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ACCC eviscerates standard equipment finance contracts: key terms declared unenforceable

Australia - September 8 2022 In August 2022 the Federal Court gave judgment in the unfair contract terms (“UCT”) case launched by the Australian Competition and Consumer…

Uncertainty of contract - the ‘safe harbour’ and corporate insolvency amendments

Australia - May 30 2018 Over a nine month period to July 2018, amendments to the Corporations Act come into force which significantly limit the ability of corporate parties…

What happens if a company’s sole director/shareholder dies?

Australia, United Kingdom - May 17 2018 SME business people such as finance brokers usually relish the freedom from legal formality afforded by the sole director/shareholder company model…

Non-disclosure agreements: Are they worth the paper they're written on?

Australia - May 16 2018 In recent weeks there’s been much controversy over whether Donald Trump can enforce a Non-Disclosure Agreement (“NDA”) concerning an alleged…

Unfair terms in small business loan contracts - what does ASIC say?

Australia - March 27 2018 In March 2018 ASIC released one of its periodic ‘Reports’ on how it considers various laws and regulations should work. Report No. 595 comprises a…