How will the upcoming changes to unfair contract laws impact startups and scaleups?
Significant changes to unfair contract terms laws (UCT) come into effect on 9 November 2023. These changes will affect businesses of all sizes, including startups and scale-ups that use standard form contracts when dealing with consumers or small businesses. The new unfair contract term laws are found in two different pieces of legislation – the Australian Consumer Law (ACL)[1], and the Australian Securities and Investments Commission Act 2001 (Cth) (ASIC Act). The nature of the goods and services you supply as a startup (or other business) partially determines which piece […]
Welcome to Adventum Legal!
After many years of being asked by clients – “when are you starting your own thing” I decided to take the plunge. It wasn’t an easy decision, I’ve been very happy in the firms I’ve worked with. But like my entrepreneurial clients I’ve always had an inner drive to create my own startup. So I created Adventum Legal. Adventum means “Adventure” in Latin. Why “adventure”? Well everyone who creates their own business embarks on their own journey and I am no different. But this firm isn’t really a startup. As […]