Business sale terms
Conditions, warranties, settlement deliverables, stock, employee issues, restraint terms, and lease assignment are checked before completion.
Commercial Law
For founders, owner-operators, and established companies — the documents that define commercial relationships, drafted in plain language and structured to protect intent over the long term.
At a glance
Sale and purchase of businesses, incorporations, shareholder and joint venture arrangements, leasing, trademarks, and advising on contracts.
How we help
Commercial legal work is most useful when it reflects how the business actually operates. Lexcom helps founders, owner-operators, investors, and small-to-mid-sized businesses turn commercial terms into documents that are clear enough to use and robust enough to rely on.
In a business sale or purchase, we review the agreement, identify conditions and warranties, check lease or asset-transfer issues, and coordinate the legal steps needed before completion. Where the deal involves employees, stock, licences, finance, or restraint provisions, we explain the practical effect before the client is locked in.
For company and shareholder matters, we prepare incorporation documents, shareholder agreements, joint venture terms, and governance arrangements that reduce uncertainty between business owners. Good documents should make decision-making, funding, exits, disputes, and deadlocks easier to manage.
We also advise on commercial leases, renewals, rent reviews, term loans, general security agreements, trademarks, and commercial document review. Each file is approached with the same question: does the document protect the commercial intent without making the transaction harder than it needs to be?
Commercial risks
Conditions, warranties, settlement deliverables, stock, employee issues, restraint terms, and lease assignment are checked before completion.
Decision rights, funding obligations, share transfers, exits, deadlocks, and dispute pathways are documented before relationships are tested.
Rent review, renewal rights, outgoings, guarantees, make-good duties, assignment, and permitted use can all affect the long-term cost of a lease.
Term loans, guarantees, general security agreements, PPSR considerations, and repayment terms need to align with the commercial arrangement.
When to get advice
A short legal review before signing can change the shape of a deal. Once commercial terms are agreed, it becomes harder to adjust risk allocation, timing, warranties, restraint clauses, funding obligations, or lease responsibilities without reopening negotiation.
Clients approaching a business purchase should gather the draft agreement, lease, due-diligence material, finance requirements, asset list, employee information, restraint terms, and any licences or supplier arrangements that are essential to the business. Those details affect what must happen before completion.
For shareholder and joint venture matters, early advice helps owners decide how decisions will be made, how new funding will be handled, what happens if someone wants to exit, and how disputes or deadlocks will be resolved. Those points are easier to agree while the business relationship is working well.
For leases, loans, guarantees, and security documents, the practical question is usually whether the legal obligation matches the client's commercial understanding. Lexcom checks that alignment before the document becomes an operational constraint.
We also look for gaps between the signed document and the way the parties expect to operate. A lease may require landlord consent before fit-out changes, a business purchase may depend on supplier or franchise approval, and a shareholder agreement may need a clearer pathway for future funding.
Commercial clients receive advice that separates legal risk from business judgement. That helps directors and owners decide which points to negotiate, which obligations can be managed operationally, and which terms should not be accepted without amendment.
Where a matter needs input from accountants, brokers, lenders, landlords, or other advisers, Lexcom keeps the legal requirements aligned with the commercial timetable so decisions can be made with current information. The result is advice that is easier to action and documents that are easier to administer after signing.
Also at Lexcom
Conveyancing, refinances, subdivisions, and the paperwork that underpins residential and commercial property transactions.
Begin a conversation
Founders and business owners are best served by lawyers who write the documents to be read, not just to be signed. We do both.