3651-3660 of 4436 results
Privilege during class action investigations - no client required
Our recently released Class Action Risk 2016 report highlights the effect of lawyer and funder entrepreneurialism on the class action landscape Last weeks decision in the ongoing confidentiality dispute between IOOF Holdings Limited and Maurice Blackburn has provided a rare insight into the way ...
A blow to class action judgments achieving finality
In a recent decision, the High Court considered that a successful class action defendant cannot rely on mere failure by members of a class action to opt out of group proceedings to establish that these members are subsequently prevented from raising other claims ...
Updated fee and cost disclosure - transition period extended
ASIC has today announced that superannuation fund trustees and responsible entities will have until 1 October 2017 to comply with the updated fee and cost disclosure rules for PDSs set out in ASIC Regulatory Guide 97 and ASIC Class Order 141252 - but only if they comply with certain conditions ...
A framework for CIPRs or just more work for super trustees?
Treasury released a paper seeking feedback on a framework for Comprehensive Income Products for Retirement. It will permit trustees to offer members on a 'soft default' basis 'mass-customised, composite retirement income products' and, to encourage trustees ...
ASIC announces fintech licensing exemptions
As part of its implementation of the regulatory sandbox for fintech companies ASIC is providing relief for certain fintech businesses from the obligation to hold an Australian financial services or Australian credit licence Relief may be available for up to 12 months and may be useful to businesses ...
Climate change policy news: more guidance for Australian businesses
Over the past fortnight both the Federal and Victorian Governments have made progress in climate change policy and regulation with the Federal Government announcing its terms of reference for the 2017 climate change policy review and the Victorian Government tabling its new Climate Change Bill 2016 ...
Report: Allens' response to ACL Review Interim Report
Allens submission in response to the Australian Consumer Law Review Interim Report Although the Australian Consumer Law is generally functioning well Allens considers that a number of provisions require amendment and clarification to ensure that the ACL meets its objectives ...
The Mark of Milk and Money: a2 vs Lion
The widely reported dispute between The a2 Milk Company and Lion about their milk advertising is proving to be a frothy fight, providing food manufacturers with valuable lessons, even before a judgment has been handed down. ...
Court confirms life easier for default interest clauses post-Paciocco
New South Wales Court of Appeal case Arab Bank Australia v Sayde Developments considered the application of penalties doctrine to default interest rate provisions in load agreements post the high court's libera approach to the doctrine in Paciocco v ANZ. ...
Heinz Shredz: ACCC takes it first swing against the sweet stuff
Associate Adrian Chang and Lawyer Nick Boyd‑Caine report on the proceedings launched by the ACCC against Heinz in relation to their Shredz products, and what that action says about today’s food regulatory environment. ...