What is Mediation?
Mediation is the process whereby a neutral third-party is appointed to help parties negotiate a solution to their dispute. This is regarded as the first step in the alternate disputeRead More
What is a Deed of Novation?
A contract is a legally binding agreement which dictates rights and obligations between parties. In some cases, a party might wish to transfer these rights and obligations to a thirdRead More
Offers of Compromise and Calderbank Offers
Offers of compromise are an important tool in litigation. Parties are often eager to resolve a matter before the trial as this can ensure a more beneficial outcome for bothRead More
How does a Master Builders Association HIC6 Contract work?
A HIC6 contract or home improvement contract is a contract prepared by the Master Builders Association. It is used to govern the relationship between homeowners and builders in relation toRead More
What is a Company Limited by Guarantee?
A company limited by guarantee refers to a form of incorporated business structure of a company. These are public companies where the members’ liabilities are limited. The term ‘limited byRead More
What is an Auspice Agreement?
‘Auspice’ means to provide support, sponsorship or guidance. Where an individual, unincorporated (or sometimes incorporated) group or association has the idea for a ‘one off’ project and partners with anRead More
What is meant by due diligence?
Due diligence is a comprehensive investigation of a business or asset in order to evaluate and verify its market value and commercial potential. Varying levels of due diligence are usefulRead More
