept of authorised capital. This streamlined and simplified the evaluation process for investors to evaluate companies. The distinction between authorised and issued share capital can at times be misleading. However, the removal of the concept of authorised capital has made it much easier for companies to distinguish between the two […]

Who Owns the Business Name? A Lesson for Business
Who Owns the Business Name? A Lesson for Businesses in Australia

Reading Time: 2 minutesThe Paragon Cafe The art deco doors of the Paragon café remained open throughout two world wars, three transfers of business and multiple financial crises. Now, despite purchase offers in multiples of the owner’s asking price, the business’s 102 years of operation is set for a tragic end. What/who could be responsible for the death […]

cross border email scams_asia law network
Cross Border Email Scams: A Rising Trend

Reading Time: 6 minutesAround the world there have been numerous cases of cross border email scams where individuals or companies received scammed or spoofed emails that pretend to be from C-suite or senior staff of the company or business partners to wire transfer funds to bank accounts in Asia, a lot of times coming to or going through […]