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If you are thinking of starting a business, you will need to consider the different business structures available to you and work out which structure will best suit your needs. In Australia, businesses are commonly structured as sole traders, companies, partnerships, discretionary trusts and unit trusts. It is important to...

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If a company becomes insolvent, it will need to go into administration. Voluntary administration occurs when the directors of a company decide to appoint an administrator to take control of the company. A qualified insolvency practitioner will be appointed to ‘take over’ the company in an effort to investigate it...

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We often find that when businesses and individuals are signing contracts that it is a busy time in the business or individuals’ lives. There is often a lot going on and a lot of excitement about the endeavour about to be entered into. It is often, therefore, a temptation...

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A shareholders’ agreement is a contract signed by the shareholders of a company, which regulates their obligations and rights, as well as what should happen if certain situations arise. Unlike a company constitution, (which is automatically binding on all members) a shareholders’ agreement is only binding on the shareholders who...

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One of the most satisfying tasks we perform at Lynn and Brown Lawyers is to work with our clients to either purchase or sell a business. We all know how stressful it is buying or selling a property and hoping to achieve a successful outcome. These stresses are no different...

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