ByLawyers News and Updates

New Business & Franchise publication for Western Australia

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CaptureBy Lawyers is pleased to announce a new publication: Business & Franchise for Western Australia.

The guide and precedents include everything that is needed to successfully execute the sale or purchase of a business in Western Australia.

The By Lawyers Uniform Contract for the Sale of Business is also included in this guide. The uniform contract has been designed to take both parties through the transaction and covers everything from warranties by seller shareholders, guarantees by buyer shareholders, the completion deliverables to effectively release PPSR security interests, to the transfer of all of the business assets including copyright works, trade marks and supplier contracts.

The By Lawyers uniform contract also follows the ASIC requirements for the transfer of business names and allows the user to customise the competition restraints to ensure that they are enforceable and suited to their client’s circumstances.

The Commentary compares different business structures, sets out the tax consequences of sale price apportionment, explains the tax treatment of stock and business assets, long service leave and other employee entitlements and discusses many other issues that can arise in business conveyancing such as the role of the premises landlord and franchising.

A subscription to this publication is $89 plus GST per month for a minimum of three months.

To learn more, please visit our website.

The cheque is in the mail – but was it express, priority or regular?

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With the recent changes to mail delivery speeds practitioners should consider just how quickly they want mail recipients to receive documents.

snail-mail-vs-email

From 4th January Australia Post introduced the choice of three different delivery speeds when sending a letter:

1. Express post – which is next business day guaranteed;
Special envelope and mailed in the yellow post box or in the post office itself.

2. Priority post – one to four business days – depending on the delivery destination;
Regular envelope, regular stamp now $1, and a priority label 50c, mailed in the red post box or in the post office itself.

3. Regular post – up to two business days longer than priority post, which means delivery could take up to six business days.
Regular envelope, regular stamp mailed in the red post box or in the post office itself.

Makes email and electronic exchanges look good!

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