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Corporate law developments
Welcome to our monthly snapshot of regulatory updates and other developments in corporate law We know you are busy so our focus is on capturing key issues ...
Key trends in the Australian products liability space - 2018
We have seen in recent years an increasing level of activity in the Australian regulatory landscape The current Banking Royal Commission is just one example of many dominating boardrooms and newsfeeds Regulators are taking action more often are seeking higher penalties and are seeking to expand the ...
Report: National Electricity & Gas Rules Update: July 2018
Tis update examines the Rule changes during July and in particular the final AEMC report on the Reliability Frameworks Review ...
Does casuals' service count for redundancy pay purposes?
A Full Bench of the Fair Work Commission has again considered the issue of whether prior service as a casual or seasonal worker counts as service when calculating redundancy pay, and found that such prior service need not be recognised. ...
Competing class actions - no 'one size fits all' solution
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 ...
Australian investor wins big at ICSID
At ICSID, Australian's investor wins big. ...
ACCC calls for significant reforms in Digital Platforms Inquiry Final Report (Part II): A platform for sweeping privacy reform
The ACCC has called for significant reforms in Digital platforms to strengthen privacy protections for individuals and to improve transparency and accountability In data handling practices for both digital platforms and other organisations regulated by the Privacy Act 1998. ...
'Fraud on the market' theory survives challenge in the US
Perhaps the most important unanswered question in Australian class action law is how causation may be established in the context of a shareholder class action In the United States this issue has been addressed by the fraud on the market theory This week the US Supreme Court rejected a challenge to ...
ASIC report on disclosure of fees and costs
Today ASIC released a report outlining the shortcomings in the disclosure of fees and costs for superannuation and managed investment products While everyone may not like what it says and for some it may be too little too late the more detailed discussion of what the law requires may be helpful ...
High Court 'moves' unanimously in defining the scope of consideration for tax purposes
Those involved in property development arrangements or business acquisitions should be aware of the tax implications of the recent High Court decision in Lend Lease Development that has broadened the scope of what forms the consideration for the transfer of dutiable property The High Court found ...