Succession can mean many things. It can be the progression or transfer of ownership within a family, the current owner group or the sale of the business or asset externally.
There are several key issues to consider.
- That value is retained and enhanced.
- Predictable processes are in place to minimise conflict or, at the very least, provide a mechanism to resolve issues.
- That the passing on of value is recognised and of benefit to both the person who is stepping away or back from the ownership or control of the business, as well as to the person who is stepping into that role.
We have a deep understanding of the commercial and legal issues in play. Just as importantly, we understand the often intensely personal aspects of business succession which demands empathy, respect and objectivity from us so as to ensure that the process and the transition is positive and that the outcome works for everyone.
Why choose Kalus Kenny Intelex Lawyers?
When you own or run a business you need a team of professional advisors on your side.
You need to rely on lawyers who understand both the big picture and the complexities, regardless of where you are at in your business life cycle.
With over 30 years of experience in Commercial Law, our team are trusted advisors to some of Melbourne's most successful business people and families. Understanding the complexities of business, family life, wealth and risk is our priority for all of our clients, and we pride ourselves on providing advice that is practical, commercial and strategic.
Experience is the difference.
Our Commercial Law Team
From our Knowledge Base
Having acted for the builder in the case of Mann v Paterson Constructions, Jonathan Kenny and Peter Lettieri discuss the High Court of Australia udgment which has overturned 120 years of contract law and has ramifications for both builders and owners....
Media Release Leading property and commercial law advisory firm, Kalus Kenny Intelex (KKI), has provided comment around this week’s High Court judgment in Mann v. Paterson Constructions Pty Ltd. [Peter Mann & Anor v. Paterson Constructions Pty Ltd (2019) – HCA 32]...
Biometric data has been in the spotlight recently with the announcement by the Victorian government that it will upload drivers licence photos to a national database which will initially be used by agencies such as Victoria Police to identify duplicate IDs and fraud....