Articles

Our articles are published by Sarah Stoddart. Sarah writes our articles on changes to legislation, relevant case law and other topics of interest to keep clients informed and up to date.

When to tell your staff you’ve sold

When to tell your staff you’ve sold

A sale of business results in all employees being terminated by the seller with effect from close of business on the day before the settlement date. All employees must be given prior notice of termination and either required to work out the notice period or paid in lieu of notice.
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What actually happens on settlement day?

What actually happens on settlement day?

Clients often ask us whether they are need to attend settlement and what actually happens on settlement day.  Below is a snapshot of how a settlement unfolds.   Location Irrespective of whether the settlement is the sale or purchase of a business or property, the...

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Recognising Service on Transfer of Business

Employees are one of the most important and valuable assets of any business. However, when the business is transferred to a new owner, it is common that not all employees are retained or, if retained, not retained on the same terms. If a decision is made to change the number of employees or any terms of employment, it is important that it is dealt with, and documented, correctly.
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Amendments To The Retail Shop Leases Act 1994 (Qld)

Amendments To The Retail Shop Leases Act 1994 (Qld)

On 25 November 2016, the amendments to the Retail Shop Leases Act 1994 (Qld) commenced. Given the extensive amount of amendments to the legislation, this alert focuses only on those amendments most likely to affect small business and retail landlords and tenants. Please contact us if you require information on amendments not referred to in this alert.
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Same Location, Different Size? Expansion and Contraction Applications Under Pharmacy Location Rules

The Pharmacy Location Rules are not only about relocations and new pharmacies. There are also requirements for applications to be lodged and approved where there is to be an expansion or contraction of a pharmacy premises. With the busiest season behind retailers for another year, pharmacy owners are considering changes to their businesses. Those changes may include changes to the pharmacy premises including possibly expanding or contracting the size of the existing pharmacy premises in which case, an application under the Pharmacy Location Rules is required.
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