Commercial Law

Verbal promise of “I’ll definitely pay you back the monies and even more” found legally binding: the Berghan decision

By NB Lawyers | November 3, 2017 |

The phrase “don’t expect to get your money back if you loan it to family or friends” is common but a misconception according to a significant decision handed down by the Queensland Supreme Court of Appeal on 13 October 2017. While verbal agreements for monies loaned to family

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Increased liability for Franchisors

By NB Lawyers | September 15, 2017 |

There is significant movement in the franchisee and franchisor space at the moment with franchisors being held increasingly accountable for the actions of franchisees and for failing to adhere to certain requirements under the Franchising Code of Conduct. In May of this year, the Australian Competition and Consumer Commission (ACCC) fired a warning shot at…

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Reminder: Small businesses are now protected against unfair contract terms

By NB Lawyers | April 3, 2017 |

In case you missed the announcement on the 12th of November 2016, the Unfair Contract Terms provisions of the Australian Consumer Law (ACL) were extended to cover small business. In effect,

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Could your employee’s redundancy be made legally redundant?

By NB Lawyers | February 9, 2017 |

With change becoming the new constant in business, owners and managers can face the difficult decision of making staff redundant to ensure their survival. But how do you make sure you do it in an ethical, strategic

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Difference between a shadow director and a director

By NB Lawyers | June 14, 2016 |

Clive Palmer claims to be Shadow Director as Opposed to Director, is there really a Difference? – why does it matter? Clive Palmer, the flamboyant Australian multi-million-dollar businessman and politician,

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