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Sale of Businesses in Australia

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This second edition of Sale of Businesses in Australia concentrates on the sale of small businesses trading as individuals or in partnership under the standard Sales of Business contracts promulgated by the various Law Societies and Real Estate Institutes. Several chapters also apply to the sale of businesses generally. Topics covered include: matters relating to the typical transaction: stock in trade, goodwill, plant and fixtures;additional matters such as intellectual property, business names, and the transfer of business leases;special contract provisions, including restraint of trade and employee provisions, and other special conditions commonly found in contracts;taxation implications of the sale;time stipulations;obligations on completion;disclosure obligations;remedies for commonly encountered types of breach by either party.The book serves as an ideal reference point for the busy legal practitioner involved in advising upon these transactions and has extensive references to the standard contracts in New South Wales, Victoria and Queensland.
Product Details

Table of Contents

Overview of Sale Transaction Professionals Involved in Business Due Diligence Pre Contractual Disclosure Subject Matter of Sale other than Lease of Real Property Intellectual Property Dealings with Business Premises Investigation by Purchaser of Title to Business Assets Taxation Restraint of Trade Employment Issues Special Conditions Chattel Securities Time Stipulations Completion Dispute Resolution Table of Cases / Table of Statutes / Index


The authors in this second edition address not only legal matters concerning a buyer, seller and legal practitioner but also legal issues applying to a variety of stakeholders in the sale process such as employees, accountants, agents and advisers...A practical reference for any commercial practitioner or for an astute purchaser seeking an overview of the legal aspects of buying a business. - Law Institute Journal of Victoria, April 2010

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