Businesses involved in the provision of financial services are being urged to ensure they understand new obligations stemming from the launch of the Australian Financial Complaints Authority (AFCA) on 1 November 2018.
Two recent WA Court of Appeal decisions clarify the scope of an adjudicator’s jurisdiction, issues of set-off, and the ability to sever partially invalid determinations in the context of Construction Contracts Act 2004 (WA) adjudications.
Irrespective of the purpose of a joint venture, a question often arises: what is the nature of the respective obligations of the joint venture partners, and are those parties bound by fiduciary duties?
The NSW Parliament has introduced new insurance legislation designed to clarify the rights of claimants to proceed directly against insurance companies. But in the context of insolvent corporations, has it created more problems than it has solved?