How Commercial Law helped Bob – [a case study]

Business Law Case Study presented by a commercial lawyer in QLD Australia

In this video, James Ballantyne explains a case study on how Ballantyne Law has assisted Bob a widget repairer with his business legal needs throughout the business life cycle from the time Bob decided to establish the business until he has grown it to the point that he is thinking of selling the company shares to successors.

Commercial Tenancies Code

The Prime Minister has announced that the National Cabinet has approved a new mandatory “Commercial Tenancies Code” to assist in dealing with the fallout from the coronavirus pandemic.
Each state is expected to amend legislation to implement the Code’s principles shortly.

Commercial Tenancies Code of Conduct

The recently announced mandatory Code of Conduct (Code) for commercial tenancy requires landlords and tenants to negotiate appropriate temporary leasing arrangements to achieve mutually satisfactory outcomes during the Coronavirus pandemic and a reasonable recovery period.

Retention of title clauses

Retention of title clauses (sometimes called Romalpa clauses after a leading British case) have long been an important part of contracts for the sale of goods, particularly when possession of the goods being sold is transferred before the purchase price is paid. Properly drafted retention of title clauses ensure ownership of the goods remains in the seller until the purchase price (or sometimes some other condition) is paid in full. Such clauses are critical to assist a seller recover goods if a buyer becomes insolvent.