631-640 of 891 results
Product design and distribution rules
On 13 December 2016 Treasury released a paper seeking feedback on the proposed financial product design and distribution obligations and proposed product intervention powers for ASIC The proposals are intended to create new accountability obligations for product issuers and distributors On one view ...
Anti-bribery laws and deferred prosecution agreements
The Australian Government is via two new consultations proposing wide-ranging reforms to tackle the challenges that it faces in detecting and prosecuting serious corporate crime ...
Allens acts for PZ Cussons in successfully defending the first contested 'hub and spoke' cartel case brought by the ACCC
In 2013, the ACCC first took action against: PZ Cussons and Colgate-Palmolive, alleging they had entered into a cartel in relation to the supply of laundry detergents with a third laundry detergent ...
Allens advises ANZ on $3.83bn sales of life and wealth businesses
Allens has advised ANZ on the simplification of its Wealth Australia business, including the sale of its life insurance business for $2.85 billion and its OnePath pensions and investments and align ...
Allens on board with global Accord Project
With growing interest in the use of smart legal contracts, Allens has joined the global Accord Project , a collective of leading law firms working together to establish a common, universal ...
Allens advises on innovative financing for Melbourne roads upgrade
Allens has advised the Netflow consortium on an innovative financing arrangement for its A$1.8 billion Western Roads Upgrade public-private partnership (PPP). The financing of the Western Roads ...
Australia and Singapore enter into Comprehensive Strategic Partnership
The Australian and Singaporean governments have recently concluded discussions on a landmark agreement that will see the two countries cooperating across a range of strategic initiatives including in the areas of trade and economics innovation education people and defence The Comprehensive Strategic ...
Significant 'blow' for penalties claims
Today the Full Federal Court clarified the law of penalties as it applies to fees The key development is that in considering whether the amount of a fee is extravagant and exorbitant compared to the potential costs incurred in dealing with a failure to perform an obligation the court held that ...
ASIC's guidance on conflicts in vertically integrated funds-management businesses
ASIC has released a report looking at the way vertically integrated funds management businesses deal with conflicts of interest The report summarises the findings of ASICs recent review of a number of businesses and sets out some good practice recommendations Partner Marc Kemp and Senior Associate ...
Strangers no more - Taking action against an insolvent defendant's insurer
The High Court of Australia has decided that a third party claimant can join an insolvent or potentially insolvent defendants insurer to proceedings to seek a declaration that the insurer is liable to indemnify the defendant Partner Andrew Maher and Lawyer Shelley Drenth discuss the decision and its ...