Company law: What are directors’ duties?
Running a company can be tricky and it is important to be legally compliant. Company directors have specific duties under the law and can face significant penalties if they do not comply. This article...
Company Law: What is an ESOP?
In a COVID-normal era, employees are seeking greater flexibility and benefits from their workplace. Implementing an Employee Share Option Plan (ESOP) can be an effective way to keep employees engaged...
What do I need to tell ASIC when issuing shares in my company?
Issuing shares in your company can be an effective way to grow your business and raise capital. However, businesses must ensure they report share issues to the Australian Securities and Investments Co...
7 questions to consider when creating your shareholders agreement
Are you thinking about starting a new business? Are you looking to raise capital by issuing shares? Are you hoping to safeguard the succession of your business? Then you should be thinking about your...
What are the common pitfalls in your shareholders agreement?
A shareholder’s agreement is a useful tool that you can implement at the early stages of your business development that can provide protection and guidance in tricky situations. A shareholder’s agreem...
Michael Kors acquires Versace
Every now and then it’s great to spoil yourself with that luxury product that you have had your eye on, and surprisingly many well-loved high-end brands are owned or being purchased by companies that...
Are you a company director? Know your obligations!
I often meet entrepreneurs that want to start up new businesses using a company structure, where they are appointed a director. When a business owner is advised to set up as a company structure...
Did you know the way you sign a contract matters?
One thing that often confuses people is the difference between execution clauses that look like this: EXECUTED by Company Pty Ltd in accordance with s 127 of the Corporations Act 2001 VS SIGNED for an...
5 common mistakes in signature clauses
Signing a document incorrectly can make it completely invalid. I have reviewed more contracts than I can count – including contracts prepared by businesses themselves in order to save on costs. In...