Tom Wood

Tom Wood is a senior property and commercial lawyer with extensive experience in a broad range of areas. He is recognised for his strategic advice and attention to details when analysing issues. Tom has a loyal and impressive client base many of whom he has acted for over 20 years. He attended the University of Queensland and completed a Bachelor of Arts and Bachelor of Laws degree. He worked at a major national firm in Brisbane, and was admitted as a Solicitor in 1992.

Proposed Retail Shop Lease Amendments – Lessor Disclosure Statement

By on 15 December 2015 in Commercial & Retail Leasing with 0 Comments
Proposed Retail Shop Lease Amendments – Lessor Disclosure Statement

The Retail Shop Leases Amendment Bill 2015 (Qld) (the Bill) was introduced into Parliament on 13 October 2015. The Bill has been drafted in response to a statutory review of the Retail Shop Leases Act 1994 (Qld) (the Act) and is a replacement of a 2014 Bill which lapsed due to the change in Government. […]

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Providing a Personal Guarantee

By on 30 September 2014 in Commercial Agreements with 0 Comments
Providing a Personal Guarantee

If you operate your business through a company or a trust, you may be called upon from time to time to provide a personal guarantee. What is a Personal Guarantee? A personal guarantee is a commitment that if your business doesn’t do something (usually the payment of money) you will do that thing yourself. Personal […]

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Expiry of PPSR Transitional Period

By on 16 January 2014 in Corporate Structuring with 1 Comment
Expiry of PPSR Transitional Period

The PPSR The Personal Properties Securities Act 2009 (Cth) (“the PPSA”) took effect on 30 January 2012. It established a new system for the creation, priority and enforcement of security interests in “Personal Property”, which is generally all property other than land, fixtures and certain statutory interests. The PPSA also established the Personal Property Securities […]

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What is a contract?

By on 21 November 2013 in Commercial Agreements with 0 Comments
What is a contract?

Whilst this question appears on its face to be a very basic one, I am often presented with matters where a dispute has come about due to one or more of the parties failing to appreciate the circumstances in which a contractual relationship will arise. What Is Needed For An Agreement To Be Binding? In […]

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Lease Incentives

By on 10 October 2013 in Commercial & Retail Leasing with 0 Comments
Lease Incentives

The lease incentives being offered to prospective retail tenants are on the rise according to a recent article in the Financial Review. The article confirms the trend I am currently seeing in the commercial and retail leasing sector. As the financial climate continues in its current period of uncertainty, landlords are becoming more and more […]

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PPSR Update – Key Developments for Business Owners

By on 17 September 2013 in Corporate Structuring with 0 Comments
PPSR Update – Key Developments for Business Owners

I recently delivered a seminar in conjunction with National Australia Bank (“NAB”) in relation to recent developments regarding the Personal Property Securities Register (“PPSR”). The update was provided in light of recent court cases in this area, as well as the impending expiry of the transitional period on 30 January 2014. Some of the key […]

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Unconscionable conduct in Franchising

By on 30 May 2013 in Franchising Law with 0 Comments
Unconscionable conduct in Franchising

The Australian Competition and Consumer Commission (ACCC) recently released a  “Business Snapshot” on unconscionable conduct to help businesses comply with their obligations under the Competition and Consumer Act. The ACCC’s paper has a direct bearing on franchisors. Case Study – “Hungry” Jack Cowin v Yum! Restaurants Unconscionable conduct is not a new issue in franchising. The most […]

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What’s the difference between Franchising and Licensing?

By on 22 May 2013 in Franchising Law with 0 Comments
What’s the difference between Franchising and Licensing?

I am often asked of the distinction between a “Franchise Agreement” and a “Licence Agreement” (Franchising and Licensing). What is a Franchise Agreement? The key distinction can be found in the definition of “Franchise Agreement” in the Franchising Code of Conduct (“the Code”). It states that an Agreement will be a “Franchise Agreement” if all of the […]

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The Pie Face Franchise Dispute

By on 9 May 2013 in Franchising Law with 0 Comments
The Pie Face Franchise Dispute

Three franchisees of the fast-food chain Pie Face have threatened to launch legal action against the franchisor on grounds of being misled over costs and profits when they first purchased their respective franchises. The franchisees claim their trading figures during the first seven months of trading were totally different to those initially projected by the […]

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Buying a Franchised Business

By on 11 April 2013 in Franchising Law with 0 Comments
Buying a Franchised Business

Franchised businesses differ from other businesses in a number of ways. They offer the ability to run your business using the franchisor’s “system” in a way that allows you to gain benefit from the name, marks, brand, image, and general “know-how” of a well established and generally more expansive organisation. Whilst operating a franchised business […]

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