31-40 of 246 results

Counsel Assisting the Royal Commission alleges significant superannuation misconduct
Insight 27 Aug 2018

The list of alleged breaches are divided into breaches of the SIS Act the Corporations Act and the ASIC Act we consider each of these and what it might mean ...

Competing class actions - a problem in need of a solution
Insight 20 Aug 2018

As fertile ground for class actions the Royal Commission has highlighted an ongoing problem with Australia's class action regime - there is no clear consistent means for resolving competing class actions. ...

Allens' submission to ALRC Class Actions Inquiry - time to revisit the checks and balances
Insight 14 Aug 2018

The Australian Law Reform Commissions Inquiry into Class Actions and Third Party Litigation Funders provides an important and timely opportunity to reflect on the operation of our class actions regime We have made a detailed submission to the ALRCs Inquiry in which we advocated for a renewed focus ...

Allens insights: Key trends in the Australian products liability space - 2018
Insight 10 Aug 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 ...

ACCC brings first 'excessive surcharge' proceedings
Insight 01 Aug 2018

he ACCC has instituted Federal Court proceedings against Europcar for allegedly imposing excessive payment surcharges on customers This is the first court proceeding commenced by the ACCC under the new prohibition and serves as a reminder to businesses that card payment surcharges must be limited to ...

US court holds foreign corporations not liable for human rights harms under Alien Tort Statute
Insight 20 Jul 2018

In a decision on human rights litigation that has important consequences for business a divided US Supreme Court has held that foreign corporations will not be held liable in suits brought under the Alien Tort Statute Partner Rachel Nicolson Associate Shamistha Selvaratnam and Graduate Calypso ...

Australian Financial Complaints Authority: a 'one-stop-shop' for financial dispute resolution
Insight 19 Jul 2018

The new Australian Financial Complaints Authority is to replace each of the Superannuation Complaints Tribunal the Financial Ombudsman Service and the Credit and Investments Ombudsman in November 2018 ...

ACCC cartel action against Cryosite is a strong reminder of rules prohibiting 'gun jumping'
Insight 13 Jul 2018

The ACCC has instituted Federal Court proceedings against Cryosite Limited for alleged cartel conduct This is the first case brought by the ACCC alleging gun jumping in a merger and is a reminder to transaction parties who are competitors to carefully manage contact and pre-planning activities in MA ...

Clarity on what constitutes a misleading consumer guarantee representation
Insight 04 Jul 2018

The Full Federal Court has allowed in part the ACCCs appeal against an earlier decision of the Federal Court by finding that LG Electronics Australia made false representations in two instances The decision clarifies the obligations on suppliers and manufacturers when engaging with consumers ...

Competition news
Insight 27 Jun 2018

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

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