What is a share subscription agreement?
A share subscription agreement is a promise by a potential shareholder (AKA subscriber) to pay the company an agreed-upon sum in exchange for a particular amount of company shares. ItRead More
What kind of contract do I need for home building in NSW?
The construction of residential buildings is highly regulated in NSW. The type of contract you need for home building depends on the cost of the work to be completed. OverallRead More
How do class actions work?
A class action, also known as a ‘representative proceeding’, is a legal action brought by an individual or small group on behalf of a particular class of people who haveRead More
What are the basics in a construction contract?
If you’re wondering how to decipher a construction contract or what clauses you should look out for, this article breaks down some key construction contract elements that may trip youRead More
What needs to be in an IT service agreement?
Your service agreement is a contract with your customers that details the terms and conditions of your business. A comprehensive IT service agreement will outline your role and responsibilities whileRead More
What do liquidated damages clauses in construction contracts mean?
A liquidated damages clause provides pre-determined and fixed monetary compensation for a proven or admitted breach of contract. It is unnecessary to prove loss as a result of the breachRead More
Can a sole trader have employees?
Being a sole trader does not necessarily mean you have to operate your business alone. In short, yes – as a sole trader you are permitted to hire employees. AsRead More
What is a Master Service Agreement?
A master service agreement (MSA) is a contractual agreement between two or more parties. This contract is generally used to govern any future agreements or future transactions which is quiteRead More