Trainee Solicitor in Delaney Williams, Lawyers And Consultants Law Assignment Help

Assignment Task

Task

Relevant Scenario and Professional Context Assume that you are a trainee solicitor in Delaney Williams, Lawyers andConsultants. You work for Jo Delaney, Lawyer and Partner.Prepare a Memorandum of Advice addressed to Jo Delaney in accordance with theinstructions set out below:Client File Commercial matter 40 marksWestern District Grazing Pty Ltd was incorporated in 1960 by Jock and JennySmythe. The Memorandum of Association referred to the object of the company asbeing the production of fine wool. It is a third-generation business. The grand-daughters of the founders, Clare and Ritva, have decided to reinvent thebusiness as a solar farm, in which it will generate commercial level quantities of solarelectricity and storage, and supply the local town of Bearim with a population of 500people. (The sheep have been re-homed on neighboring farms.) The businesscomprises a one thousand hectare farm, a farmhouse, two vehicles, and thirty, free-standing solar panels. Jock and Jenny, the two current directors, will retire from thebusiness and transfer their 100 shares each to Clare and Ritva. Clare and Ritva willbecome directors and will be the only two shareholders. Jock and Jenny will remainas ‘passive and ‘behind the scenes directors.Jock and Jenny will be employed by the company with a lifetime right to remain livingin the farm-house.Clare and Ritva want to change the name of the business to Bearim Solar Pty Ltd.In due course, Bearim Solar Pty Ltd will:?seek a loan from Green Bank Ltd for $2 million to develop the business; and 1 ?enter a contract with Bearim Shire to supply power to the township for threeyears. Clare and Ritva seek legal advice from Delaney Williams, Lawyers on the followingmatters: 1.What is involved in changing the name of the business? Outline the steps.2.What are the legal issues relevant to the fact that the object of fine woolproduction is no longer being observed? Outline the relevant legal issues.3.What is involved in the transfer of shares? Outline the process and relevantlaw.4.What is involved in their appointment as directors? Outline the process andrelevant law. 5.How can Green Bank Ltd secure its $2million loan to the company, and giveitself optimal protection? Outline the legal issues and options.6.Can Bearim Shire assume, in due course, in its dealings with the companythat Clare and Ritva are appointed as directors? What if the Shire suspectsthey are not appointed? Provide an analysis of the legal situation. Total marks and word length for this assignment ?Marks: 40 (being 40% of the unit grade) ?Word length: the indicative word length is 2,500 plus or minus 10%. That is,between 2,250 words minimum to 2,750 words maximum?Please note that the word count excludes your footnotes and yourbibliographyWhat is required?Provide a memorandum of preliminary legal advice on the matters referred to above.The memorandum is written by you in your capacity as a legal trainee addressed toyour supervisor Jo Delaney, lawyer. The memorandum should contain comprehensive advice on the legal and relatedmatters pertinent to the issues referred to above.Total marks for this assignment: 40% of the unit gradeResearch requirements for this assignment?Research 1: please provide comprehensive footnotes ?Research 2: please provide a bibliography of all research and relatedresources 2 ?Research 3: ensure your work complies with the AGLC Australian Guide toLegal Citation ?Provide a signed copy of the student declaration that the work is your ownPreparing the Memorandum Your assignment document needs to be broadly within the format of a Memorandumof Advice: for basic guidance on preparing a memorandum, please see the tablebelow: Basic in-house legal memorandum formatTo: (recipient)From: (trainee)Subject matter/heading:?Additionally, within the text, feel free to use any sub-headings and other‘navigation guides or ‘signposts for the benefit of the reader.?Think about how you present the information?Be clear to the reader as to which questions you are answering.Other important information ?This is not an essay. It involves practical legal analysis and problem solvingwithin the relevant firm-client context. Consideration of Issue-Research-Argument- Conclusion (IRAC) or any other relevant legal problem-solving andanalytical technique is important in providing an approach and an implicitframework to these tasks. Please note you do not have to use these particularheadings, but think about the client s requirements in each case. What dothey need to know? How can you provide them with useful advice and optionsbased on the relevant legal issues? ?Thinks about next steps. 

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