Allen Legal News – March 2018
It’s been a busy and exciting start to 2018 for all of us here at Allen Legal. We have undertaken and completed an increasing number of commercial transactions on behalf of our clients (one of which you can read about in our Client News section for this...
Be sure you know who are you contracting with
The recent case of Bindaree Beef v Chinatex provides a useful lesson in the consequences of (i) contracts that prove to have an unfair operation for one party (ii) not knowing who the real counter-party to your contract is and (iii) what can go wrong even with a well...
Are Shareholder Agreement Discount Clauses Enforceable?
Parties to a contract are often interested in ensuring that the other party will perform their side of the bargain. Often, parties will attempt to do this by attaching severe consequences to the failure to perform. However, there is a real danger that, if improperly...
BioConnected takes on the world
This month we are delighted to feature long standing Allen Legal clients, BioConnected, the Australian fitness technology start up that is providing science-backed alternative to FitBit and the Apple Watch. BioConnected have developed a new range bluetooth earphones...
Allen Legal – December News
To bring a dynamic year to an end, we have some very exciting news to announce: Allen Legal is moving to the City! In keeping with our aim to be the go-to legal practice for the business startup and investor community, we will be moving into the new Sydney Startup...
A Timely Reminder to Review Your T&Cs with Small Business
The Australian Consumer Law (ACL) prohibits unfair contract terms being included in certain standard form contracts. A standard form contract is a contract prepared by one party where the other party has little or no opportunity to negotiate the terms. Standard form...
Allen Legal – October News
There have been a few changes at Allen Legal over the past few months. In July, Ashley Cheng joined our team. Ashley has spent his career to date as an academic, most recently teaching economics at UNSW and joins us as a Graduate at Law, looking to be admitted as a...
What did you agree to?
Shareholders in small businesses often make arrangements between themselves about how the business is to be run. These arrangements should be documented in writing because of the difficulty in working out the sum total of a series of oral agreements which shareholders...