Business Sales: The Big 3 Legal Issues
Issues covered include: Acquisition Documents, Tax, Transfer Duty, Franchise
Description
Do you know the ins and outs of the 3 big legal issues involved in the sale of a business? Explore each of these essential areas to make sure you give sound advice. Get across tax and transfer duties. Immerse yourself in the latest trends in M&A Acquisition documents. Learn the ins and outs of business sale transactions when a franchise is involved. In order to give your clients the most up to date and proactive advice you won’t want to miss this seminar.
Attend and earn 2.25 CPD points in Competency Area 4: Substantive Law
Chair: David Vilensky, Managing Director, Bowen Buchbinder Vilensky
2.00pm to 2.45pm: Acquisition Documents for Businesses of all Sizes
- Conditions precedent
- Financing support
- Warranties
- Limits on warranties
- Restraints on sellers
- Foreign Investment review board conditions
- Listed parties v unlisted parties
- Sellers are starting to require more certainty from buyers to commit to complete a proposed acquisition. An examination of how some sellers are approaching the types of clauses above to achieve that certainty will be discussed with some examples.
Checklists for Business Acquisitions
Examine the key issues that might be considered either by a seller or a buyer of a business prior to either offering a business for sale or alternatively making an offer for a business for sale. Several keys questions are identified so the seller and buyer may focus on the important issues in a sale.
Presented by Mark Leaker, Director, Leaker Partners
2.45pm to 3.30pm: Tax and Transfer Duty Issues in Business Sales
- Tax and transfer duty issues to consider when structuring business sale agreements and share sale agreements
- From the buyer’s perspective
- From the seller’s perspective
- Small business tax concessions
- Setting up a business for a tax effective sale in the future
Presented by Damian Quail, Principal, Williams + Hughes
3.30pm to 3.45pm: Afternoon Tea
3.45pm to 4.30pm: Franchises: Changes and Issues Impacting Business Sales
- Changes proposed by the Franchising Parliamentary Inquiry
- The process of buying and selling a franchise: key points and differences
- Franchise documents: key clauses and issues
- Common franchise sale disputes and how to avoid
Presented by Tamra Seaton, Director, MDS Legal PTY Limited; Best Lawyers 2019, Competition Law and Franchise Law
Venue
Mercure Perth
Level 1, 10 Irwin St
Perth 6000
WA
Australia