agreement

Franchising Code changes in force

In November 2020, the Department of Industry, Science, Energy and Resources (Government) released its Exposure Draft proposing amendments to the Franchising Code of Conduct (Code).  The proposed amendments sought to implement the commitments the Government made in August 2020 in response to the Parliamentary Joint Committee’s March 2019 Fairness in Franchising Report which identified a range of regulatory matters to be addressed in the franchising sector.  Since the Exposure Draft’s release, multiple changes have come into force under the Code.  This article outlines these changes. [Read more…]

Tag along rights in shareholders’ agreements

“Tag along rights” are rights that are commonly included in shareholders’ agreements. As the name suggests, tag along rights effectively empower minority shareholders to “tag along” with a majority shareholders’ (Seller) sale of shares to a third party (Third Party).  [Read more…]

Changes to the Franchising Code of Conduct 2015

The Australian Competition and Consumer Commission (ACCC) regulate the relationship between franchisors and franchisees through a mandatory code authorised under section 51AE of the Competition and Consumer Act 2010 (Cth). [Read more…]

Agency agreements – what are they and how are they used?

We are often asked to draft agency agreements for clients who wish to appoint a third party to sell their goods or service.

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What do Shareholders’ Agreements protect against?

A Shareholders Agreement is a contract that attempts to regulate the rights and obligations of Shareholders or Members (used interchangeably) in the context of their ownership of securities in a Company. [Read more…]

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