171-180 of 1144 results
ESG class actions
As these actions grow in prominence overseas, and make their way to Australian shores, all sectors need to be aware of their strategies to mitigate litigation risk whilst keeping a clear eye on present and future trends. ...
Allens advises JANA on transition to full management ownership
Under the deal, JANA's management has acquired Insignia's 45 per cent shareholding, having acquired a 55 per cent share of the business from MLC Wealth (subsequently acquired by Insignia Financial) ...
Recent class action decisions set high bar for automakers to comply with acceptable quality guarantee
In this Insight, we look at class actions targeting the automotive sector, and draw together key themes from recent decisions that have considered the standard of acceptable quality required for passe ...
ASIC immunity to whistleblowers
ASIC's immunity policy provides immunity from the 'market misconduct' provisions (including insider trading, false and misleading conduct and dishonest conduct) to the first person who reports the misconduct to ASIC where multiple persons are involved. ...
Should APRA's prudential standard-making powers extend to directors' duties?
In recent times APRA has been active in prescribing duties for directors of the institutions it regulates In light of what has happened it is worth asking should the question of directors duties be excluded from APRAs prudential standard-making powers ...
Consumer protection in the banking, insurance and financial sector
The Senate Economics References Committee is conducting an inquiry into the regulatory framework for the protection of consumers in the banking insurance and financial services sector ...
High Court limits proportionate liability regime and expands insurers' liability for costs
The High Court yesterday overturned a decision of the Full Court of the Federal Court and held that if the same loss is caused by both apportionable and non-apportionable claims proportionate liability does not apply to the non-apportionable claims The High Court also ordered that the defendants ...
Investor-State dispute settlement under the Korea-Australia Free Trade Agreement
In a shift from the previous Australian Governments position a free trade agreement between Korea and Australia which was recently concluded by the new Coalition Government will include investor-state dispute settlement clauses ...
Risky business - remedies and enforcement powers for CDR breaches
As part of the new Consumer Data Right CDR framework a new regime of offences remedies and enforcement powers will be implemented The Australian Competition and Consumer Commission ACCC will have primary oversight for the enforcement of the regime though the OAIC will handle privacy complaints in ...
Corporate crime, policymakers and the major developments for 2023
2022 saw increased attention from policymakers in relation to corporate crime, with developments proposed or adopted to improve the capacity of the courts to hear criminal cases and increase transpare ...