This article sets out the prohibition on insolvent trading by company directors in section 588G of the Corporations Act 2001 (Cth), reviews the safe harbour defence, and provides a summary of the [...]
In Sportsbet Pty Ltd v Crownbet Pty Ltd [2018] FCA 1045, Australia’s biggest non-retail bookmaker, Sportsbet Pty Ltd, has been successful in obtaining an interlocutory injunction preventing [...]
The Corporations Amendment (Crowd-Sourced Funding for Proprietary Companies) Bill 2017 (the Bill), if passed, will extend CSF to privately-held companies. This would open up significant [...]
The Retail Leases Amendment (Review) Act 2017 No 2 came into force on 1 July 2017 and made a number of important amendments to the Retail Leases Act 1994. This article looks at the amendments [...]
This article considers the new obligations on certain entities in responding to data breaches of personal information, which came in force on 22 February 2018.
This article explains what is an 'ipso facto' clause, how these clauses are problematic for companies that are struggling and what a stay on these clauses will mean for Australian companies.
Each year the ACCC, Australia’s competition regulator, releases a list of priorities and factors to be taken into account when deciding to pursue matters. 2018 is slated to be the year of [...]
On 13 October 2017, the Federal Court has declared, by consent, that eight of the contract terms that JJ Richards & Sons Pty Ltd (JJ Richards) used in their standard form contracts are unfair, [...]