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Leasing and Property Newsletter - July 2018Published on 5 Jul 2018 by Alex Collie, Matthew Rafferty, and Paul Carroll
In this edition our team report on the following topics: Assignment – can the landlord refuse consent based on the assignee’s insufficient financial resources? A Contentious Middle Ground: The new Low Rise Medium Density Housing Code; and The push for planning centralisation – Recent developments in “ePlanning”Read more >
Your call: Do call and put options trigger a right of first refusal?Published on 3 Jul 2018 by Nathan Gately and Selwyn Black
In the recent case of Parramatta Commercial Holdings Pty Ltd (PCH) v Vision Medical and Health Pty Ltd (VMH)  NSWSC 272, Justice Kunc in Equity was tasked with deciding whether or not an offer by PCH to sell land in the form of a call option engaged a right of first refusal to purchase the land held by one of the lessees, VMH, who submitted that this could only have been achieved by a traditional contract for sale and not by an option contract.Read more >
Can you rely on a letter from the ATO?Published on 14 Jun 2018 by Nicholas Huang and Selwyn Black
The Australian Taxation Office (ATO) has suspended the application of the Assessing the Risk: Allocation of profits within professional firms guidelines and Everett Assignment web material (Guidelines) which it published in 2015.Read more >
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