Intelligence

Find out what we know as we learn it. The latest news, legal developments and deals relevant to you with our expert analysis

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May012015

New retention trust scheme for the NSW construction industry

The Building and Construction Industry Security Payment Amendment (Retention Money Trust Account) Regulation 2015 (NSW) (Regulation) commenced operation on 1...
May012015

ASIC Insolvency Statistics – April 2015

ASIC have recently published the April 2015 quarterly insolvency statistics, based on data collected in February. The statistics show that...
Apr302015

Loose lips sink ships – 5 reasons you need a good non-disclosure agreement

Unfortunately many companies treat non-disclosure agreements (NDA) like a piece of second hand clothing.  Dusted off and made good for...
Apr292015

Creditors of incorporated associations preferred unfairly

The Supreme Court of Queensland has found that the unfair preference recovery provisions of the Corporations Act 2001 (Cth.) do not apply...
Apr272015

Lender’s duty to deregistered borrowers decided

The New South Wales Court of Appeal in Golden Mile Property Investments Pty Ltd (in liq) v Cudgegong Australia Pty...
Apr242015

A new Attorney General and a new legal system?

The recently appointed NSW Attorney General Gabrielle Upton is seeking to harmonise and further regulate the legal profession. In order...
Apr242015

Cross-Claim – when it can be a shield but not a sword

In the recent decision of  QUBE Logistics (Vic) Pty Limited v United Equipment Pty Limited [2015] WASC 70 in the Western Australian...
Apr212015

Supreme Court rules on secured creditor VA appointments

The Supreme Court of New South Wales has ruled that a secured creditor is not entitled to appoint an administrator (under...
Apr202015

ASIC Register of Financial Advisers

From 31 March 2015, ASIC has now published a comprehensive national register of financial advisers. The register is intended to...
Apr152015

Tax relief for companies imminent

In a bid to stimulate economic growth and accordingly employment levels among small medium enterprises, there has been speculation that...
Apr152015

Commencement of Proceedings by Strata Corporations

The New South Wales Supreme Court recently handed down its decisions in 2 Elizabeth Bay Road Pty Ltd v The...
Apr142015

New AFSA video: Consequences of Bankruptcy

The Australian Financial Services Authority (AFSA) has continued its release of short, informative bankruptcy videos with “Consequences of Bankruptcy“, a concise...
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