If you are looking to engage a contractor to carry out construction, fit-out or repair and maintenance works, there are several key provisions that you need to be aware of as an in-house counsel. Vitally, you need to address cost…
As a lawyer in an in-house team, it is common that stakeholders within your business might comment on how difficult it is to understand their contract. To make lengthy contracts more easily understandable, lawyers are beginning to: summarise the main…
A lot goes into drafting a commercial contract. This ranges from the various legal requirements of a contract to negotiating terms with the contracting party. Whilst drafting a contract can be a daunting task, it can be made a lot…
Draft or incomplete contracts can, in certain situations, be binding and enforceable documents. However, the court will also consider the facts and circumstances of your case, including how each of the parties conducted themselves. Therefore, it is crucial to seek…
As a GC within an in-house team, it is crucial that your lawyers are provided with the tools to draft contracts in a way which promotes collaboration between the business and the other party. In most instances, however, contracts look…
In early 2021, the government published a draft of legislative changes relating to unfair contract terms. Although the commencement of these changes has not been published, small businesses are reviewing their current contracts to determine whether there are potential issues,…
Good legal drafting comes not just from an understanding of the law, but also from an ability to clearly and precisely articulate each party’s rights and obligations in a written contract. If you are a business owner, all of your…
This is Chapter 6 of Your Complete Guide to Selling Your Business. Check out our Introduction to the Guide go back to the beginning. The Sale Contract Preparing the Contract After you and the buyer have negotiated and agreed on…
If you want to engage a contractor to carry out construction, fit-out or repair and maintenance works, there are several key provisions that you need to consider. Importantly, you should address the time that a construction project will take. Such…
Also known as an ‘Act of God’ clause, a Force Majeure clause is widely known, yet narrowly understood. In general, an event that triggers a Force Majeure is an event that is beyond the control of either party that prevents…
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