Common sense says that the first thing you should do after receiving a contract that you are being asked to sign, is to read it. You may be surprised to learn how infrequently this happens. This is especially so when the contracting parties have an established trading relationship.
Where a lease requires the tenant to obtain the landlord’s consent, the Property Law Act 2007 says that the landlord cannot ‘unreasonably’ withhold or delay that consent. Any considerations or obligations to consent set out in a lease must also be reasonable.
A new marriage or civil union will automatically invalidate a will unless the will was made in contemplation of that marriage or civil union.
In 2011 a local high school initiated an investigation into allegations of bullying. The apparent increasing prevalence of bullying is not isolated to schools but is also on the rise in workplaces globally. Employers should be aware that they may be liable for bullying that occurs in their workplace. For that reason, it is useful to know what constitutes bullying, so that steps can be taken to pre-empt potential incidents of bullying and manage conduct of concern appropriately.
So you have found a business that you are interested in buying. Before you enter into the sale and purchase agreement you should complete an initial appraisal of the business. You should try to identify the business’ major strengths and weaknesses so that you can address any concerns in the sale and purchase agreement and in setting the purchase price.
Often, when acting on the administration of deceased estates, I am asked “What exactly is “probate”?”
In this article we consider the options a landlord has when a tenant has breached its lease. We also consider the steps a landlord is required to take in order to cancel the lease.
A guarantee is a promise from you that you (the guarantor) will meet the obligations of another party should they default in any arrangement with a third party. They are commonly used by lenders and banks.
Family trusts are often marketed as a great way to protect family assets. Although trusts can be useful, they are not ‘get-out-of-jail-free’ cards, as Mr Lightbody discovered when his trust was considered by the Supreme Court in Regal Castings Ltd v Lightbody.