Insights Sectors: Financial Services

Dec 18, 2016

INSIGHT: AWB: the next instalment…

Directors are under a continuing obligation to keep informed about the activities of a corporation (ASIC v Flugge). On 15 December 2016, the Supreme Court of Victoria issued its judgment in the latest round of AWB proceedings in which ASIC commenced an action against the former Chairman of AWB Limited (AWB). The case involved the […]

Jul 22, 2015

INSIGHT: Queensland to remove 5% permanent impairment threshold for workers seeking damages

On 15 July 2015, the Queensland Government introduced the Workers’ Compensation and Rehabilitation and other Legislation Amendment Bill into Parliament. If passed, this Bill will remove the 5% threshold, which workers must currently meet to have an entitlement to seek common law damages. The 5% permanent impairment threshold was introduced by the Newman government and […]

Nov 25, 2014

INSIGHT: ACCC given greater powers to enforce new Franchising Code of Conduct

Since 1998 the mandatory Franchising Code of Conduct has been the key instrument regulating the conduct of franchises in Australia, as prescribed under the Competition and Consumer Act 2010 (Cth). A new Franchising Code of Conduct was made public on 3 November 2014 (“new Code”). The implementation of the new Code will be the most […]

Jun 3, 2014

INSIGHT: Keeping your website up-to-date and accurate

The evolution of digital media means that when incorrect material is published the publisher has additional means available to minimise the harm caused – namely take it off the website and/or publish a timely update. By extension, a failure to do this adds to the damage caused. The Times debacle At the end of last […]

Feb 11, 2014

INSIGHT: Taking the ‘literal’ or ‘intended’ meaning: High Court reserves judgment

Meridian Lawyers is advising in relation to the following litigation which will have ramifications for the way that dependency claims may be quantified at least in New South Wales and Victoria. Taylor v Owners – Strata Plan No. 11564 in the High Court of Australia No. S179 of 2013: In 2007, during a violent storm, […]

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