Publications

Corrs produce a range of publications to keep you informed on legal developments that may affect your business, industry and environment. Our lawyers are dedicated to sharing their breadth of knowledge and draw from diverse experiences to deliver content that is timely and targeted.

High Court resolves uncertainty on the operation of the proportionate liability regime

15 May 2015

The High Court has resolved uncertainty on the operation of the proportionate liability regime prescribed by the Corporations Act, confirming that the regime will not apply universally to all claims made under that Act.

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Proportionate liability: The High Court resolves the dispute

14 May 2015

The High Court decision in Selig v Wealthsure has resolved the conflict between two Full Federal Court decisions concerning the application of statutory proportionate liability regimes contained in the Corporations Act and the ASIC Act.

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May 2015 Mining Sector Update

14 May 2015

This edition discusses the Productivity Commission’s recent report about efficiency in the gas market and provides an update about expansion activities at the Port of Abbot Point.

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Clarification on the valuation approach to contaminated land

13 May 2015

In Challenger Listed Investments Limited v Valuer General (No 2) [2015] NSWLEC 60 the Court clarifies the approach to be taken by the Valuer-General in determining the value of contaminated land under the Valuation of Land Act 1916.

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Budget changes to the Paid Parental Leave Scheme: How will they affect employers?

13 May 2015

Changes announced in last night’s federal Budget will limit employees’ access to the government Paid Parental Leave Scheme from 1 July 2016. Employers with their own PPL schemes need to carefully consider the impact of this change.

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The Full Federal Court upholds ANZ Bank’s entitlement to charge late payment fees

8 May 2015

On 8 April 2015, Court in Paciocco v ANZ upheld the entitlement of ANZ to charge its customers various fees, including late payment fees.

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When a detriment is not a punishment - High Court delivers judgment against coal exploration licensees

8 May 2015

The High Court has affirmed State governments’ authority to enact legislation to terminate specified rights of individuals, which will not amount to a punitive exercise of judicial power.

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When the best interests of a marriage are not equal to the company’s best interests: Court holds the purchase of a boat for a director’s spouse to be an unreasonable director-related transaction

8 May 2015

Court finds that payments by a company to purchase a boat for its director’s wife constituted unreasonable director-related transactions, despite the director owning all the shares in the company and it being “comfortably solvent”.

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Where to now for agreed civil penalty outcomes following the CFMEU and Barbaro decisions?

8 May 2015

The CFMEU judgment creates significant uncertainty for regulators and potential respondents about the operation of and benefit of cooperating with regulators in proceedings involving pecuniary penalties.

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Extension of unfair contract terms protection to small businesses - Many franchise agreements likely to be caught

5 May 2015

Given the definition of a “small business contract” in the Exposure Draft, it is likely that many franchise agreements (which are often presented by franchisors to franchisees as standard form contracts) will be subject to the new regime.

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