Startups

When an acquirer signs a term sheet to buy your startup, every unvested option and every unvested founder share suddenly has a question mark over it. Does it vest because of the deal? Does it roll …

Every startup has an official answer to the question “who are the directors?” — it’s whatever the ASIC register says. The law’s answer is different, and for some of the people …

Startups transact with their own directors constantly. A founder lends the company money to cover payroll. The company licenses software from a founder’s previous venture. A director’s …

For most of its history, work health and safety law was about things that crush, cut and electrocute. Startups could be forgiven for treating it as someone else’s problem — no forklifts, no …

One of the quieter features of the Australian proprietary company is how little the public record says about who actually owns it. ASIC’s register shows the legal shareholders and flags whether …

Ask a founder why they incorporated and you’ll usually get some version of the same answer: so that if the startup fails, it takes the company down and not the house. That instinct is legally …