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How to Understand Legal Documents Describing the anatomy of legal documents is an inherently difficult task that is fraught with complexity and exceptions. What is true for some documents may be incorrect or inapplicable for others. The law that applies in various jurisdictions will also be a factor influencing diversity. My comments are … [Read more...]
Tips on Understanding Business Terms Here are a few tips that may help to demystify legal jargon and enable you to use business terminology more accurately. Joint Venture / Partnership / Alliance The terms joint venture and partnership have very serious legal implications. Unless you mean to use them in their true context, avoid the use of … [Read more...]
How to Understand a Legal Contract Boilerplate sections of a document are often highly underrated. They are the ‘lawyer’s stuff’ at the front of the document that often gets scant attention. That is unfortunate as when a problem arises, the answer is often found within these sections: Was the deal GST inclusive or exclusive? What about … [Read more...]
How to Write a Solid Business Contract It is standard practice to include a number of general provisions in any legal document. Given their common use and function they are often referred to as boilerplate clauses. It is common practice to place these more fundamental legal clauses at the back of the document while ‘interpretation’ … [Read more...]
No binding legal agreement can be formed without the presence of at least one drop of consideration. If a person makes a gratuitous promise it will not be binding unless something is exchanged or “buys” that promise. That extra element given to acquire an undertaking – either to do something or not to do something – is … [Read more...]
Director Guarantees are serious undertakings and it is important to understand the consequences that may result. You've probably come across a request for a Director Guarantee if you are a company director and the company has applied for a lease, loan or other finance. It is not unknown that a finance company or real estate agency will … [Read more...]
He has been a lawyer, company director, marketing director, company secretary and entrepreneur.
Mark's commercial experience extends way beyond the theoretical. He has helped launch a number of start-up businesses and his hands on experience was gained from negotiating and documenting deals for a wide variety of business initiatives.