essential term

Terminating a Contract for Breach

Fundamental breach entitles the innocent party to rescind the contract and sue for damages for loss of the bargain.

What is a Change of Control
Where a party to a contract is an incorporated company, any restriction on the assignment of the contract may be circumvented by transferring the shares in that party
Leasing Types and Legislation
A lease is the grant of an exclusive right to the use and occupation of land or part thereof, or of a building of part thereof. A lease
Restraints of Trade and Non-Compete Clauses
The Australian Government is soliciting feedback on worker non-compete clauses. This follows a U.S. policy banning non-compete clauses. In Australia such clauses are currently considered contrary to public policy unless reasonable.
Notarisation and Certified Copies
Requests generally ask for a “certified copy”, or less commonly a “notarised copy”. What does that mean?
Negotiable Instruments
A negotiable instrument is a signed document guaranteeing payment to a specific party. Additionally, debentures are regulated as securities under the Corporations Act.