Comments on: IT, Internet & Telco contracts – stay clear on what “will be” delivered and what “might be” delivered http://www.lawexperts.com.au/it-technology/it-internet-telco-contracts-stay-clear-on-what-will-be-delivered-and-what-might-be-dlivered/ Expert lawyers from Corney & Lind Lawyers blog about real legal questions Fri, 27 Jan 2012 06:57:14 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Andrew Lind http://www.lawexperts.com.au/it-technology/it-internet-telco-contracts-stay-clear-on-what-will-be-delivered-and-what-might-be-dlivered/comment-page-1/#comment-1555 Andrew Lind Wed, 15 Jul 2009 07:14:16 +0000 http://www.lawexperts.com.au/?p=179#comment-1555 Great question. The short answer is yes. The longer answer is going to mean that you will need to have a conference by phone or face to face with a lawyer from our office. e.g. <strong>Sole Trader</strong> – This individual is personally liable for all of the debts of the business <strong>Company</strong> – As the company is a separate legal person from its directors and shareholders some liabilities can stop with the company and the personal assets of the shareholders (and to lesser extent directors) protected. <strong>Trust </strong>– The degree of risk exposure depends on who is the trustee of that trust and the terms of the Trust Deed. If you would like a quote for a 30 minute telephone conference just let me know. Great question. The short answer is yes. The longer answer is going to mean that you will need to have a conference by phone or face to face with a lawyer from our office.

e.g.

Sole Trader – This individual is personally liable for all of the debts of the business

Company – As the company is a separate legal person from its directors and shareholders some liabilities can stop with the company and the personal assets of the shareholders (and to lesser extent directors) protected.

Trust – The degree of risk exposure depends on who is the trustee of that trust and the terms of the Trust Deed.

If you would like a quote for a 30 minute telephone conference just let me know.

]]> By: Trudy Rowsell http://www.lawexperts.com.au/it-technology/it-internet-telco-contracts-stay-clear-on-what-will-be-delivered-and-what-might-be-dlivered/comment-page-1/#comment-951 Trudy Rowsell Tue, 23 Jun 2009 12:17:34 +0000 http://www.lawexperts.com.au/?p=179#comment-951 If I wanted to buy a business and not sure of what structure sole trader, partnership, company or trust what do they mean to check out and evaluate the financial risk of each structure. Are there different financial risks for each structure? Thank you If I wanted to buy a business and not sure of what structure sole trader, partnership, company or trust what do they mean to check out and evaluate the financial risk of each structure. Are there different financial risks for each structure?

Thank you

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