Hello i have an assignment that is similar to the one on your site however it is a different questions.

LLW2004 Corporations Law

Question: You are a trainee solicitor in Delaney WIlliams, Lawyers and consultants. You work for Jo Delaney, lawyer.

Are you able to assist?

The questions is:

You are a trainee solicitor in Delaney WIlliams, Lawyers and consultants. You work for Jo Delaney, lawyer.

Sam runs a gardening supply business and has done so for 5 years. She supplies equipment (plants, pots, trellising, garden wals etc) to retailers.

Travis has an earthmoving business.

Same and travis decide they should team up and do some work together on some garden designs for private clients which would involve their doing all the work as a team.

They secure three large private garden renovations for total revenue of:

Job 1: $30,000

Job 2: $45,000

They split the revenue 50/50 on these jobs.

The third job is worth $75,000 andTtravis estimates he is owed $50,000 for this. Sam is suprised and ask for time to consider this.

After that Same is very busy for the next two months with her own work supplying retailers. She is therefore shocked to get a call from Lorraine saying that she and Travis are in business together and things are going 'gang'busters and they have orders for $200,000 worth of work on private gardens. Lorraine wants Sam's wholesale contacts so she can get supplies on an urgent basis.

Legal Issue:

Sam seeks your advice on the following.

1. What can Sam do to resolve the outstanding fee of $75,000 on the third job?
2. Does Sam have any claim to the new revenue of $200,000?
3. Going forward, sam now wants to incorporate her business into Sam;s Garden Supplies PTY LTD; what is involved? outline the steps and process
4. Sam is intending to Vend/sell the business into the new company and receive shares. As a shareholder in the new company, how can she get paid and rewarded for her efforts?
5. Sam wants to know what she can do, if she takes on an employee, to protect her business from that person setting up in competition against her company?

Please provide a memorandum of preliminary advice on the five issues referred to above.