1281-1290 of 4478 results
ASIC releases paper on collective action by institutional investors
ASIC has released its consultation paper on collective shareholder actions which calls for feedback on a draft update to Regulatory Guide 128 The consultation paper illustrates ASICs current albeit preliminary views on the tension between fostering increased investor engagement on the one hand and ...
Australia implements expanded sanctions against Russia
Australia has imposed sector-wide prohibitions on a range of imports to exports from and commercial activities with Russia Crimea and Sevastopol Partner Rachel Nicolson Associate Andrew Wilcock and Law Graduate Alice Crawford report on how these sanctions will impact on companies engaged in business ...
Market-led Proposals Guideline - a new framework for assessing unsolicited proposals in Victoria
The Victorian Government has released new guidelines that provide the framework for how it will assess unsolicited proposals from the private sector, but the key issues remain the same: timing, uniqueness, value for money, and confidentiality/intellectual property protection. ...
Statutory assumptions for lenders dealing with companies - useful but are they limited?
This Insight examines the use of statutory assumptions under S129 of the Corporations Act by banks and others, in light of a recent decision of the NSWCA. ...
Federal Court reverses systemic unconscionability finding against vocational education provider
The Full Court of the Federal court of Australia has overturned a decsion of a single judge which held Unique International College had engaged in systemic unconscionable conduct with the supply of online vocational education courses to consumers in NSW. ...
Sugar is a health hazard
The Federal Court has found that the packaging of the Little Kids Shredz childrens food range produced by food giant Heinz was misleading to consumers because it suggested the high sugar products were nutritious and healthy ...
First civil penalty order for breach of FOFA duties
The Federal Court recently imposed a 1 million civil penalty on a licensee for breaches by its representatives of the best interests and appropriate advice duties The penalties were the same amount that was agreed between ASIC and the licensee The decision is a reminder to financial services ...
Summary dismissal for theft found to be unfair
A recent decision of the Fair Work Commission has highlighted the importance of ensuring that the decision to summarily terminate an employee's employment is proportionate to their misconduct. ...
Round 1: Experiences with consumer lending practices
In the Final Report, the Commissioner has found that, for the most part, whilst the legislative tools necessary to protect borrowers are already available, there have been significant shortcomings in their application and enforcement. ...
Changes to New Zealand patent law - the deadline approaches
Changes to New Zealand's patent legislation which come into effect on 13 September 2014 will align it more closely to Australia's patent law ...