We met a new client yesterday who is looking to allow some of his employees to buy into his company. We discussed different ways and means – selling his shares or allotting new shares in the company, with him getting...
We are now ready to release our New Building Contract Management Kit for builders, consisting of: a contract for residential buildings a contract for commercial buildings a variation agreement a various notices in relation to: Practical completion Delay and extension...
We put together an interesting suite of documents this week: A lease of a large commercial property from one company which owns the property; A licence to run a business from another company that is currently running a business from...
It has been a week for option agreements this week.
We amended one that gives a couple of potential investors the option to invest multiples of $50,000 up to $600,000 in a technology company
This week we received a call from a friend of a client with an employment issue. He was recruited, signed a contract and shown his office and the company car.
We spoke to a client about a copyright matter this week. They had had a company prepare some plans for them based off an initial sketch, however no contract was signed and they did not like the design, so they got the plans drawn up by someone else.
We have been working on a shareholder agreement with some slightly complicated succession clauses. In summary: (a) the company pays for insurance for the key persons associated with each of the shareholder companies; (b) in the event of death or...
We are helping a lady negotiate the purchase of 2 financial planning businesses at the moment. We’ve done a few of these over the years, so we were able to put these together reasonably quickly. One lady was a procrastinating...
We are working on a set of documents for a proposed development: A trust deed making it clear that the trustees are purchasing the land on trust for the beneficiaries, one of whom will own one strata unit and the...
On 15 June 2011, the Court of Appeal of the WA Supreme Court in Dodds -v- Kennedy [No 2] [2011] WASCA 131 made some rulings in relation to the clause 1 of the Standard REIWA/Law Society Contract for Sale of...