Category: Commercial Law

How To Avoid Breaching Unfair Contract Terms Legislation

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If you own or manage a business that uses commercial contracts as part of its operations, then we hope that before implementing those contracts, you sought the advice of commercial lawyers.

If you did not, then there is the possibility that because the contracts were not checked by a legal expert that they could include unfair terms.

Unfair contract terms are those terms and clauses within a contract that could be deemed to be unfair at best, potentially void, and almost undoubtedly unenforceable if you were to refer to or rely on them should any legal dispute arise between your business and a customer or client.

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Why You Need A Commercial Lawyer If You Are Selling A Business

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If you are selling a business the complexities of transaction and the legalities that have to be observed means that it almost certainly going to be essential that you have experts to advise on the sale to ensure it completes correctly.

The last thing you need is to try and save the cost of a lawyer only to find out you are even more out of pocket because the sale was not conducted properly and falls through.

A commercial lawyer is the person who will handle what some refer to as ‘dotting the ‘i’s and crossing the ‘t’s’ although that unfairly underplays the importance of the role that they have. In effect, they will ensure that everything within the sale agreement is complete, accurate, and most importantly valid in terms of the sale proceeding.

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Are My Personal Assets Separate From My Business?

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Starting a new business can be an exciting time, especially if you’re finally doing something that you’ve dreamed of your whole life. However, there are also risks associated with building a business from scratch. Things can go wrong, your business can fail, and you might be liable for a whole range of costs that you hadn’t accounted for.

One of the biggest mistakes that people make when starting a new business is not separating their personal assets from their business.

This means that if your business fails, your personal assets will be at risk. It’s always a good idea to speak to an experienced commercial lawyer like www.daviescolawyers.com.au to make sure that you’re using the best business structure for your circumstances, otherwise you could end up with all sorts of unforeseen problems.

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Are your Assets at Risk?

Posted on by Legal Crossroad

Before starting a business or even as you operate it, it’s important to weigh the pros and cons of every decision carefully. It’s a good idea to consult trained commercial lawyers to understand the potential implications of every important decision.

If you are just starting out, you have probably thought of a suitable name for your business. However, there are some important issues involved in the selection of a business name:

• Before you order business cards and signs etc, it’s necessary to consider legal issues involved. You need to ensure that the name or logo etc has not already been registered; such cases are known as copyright or trademark infringement. Your chosen business name may infringe on another business’s registered trademark and this counts as violation of law.

• If your business involves creative design, media etc, you may wish to protect your intellectual property rights. You need to ensure that your idea, brand or invention is available legally in order to register.

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Silence Is Golden – Tips and Essentials of Confidentiality and Non-Disclosure Agreements

Posted on by Legal Crossroad

According to experienced commercial lawyers Rowe Bristol Lawyers, with the modern day era of the internet, ever-increasing data size, and light-night fast communication across a broad array of platforms, confidential information can be taken and then distributed widely in the blink of an eye.

Company secrets, so-called “crown jewel” data is a mouse click away from becoming disseminated across the globe.

So, it is important that confidentiality and Non-Disclosure agreements are in place at all appropriate levels in a company.

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Licensing Agreements – Tips and Tricks

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If you were to consult experienced commercial lawyers, they would tell you that it is important in drafting commercial licensing agreements to understand the world you’re dealing with.

Become an expert contract drafter doesn’t mean you’re an expert in your client’s world.  Get to know their industry, technology, and concerns.

Gathering as much information as possible ensure better contracts and agreements.

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