As published in CK Momentum Issue 2 (Click here to download) Prior to the GFC, there were plenty of options available for raising capital to get development projects off the ground, with the onset of the GFC, most players in this space retreated back overseas, went...
Where There’s a Will, There’s a Way (of Avoiding Estate Disputes)
As published in CK Momentum Issue 2 (Click here to download) For most of us, the idea of our family members having a dispute over their entitlements under our Will is distressing. Litigation & Insolvency Partner, Sarah Davies, looks at some of the steps you can...
CK Momentum Issue 2
JUNE 2014 In this edition, we look at some important issues for those involved with the development, sale and purchase of property and those involved in building and construction contracts. We also have an update about employment law issues for business owners and...
Signing Contracts: When the Formalities Can’t Be Followed
In the March edition of CK Momentum, we looked at the formalities of signing contracts. However, in some commercial dealings following the formal rules of, for example, having two directors sign a document or asking for a copy of a board resolution to verify a...
Property Occupations Act 2014 Replacing PAMDA
As published in CK Momentum Issue 3 (Click here to download) The development and real estate industries have welcomed the passing of the Property Occupations Act 2014 (the Act) by Parliament with amendment on 7 May 2014. The Act will regulate property occupations and...
Risk Allocation Tools: Indemnities
WHAT IS AN INDEMNITY? In its simplest form an indemnity is an agreement between two parties in which one party agrees to cover loss and damage suffered by another. As such indemnities are a very effective tool to allocate risk between transacting parties. The risk we...
Changes to the Building and Construction Industry Security of Payment Act: What Does it Mean for You?
On 21 April 2014, the Building and Construction Industry Security of Payment Act 2013 (NSW) (Amendment Act) commenced. Late last year NSW parliament assented to the Amendment Act as a result of an inquiry into insolvency in the construction industry. The reforms were...
Australia-Taiwan Business Council
As published in CK Momentum Issue 2 (Click here to download) In April 2014, Managing Partner John Toigo hosted a boardroom lunch on behalf of the Australia Taiwan Business Council (ATBC) for Brisbane’s Lord Mayor, Graham Quirk, Taiwan business leaders and members of...
Sign on the Dotted Line – Formalities of Signing Contracts
Business owners often ask us about the technical requirements for signing and dating contracts. Litigation & Insolvency Partner Sarah Davies, points out a number of matters you should keep in mind: A company can sign documents by having them signed by two...
Australian Agricultural Competiveness
The Federal Government has announced a taskforce to prepare a White Paper on competitiveness in the Australian agricultural industry. Corporate & Commercial Lawyer Ben Walker gives an overview of the paper, that will seek to outline potential policies and...
Residential Property Finance Clauses
Property agents and developers would be aware the standard REIQ Contract contains a finance clause which makes the contract conditional upon the buyer obtaining finance. This is for the mutual protection of the parties, in that either party may elect to terminate the...
Home Sweet Manufactured Home
As published in CK Momentum Issue 1 (Click here to download) When we think of property development, we usually think of flat land subdivisions and unit or townhouse community titles schemes. However, Property & Projects Partner, Dick Burr, shares some insights...