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 Drafting Commercial Contracts: Maximising their Impact – a recorded lunchtime online conference

Recorded Online Conference,Commercial Law,Drafting Commercial Contracts: Maximising their Impact – a recorded lunchtime online conference
Tuesday 1st March 2022
Duration: Approximately 2.5 Hours
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 ABOUT THE ONLINE CONFERENCE
Hear from the experts at this online conference. You can watch it on your computer or on your portable electronic device from anywhere.

The conference will be based on our highly successful video webinar technology: there'll be a chairperson and presentations.

One registration can be shared by colleagues within the same firm utilising the same login.

 THE PROGRAM

Session 1: Promises Promises: Drafting Watertight Warranties

Warranties provide greater certainty for both vendor and purchaser in contracts for the provision of good, services or property. To achieve that certainty and meet the expectation of the parties, precision in drafting is essential. This session provides practitioners with a step-by-step guide to drafting watertight warranties and avoiding costly mistakes, including:

  • Key features of a warranty
  • When is a warranty essential?
  • At what point does a warranty become effective and at what point does it end?
  • The relationship between disclosure and a warranty
  • Remedies for breach of a warranty
  • Drafting tips including:
  • Time-specific warranties
  • General limitations and exclusions
  • Liability limitations
  • Calculating loss and damage
  • Remedies
  • Consideration of relevant implied and statutory warranties and required compliance
  • Making sure your client understands the warranties – advice and review
  • Cases and examples

Session 2:  Contractual Risk Allocation Tools: Drafting Guarantees and Indemnities

Accepting liability, even of a limited nature, under a contract brings with it potentially onerous consequences and, as a result, precise and thorough drafting of such clauses is essential. This session provides a deep-dive into the drafting of guarantees and indemnities and associated guidance practitioners need to provide their clients, including:

  • Guarantees and indemnities as risk allocation tools
  • The characteristics of a guarantee and appropriate circumstances to provide one
  • Essential features of a guarantee, including:
  • Default trigger and process
  • Guarantor’s obligations
  • Legal requirements for enforceable guarantees
  • Lessons from litigation
  • When to include an indemnity in a contract – assessing potential loss or damage and risk allocation
  • Key indemnity drafting considerations including:
  • Types of indemnities
  • Nature and extent of potential loss
  • Mitigation obligations
  • The availability of common law remedies
  • The impact of insurance
  • Negotiating indemnities and relationship management
  • Relevant cases and examples

Session 3: Tears Before Bedtime: Drafting Effective Early Termination Clauses

All contracts come to an end eventually, often by completion but also by early termination. This session will explore options for drafting effective early termination clauses in contracts, including:

  • In what circumstances should an early termination clause be used in a contract?
  • Considering alternatives to early termination to keep the contract on foot, such as ADR
  • Anticipating the circumstances and consequences of early termination on:
  • The parties
  • Stakeholders
  • Third parties
  • Termination for convenience – notice periods and other consequences
  • Termination with cause – what will allow a party to terminate?
  • Is rectification possible?
  • Factoring in common law termination
  • Case examples for assisting drafting
 THE FACULTY

Michael Creedon, Partner, Minter Ellison, Brisbane (Chair)

Shah Rusiti, Partner, Teece Hodgson & Ward Solicitors, Sydney

Mark Kenney, Partner, Carter Newell Lawyers, Brisbane

Breanna Davies, Special Counsel, Gadens, Sydney

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 FEEDBACK FROM PREVIOUS ONLINE CONFERENCES
  • It was just like being at a well run conference but in many ways better. 
  • This option is of great assistance to country practitioners.
  • The live online conference format worked well and made the speakers more engaging than a recording.
  • Our team used the boardroom.  We could talk and discuss the presentation without feeling we were imposing on others and you could submit a question, which we did.  All from the comfort of our own office.
  • The conference was well organised and the email links very useful.
CPD 

Lawyers can claim up to 2.5 CPD units/points (substantive law).

WA Lawyers – From 1/4/2021, due to changes to your CPD requirements we are unable to verify your completion of recorded online conferences to the Legal Practice Board of WA.

EARLY BIRD REGISTRATION

If you register and pay by 11 February 2022 you will pay only $495 – a saving of $55 off the full price conference registration fee of $550.

 ENQUIRIES/ASSISTANCE
If you need assistance or have an enquiry, please do not hesitate to contact our Event Coordinator, Hayley Williams–Cameron on (03) 8601 7730 or email: hayley@tved.net.au



© Television Education Network Pty Ltd 2022

Product Code: KCDMAR22
 Price:  $550.00 (Inclusive of GST)