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ASIC recommends tougher corporate penalties
Insight 24 Oct 2017

The ASIC Enforcement Taskforces latest consultation paper pushes for a tougher penalty regime for corporate and financial sector misconduct which has been key focus of the Taskforces Terms of Reference and indeed of ASICs reform agenda for some time Partner Belinda Thompson Senior Associate Michela ...

Federal Court sheds new light on public benefit test in Tatts/Tabcorp merger appeal
Insight 11 Oct 2017

The Federal Courts decision about the proposed TabcorpTatts merger has provided significant clarification about the public benefit test for authorisations This is timely in light of the legislation before the Senate that proposes to combine the Tribunal authorisation process with the formal ACCC ...

Spotlight: Cyber breach at Yahoo
Insight 16 Oct 2017

2016 was the Year of the Data Breach for Yahoo, as it announced three separate and significant data breaches. Although the consequences of these breaches are still unfolding, the financial cost to Yahoo is already significant – in 2017, Verizon slashed the price of its deal to buy Yahoo by US$350 mi ...

Pseudo-investments and mobile apps - a new frontier for regulators
Insight 04 Oct 2017

It is hardly surprising that the Australian Securities and Investments Commission ASIC has taken an interest in the mobile app market given that there has been an aggressive expansion into the mobile space by financial services providers ASIC has recently cracked down on web and mobile based OTC ...

Why we need to do more to fix our class action regime
Insight 03 Oct 2017

The Victorian Law Reform Commissions inquiry into litigation funding and group proceedings provides an important and timely opportunity to reflect on the current operation of our class action regime The regime recognises and was designed to balance competing interests We believe more can be done to ...

'Bordering on impossible' that husband and wife duo were independent contractors
Insight 01 Nov 2017

The Federal Court decided that a husband and wife who worked from home and sometimes outsourced their work were employees instead of independent contractors, making the employer guilty of sham contracting, underpayments and other breaches. ...

Competition news
Insight 22 Nov 2017

In Touch looks at what's been happening in Competition this month and what it means for your business ...

Yahoo continues to pay the price for its 2014 data breach
Insight 17 Oct 2018

Yahoo has recently come under fire from both the United States Securities and Exchange Commission and the United Kingdom Information Commissioners Office for delays in the disclosure to investors of its 2014 data breach. ...

Report: Class Action Risk 2018
Insight 26 Nov 2018

Class action risk continues to increase and is becoming more complex than ever before. Assessing this risk for your organisation is extraordinarily challenging and requires a broad-based perspective of the broader class actions landscape. ...

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