Commercial

Lloyd & Lloyd Solicitors offer legal expertise across the full range of commercial transactions.

Areas include:

  • Acquisition and sale of assets

  • Competition and consumer law

  • Capital raising, ASX and ASIC requirements, including continuous disclosure

  • Business structures, joint ventures, partnerships

  • Distribution and supply agreements

  • Real estate sale and purchase

  • Insolvency and distressed sale and purchase of assets

  • Dispute resolution and Court process.

Insolvency

Our clients can be assured our solicitors will use their skills and knowledge of insolvency law and practice tactfully and with commercial common sense when handling their insolvency and bankruptcy issues.

Lloyd & Lloyd has proven insolvency and restructuring experience. We move quickly to understand each client’s commercial and business situation and analyse all available options prior to insolvency to ensure it is the only course available.

Our expertise is:

  • Security enforcement

  • Receivership and administration

  • Credit enforcement and recovery

  • Liquidation

  • Corporate reconstructions and turnarounds

  • Company and personal insolvency and bankruptcy

  • Insolvency disputes and litigation

  • Finance litigation.

Commercial Leases

Commercial leases can be complex for both landlords and tenants to navigate.

For tenants, the content of a commercial lease can make or break a business. Lloyd & Lloyd Solicitors can help tenants understand the details of their lease and negotiate terms that suit their long-term business plan.

For landlords, our experienced team of property law solicitors can help them exact the most value from their asset.

Seek our advice on:

  • Office, retail and industrial leases

  • Leasing disputes

  • Fit-out and incentive agreements.

​The average lease is 30-70 pages long and is likely to contain terms tenants and landlords are unfamiliar with unless they have significant experience in commercial property transactions. We help tenants and landlords consider all the pertinent issues to ensure a lease reflects their business interests.

Things to consider before signing a commercial lease

Terms

Ensure the length of the lease matches short-term goals and longer-term plans for the business.

Rent review

This can be done by CPI, a fixed increase or market review. A tenant must ensure they understand and agree with the method in their lease. They need to ensure their business revenue growth is sufficient to support the proposed increases.

Security bond and guarantees

Naturally the landlord wishes to protect themselves against default and tenants are usually expected to provide some security (often in the order of 3-6 month’s rent) as a bond or bank guarantee. Personal guarantees may also be requested from directors of companies. It’s essential for tenants to fully understand what they have on the line.

Incentives

This includes things like fit-out, rent-free periods and rental discounts. It is important that tenants fully understand the scope of their incentives and the implications for their business in areas such as tax and depreciation.