Corporate and Commercial

Restraints of trade - not all roses in commercial dealings

Richard Suters 03/02/2022

Commercial documents frequently contain restraints of trade designed to protect a party’s commercial interests. In this article, Richard Suters, Principal of the Corporate and Commercial team discusses the validity of restraint of trade provisions and how to avoid your restraint being successfully challenged.

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Property and Planning

Preparing for the 2022 Land Tax Year

Paul Jayne 03/02/2022

Despite our Premier, Mr Dominic Perrottet, claiming that “when it comes to our economy and the biggest impediment on economic growth, the number one area for states is taxes”, it appears that land tax is here to stay. Property owners should be aware of how land tax provisions apply to their land holdings and how much it is going to cost them.

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Property and Planning

New Water Sharing Planned for the Hunter

Paul Jayne 03/02/2022

Following the Natural Resource Commission’s (NRC) 10 yearly review of NSW water sharing plans, the NRC has recommended that the Water Sharing Plan for the Hunter Unregulated and Alluvial Water Sources 2009 (NSW) be replaced.

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Corporate and Commercial

Changing hats – Directors’ duties and section 187 of the Corporations Act

Andrew Windybank 03/02/2022

This article discusses the limited circumstances in which a director can consider the interests of the broader corporate group and still satisfy their fiduciary duty to act in good faith in the best interests of the company. It also comments on the challenges this presents for directors in the context of an incorporated joint venture and the importance of understanding this risk to avoid personal liability.

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