The Supreme Court of Queensland recently resolved a dispute between Townsville Pharmacy and V Quattro over the interpretation of a contract granting an option to purchase a business. The case examined the minds of a ‘reasonable business-person’ and whether the contract was enforceable. It highlights the importance of a clear and unambiguous contract, and the need for legal advice to ensure contracts are legally binding and enforceable.

Is your business using standard documents to contract with customers and suppliers? If you answered yes, then you need to know about changes to Australia's Unfair Contract Terms (UCT).

Deciding whether to buy an established business or buy a company that owns an existing business can be a complex choice to make. In this article, we offer an analysis of the benefits and risks of each option, and a practical guide to help you navigate this important decision with clarity.

Starting a small business is an exciting time, but it can also be overwhelming, especially when you’re dealing with different legal requirements. From employment contracts to insurance policies, there are several matters that can impact how you can operate efficiently and protect your business from potential legal issues

Selling or buying a business can be a thrilling experience, but it also involves many legal considerations. One of the most crucial aspects is dealing with the commercial lease agreement.

Laurel Star Pty Ltd v Babcock & Ors concerned the sale of a rent roll in real estate. Babstock sold a letting business and appointments by property owners to Laurel Star. This case highlights the importance of interpreting commercial contracts and careful consideration of appointment and assignment clauses.

Not seeking legal advice when entering into Commercial and Retail Leases can potentially give rise to disputes, when either party is not fully aware of their rights and obligations under the lease terms.

If you're a business looking for the perfect space to run your retail shop, or perhaps a property owner keen to generate income by leasing your space to a retailer, then you'll need to enter into a retail lease. The legislation that deals with retail leases varies from state to state, so it's important to get the right information before signing any contract.

You've got an idea for a new Business. That's great! Whether you are opening a quirky cafe, planning to make your mark as a fine arts retailer, or bring joy to others with a fresh and vibrant flower …