Recent changes to unfair contract terms laws in Australia will materially change the way that you prepare, negotiate and enforce standard form contract terms. For an overview of the recently announced changes, click here. Let’s get into what the changes will practically mean for you. The current state of play Currently, under the Australian Consumer …
Continue reading “What do the changes to unfair contract terms mean for SaaS businesses?”
Last modified on November 22nd, 2022 at 8:50 am
Big changes are coming to the laws governing unfair contract terms in Australia. The Treasury Laws Amendment (More Competition, Better Prices) Bill 2022 (Cth) (the UCT Reform Bill), intended to amend unfair contract terms laws, has been passed and will come into effect 12 months after Royal Assent (which is expected imminently). So what are the changes? 1. Expansion …
Continue reading “New unfair contract terms laws will flip the script!”
Last modified on November 21st, 2022 at 5:01 pm
Indemnity clauses are commonly misunderstood by parties to commercial agreements, with potentially very costly implications. It pays to understand how indemnity clauses operate and what they are seeking to achieve so that you can harness their awesome power to your advantage while ensuring that you navigate the potential pitfalls. So what is an indemnity? An …
Continue reading “Identify the subtext: Understanding indemnity clauses in commercial agreements”
