It has long been a debated topic whether or not estate agents are legally permitted to draft special conditions for a contract of sale. This is a matter that should not be taken lightly, particularly given that the maximum penalty for contravening the law is two years imprisonment.
A recent case places managing agents on notice that Victorian courts will be mindful to impose a heavier burden on agents who complete condition reports on rented premises.
Click here to find out what the latest outcome is in the Arnotts vs Krispy Kreme case.
We are pleased to have assisted our client Kaspersky Lab with the negotiation of their sponsorship of the Melbourne Football Club. Our negotiating team was lead by Michael Carr, Partner and Darren Sommers, Special Counsel, both of our Corporate Advisory Team.