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.

Should the lease be registered with the Land Titles Office?

By on 8 March 2018 in Commercial & Retail Leasing with 0 Comments
Should the lease be registered with the Land Titles Office?

Parties to a commercial lease often rapidly work towards finalising the terms of the lease, having all relevant documents signed and ensuring bank guarantees and insurance are in place – ; so that the tenant can take possession, do any fit out and start paying rent. It is often an after-thought consideration whether or not […]

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Protecting yourself when you provide goods on credit

By on 27 July 2017 in Personal Property with 0 Comments
Protecting yourself when you provide goods on credit

What is the Personal Property Securities Register (PPSR)? The PPSR is a real time online national register on which secured parties such as financiers and suppliers can register their security interests in personal property. A ‘security interest’ is defined in the Personal Property Securities Act 2009 (PPSA) as an interest in personal property that secures […]

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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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Asset Protection Strategies for Individuals and Businesses

By on 11 August 2015 in Asset Protection with 0 Comments
Asset Protection Strategies for Individuals and Businesses

What is asset protection and why is it important for individuals and businesses? Asset protection is a relevant consideration in the establishment of any business. Effective asset protection strategies can limit and in some cases avoid liability for individuals who are carrying on a business. Commonly, businesses are conducted via a company or trust structure. […]

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Capital raisings via Initial Public Offerings (IPOs)

By on 4 December 2014 in Capital Raising with 0 Comments
Capital raisings via Initial Public Offerings (IPOs)

This year has seen a re-emergence of interest in IPOs. With $16.8 billion raised from IPOs this year from over 90 floats (up from $10.8 billion raised last year), IPOs are again becoming an attractive way to raise capital. Just recently, Medibank Private raised $5.7 billion from its float and other companies are likely to […]

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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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Big Rights for Small Business

By on 14 May 2014 in Small Business with 0 Comments
Big Rights for Small Business

If there is one significant highlight to the Coalition’s first budget yesterday, it is the extension of rights for small businesses. What benefits has small businesses received in the budget? Small enterprises will now have the same rights as consumers in respect of unfair contracts, against big businesses. In general terms, the Government intends to […]

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Expiry of PPSR Transitional Period

By on 16 January 2014 in Personal Property with 0 Comments
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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