Commercial agreements

COMMERCIAL AGREEMENTS

Ramsden Lawyers’ Gold Coast commercial lawyers are ready to provide their expertise and advisory services to business clients ranging from local start-ups to national corporations. We are experienced in providing guidance to businesses on all interactions with clients and suppliers and tailor commercial agreements to your unique circumstances and industry.

MANAGING THE DETAILS ON YOUR BEHALF

When drafting commercial agreements, there are a number of essential clauses that must be included regardless of the nature of the transaction. The basic clauses that a commercial agreement should contain include the following.

Outlining the nature of the goods or services to be provided from one party to another;

Detailing the amount due for payment and how payment will be provided (i.e. lump sum or instalments);

Length of the agreement (i.e. one-off transaction or ongoing relationship);

Explain in detail the rights and obligations of all parties to the agreement; and

Set out the grounds for termination and whether dispute resolution will be specified.

Commercial agreements are vital to the overall success of a business – by addressing many of the common points of disagreement at the outset, the protracted length and costs of litigation can be avoided.

EXPERTS IN ALL FORMS OF AGREEMENTS

We have experience acting commercial entities large and small and can assist businesses to draft clauses that protect their interests, or imply terms where they are not expressly stated by reference to equitable principles, commerciality or context. Our commercial agreements expertise spans across the following:

  • Business purchases and sales
  • deeds and agreements
  • employment contracts
  • formation agreements (such as partnerships and trusts)
  • share sales and business sales
  • loan agreements
  • confidentiality agreements
  • heads of agreements
  • partnership deeds of dissolutions and retirements
  • transfers of plant and equipment
  • corporate liquidations.

PROVIDING CERTAINTY TO A WIDE VARIETY OF CLIENTS

Our Gold Coast commercial lawyers have in the past provided commercial agreements for a range of clients from companies looking to achieve a successful float on the ASX to multinational corporations. Our approach to dealing with clients is collegial and we seek to establish an ongoing strategic partnership with the businesses that seek out our services. Part of our commitments to you include drafting in plain English and providing a services that is equal parts supportive and transparent.

Our experience extends beyond the everyday agreements and transactions that underpin any business enterprise by also venturing into complex and novel transactions where a higher degree of innovation is possible.

Ramsden Lawyers is proud to offer the expertise of our business lawyers to start-ups and entrepreneurs on the Gold Coast and while we can offer complex advice when necessary we always retain the mindset that the most direct solution is often the most elegant and effective.

RECOGNISING THE UNIQUE QUALITIES OF YOUR BUSINESS

Our business lawyers advocate for a commercialised approach to legal services, opting to offer legal advice in the broader context of your personal circumstances in injury. For example, it may be the case that what would prove an effective solution from a legal standpoint is not at all effective when outside factors such as the need to retain ongoing relationships with suppliers is necessary or when a particular industry is facing a downturn or increased competition.

Our clients can feel comfortable relying on our instructions on how they can best achieve their intended objectives through commercial agreements. Our comprehensive portfolio includes agreements from the energy sector, agribusiness, childcare, veterinary clinics, the automotive industry, dentistry, technology and construction.

ASSESSING LEGAL RISK AND VOLATILITY

The expertise of our commercial lawyers is especially useful when it comes to assessing the impact of various terms being proposed as part of contract negotiations, and can offer alternatives that best protect their interests. We have expert due diligence capabilities and capacity and combine our legal knowledge with leading-edge technology to bring effective legal solutions into our clients everyday reality.

We also take the time to explain how the agreements you enter into or are already party to impact your obligations as a business. For example, use of employment agreements triggers obligations under the Fair Work Act, as well as PAYG tax deductions and superannuation deductions.

OUR AREAS OF EXPERTISE INCLUDE:

Employment agreements, Franchising agreements, Partnership agreements, Joint venture agreements, Business sales, Loan agreements, Dissolutions and retirements, Asset sales, Liquidations banking and finance transactions.

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