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Class Action Insights
Insight 08 Aug 2014

In recent months the funding of class actions has been prominent in the legal press The issues canvassed have included the regulation of third party funders the case for and against lawyers charging contingency fees attempts by lawyers to establish third party funding vehicles the Productivity ...

Increasing ASIC's enforcement powers
Insight 08 Jul 2014

In its submission to the Financial System Inquiry the Australian Securities and Investment Commission has again raised the issue of the penalties that are available to it to punish and deter corporate wrongdoing ASICs submission recommends that a holistic review be conducted into the availability ...

Can product suitability rules succeed where disclosure has failed?
Insight 08 Aug 2014

One of the more interesting possibilities raised in the Interim Report of David Murrays Financial System Inquiry is the introduction of product suitability requirements as a complement to the current disclosure regime The Interim Report presents a case for change but does not set out in detail what ...

Allens insights: Implementation of Australia's PCEHR system reviewed
Insight 11 Aug 2014

At the end of 2013 the Federal Minister for Health announced a panel review into Australias Personally Controlled Electronic Health Record PCEHR system to consider implementation and uptake issues The subsequent report made public in May 2014 puts forward 38 recommendations to address the issues ...

Third tranche of draft CCIV legislation released
Insight 18 Oct 2018

Draft legislation intended to address some of the continuing gaps in the proposed corporate collective investment vehicle framework has been released with submissions on it closing soon Partner Marc Kemp and Associate Mai Go report ...

Competing class actions - no 'one size fits all' solution
Insight 22 Nov 2018

The Full Federal Court has held that when the court is faced with multiple competing class actions in relation to the same issue it can choose one to proceed and stay the others In doing so it said that there is no one size fits all solution to the problem of competing class actions and that ...

Food fraud and technology - opportunities and limitations
Insight 17 Dec 2018

The high-profile ‘fake honey’ scandal has made food fraud front-page news in Australia in 2018. With the ACCC having now concluded its honey investigation, due to ‘testing uncertainty’, we explore how new technologies like blockchain could potentially assist in preventing food fraud. ...

Productivity Commission's report on superannuation - an odd mix of recommendations
Insight 01 Feb 2019

The Productivity Commission's report on superannuation has provided an odd mix of reccomendations ranging from uncontroversial to outright bizarre, Senior Regulatory Counsel Michael Mathieson writes. ...

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