All Articles by Jayfer Joy
Difference between a Memorandum of Understanding, Memorandum of Agreement and Contract
The difference between a Memorandum of Understanding (MOU), a Memorandum of Agreement (MOA) and a contract is that only contracts legally bind parties to an agreement. Both memorandums can beRead More
What is a Director Identification Number and do I need one?
From November 2021, company directors will have to apply for a 15-digit identification number as part of the government’s Modernising Business Registers Program. What is the Directors Identification Number ARead More
Overview of the Changes to the Franchising Code of Conduct
Amendments to the Franchising Code of Conduct have now been finalised, and will take effect from 1 July 2021. They will continue, as other changes to the Code have inRead More
How does Arbitration Work?
Arbitration is process where parties present their disputes and arguments to an independent party called an ‘arbitrator’. The arbitrator will hand down an award which is final, binding and enforceable. Read More
What is Repudiation of Contract?
Repudiation of contract refers to instances where a party bound by a contract is unable or unwilling to perform their contractual obligations. An example of repudiation is where a contractorRead More
How Does D&O Insurance Work?
What is D&O Insurance? Directors and Officers Insurance covers a company’s executive from personal liability. Whilst a company is a separate legal entity that can be sued, there are instancesRead More
Legal Obligations With NFT Ownership
Non-Fungible-Token’s (NFT) are digital collectables representing items including art, videos, and even real estate. The data on the individual token is what makes the token unique and therefore non-fungible. ThisRead More
Insolvency Law Summary 2021
Since 1 January 2021 changes to the Insolvency laws have come into effect in order to protect the interests of small businesses. These changes come in the form of streamlinedRead More