Contract structuring and contractual law
The conclusion of contracts is the core of business life
A contract is like a piton in a mountain face. It needs to be suitable for the type of rock and safety function. It is designed to fulfil and needs to hold firm when required! Many contracts are neither suitable nor hold
Contracts should:
- regulate and structure business relationships and rules
- Regulate Service relationships with all rights and duties
- Define rules of the game, especially when worst comes to worst
- Minimise risks
- Prevent disputes
Good contracts for yacht industry:
- reflect the Business model and philosophy of parties and are a competition factor
- are never standard, always personalised
- create legal certainty insofar as enabled by the complexity of the situation and law
- are by no means a “formality in passing” which can be completed quickly with any scrappy template or done by tax consultants as an act of generosity.
Besides rational analysis, this also requires an intuitive sense of all the contingencies possible in future.
Frequently asked questions by yacht manufacturer clients:
- How can I implement my corporate goals in the form of successful business concepts?
- How to form a professional agreement?
- How can the Business processes which keep an organization - ticking over like the balance wheel in a clock movement - be organised and secured
- How can the Business processes which keep an organization - ticking over like the balance wheel in a clock movement - be organised and secured via suitable economic and legal set of rules?
- Do my rules and contracts require an update? •Are they still sufficient to meet the current requirements of my company?
- Are business and private regulations interlinked?
- Do all contracts fulfil the correct formal requirements? Putting things to the test
- Do the parties provide the balance necessary for successful business relationships?
We will scrutinise your contractual status quo.
Law and Business administration – this combination is our core competence
If your economic objectives are no longer formulated in a currently valid manner, if gaps and/or errors in provision are revealed or if provisions prove to be void, we will propose a relevant adaptation or redrafting.
We provide far-sighted contractual design capabilities by developing circumstances and prognoses which could take effect in the future but which need to be accorded due consideration today.