There are various Cairns law firms that specialise in commercial law. This involves various areas of law associated with business and commerce, including business law, company law, mergers and acquisitions, real estate, property law, insolvency law, corporate finance, restructuring, and banking. Commercial lawyers can provide legal advice and services to assist you with the range of issues and transactions that are involved in business.
General closing operation
Junior commercial lawyers can manage tasks to ensure that a closing is properly carried out. A “closing” refers to the day a deal is finalised and money exchanges hands upon signing of contracts. It is important for the lawyer to ensure that the contract reflects the entirety of the agreement between the parties, achieves the legal and business objectives of the client, and ensures that all documents are executed properly.
Due diligence can be seen as a fact-finding exercise that is undertaken as an aspect of commercial law to report information to the client so that it can make an informed decision about the deal or transaction. Due diligence can involve reviewing and summarising contracts, carrying out various searches, and obtaining reports from experts. Junior lawyers commonly perform the preliminary tasks and analysis and report to senior associates, who review and settle the results before they are reported to the client
Corporate lawyers draft and prepare important company documents such as officer’s certificates, director’s resolutions, and contents and receipts. They also draft disclosure documents that are to be filed publicly (for example, material change report), and other private documents such as securities offering memorandum. Simply put, corporate lawyers are able to prepare all of the documentation that is involved in the legal affairs of the corporate client, from employing an employee, appointing a director, issuing shares, raising capital, entering into service contracts, entering into partnerships and business arrangements, to making a million-dollar investment.
Corporate law contains the rules that govern how companies can conduct their affairs and how companies are regulated by the government. It is a complex area that requires an experienced lawyer. Many companies save significant amounts of money by making sure they have sound corporate practices and compliance measures in place, which may include a properly drafted company constitution, shareholders agreements, directors agreements, standard operating policies and procedures dealing with corporate affairs.
If you need commercial law assistance, in Cairns, do not hesitate to contact Marino Lawyers on (07) 4081 6700. Our Cairns lawyers can assist you with your enquiries and provide advice to ensure your business objectives are achieved in an efficient and timely manner. We also have offices in Port Douglas, Edmonton, and Babinda.