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Pharmacy Solutions Australia2020-10-08T17:27:53+10:00

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PHARMACY NEWS

REPRESENTATIONS AND WARRANTIES

January 13th, 2009|

With almost all sales of businesses, a vendor will endeavour to present the business in the most positive manner and as a consequence, will make certain representations in order to encourage a purchaser’s interest. These

LEGAL DUE DILIGENCE IN PHARMACY TRANSACTIONS

January 13th, 2009|

It is common to see in almost all contracts for pharmacy business sales a clause making the sale conditional upon a satisfactory financial due diligence exercise being carried out by the purchaser’s accountant. As a

BANNER GROUP MEMBER AGREEMENTS – BE WARY

January 13th, 2009|

It is now a standard occurrence when joining a large banner group that pharmacists are being asked to sign formal ‘member agreements’ which are not only lengthy and complex documents, but are legally binding upon

RESTRAINTS OF TRADE IN PHARMACY SALES

January 13th, 2009|

As with most business sales, the giving of restraints of trade by a vendor pharmacist is an important aspect of transferring the business goodwill to the purchaser. However, many would be surprised to know that

TAX EFFECTIVE WILLS

January 13th, 2009|

A will is only part of Estate Planning. One wants to organise their affairs in a way to minimise cost, tax and stamp duties so as to maximise the Estate. As assets may be held