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The financial risk in giving personal guarantees in leases

The Financial Risk in Giving Personal Guarantees in Leases

If you are a director of a company entering a commercial or retail lease, a landlord will likely require you to give a personal guarantee for the company’s obligations under the lease. In such cases, directors should fully comprehend the extent of the guarantee they are providing and obtain appropriate legal advice to minimise financial… Read More

review your shareholders agreement regularly

Review your Shareholder’s Agreement Regularly

What is a Shareholder’s Agreement? A shareholder’s agreement is essentially a corporate pre-nuptial agreement. It sets out the rights and obligations of shareholders or members in their ownership of a company. It is not compulsory but it is prudent to have one before you start a company with another person, in order to avoid disputes… Read More

illegal interview questions employees

Illegal interview questions you can’t ask a prospective employee

An employer’s potential liability for workplace discrimination arises before the first interview and exists whether or not a decision is made to hire a person. A job interview is integral to the recruitment process and provides an opportunity for the employer to ask questions, check credentials and determine a prospective employee’s suitability for a position…. Read More

privacy laws in Australia

Does Your Privacy Policy Comply With Privacy Laws?

Privacy laws in Australia are governed by the Privacy Act 1988 (Cth) (the ‘Act’) and the Australian Privacy Principles. The principles were introduced in 2014 to bring Australia’s privacy laws (first introduced in 2001) in line with advancing technology trends and to provide more transparency around the capture and use of personal information. They make… Read More

Demystifying Company Title

Demystifying Company Title

Strata title is a recent phenomenon, created with the introduction of legislation in 1961. Strata title now covers nearly all apartment blocks and unit properties. Prior to 1961, there was no strata title, and all these types of property were covered by company title. This is less common today and most units have converted to… Read More