Corrs In Brief

Corrs In Brief offers the latest updates on legal issues and developments, focusing on their impact to your business and industry.

Commencing proceedings in the face of a valid arbitration agreement? Don’t be hopeless

16 May 2014

Parties who commence litigation and then resist a stay application in circumstances where there is a valid and binding arbitration agreement should proceed with extreme caution.

Read More

Tax: Resource Capital Fund III LP final orders made

15 May 2014

The Full Federal Court has made final orders in the litigation concerning Resource Capital Fund III LP’s exit from its Australian investment.

Read More  |  Download PDF

Causation and reliance in securities class actions: Halliburton v EPJ Fund

15 May 2014

A recent petition to the Supreme Court of the United States could fundamentally change securities class action litigation in the US, and encourage practitioners to reflect on the way securities class actions are argued in Australia.

Read More

APRA proposes amendments to its “final” harmonised and enhanced risk management requirements

15 May 2014

On 8 May 2014, APRA released a letter to all CEOs of authorised deposit-taking (ADI) institutions, general insurers and life companies to clarify its intent with respect to certain specific risk management matters.

Read More

How can a tenant protect its lease if a landlord company is wound up?

14 May 2014

Following a High Court of Australia decision the liquidator of a landlord company has a statutory right to disclaim a tenant’s lease of premises.

Read More

Outcome-based contracting is on the up: Who's doing it, why, and what you need to know about it

13 May 2014

With government agencies and businesses under pressure to deliver more value within constrained budgets, organisations are looking closely at outcome based contracting models.

Read More

Court of Appeal reaffirms LEC decision to refuse Rio Tinto’s proposed expansion of the Warkworth Coal Mine

12 May 2014

On 7 April 2014, the NSW Court of Appeal handed down its decision which concerned an appeal against the refusal of Rio Tinto’s proposed Hunter Valley coal mine expansion.

Read More

Goodbye PAMDA: Property Occupations Bill passed

9 May 2014

The Property Occupations Bill 2013 was passed by Parliament on 7 May 2014.

Read More

Environmental Planning and Assessment Amendment (Subdivision Works) Regulation 2014

7 May 2014

The Environmental Planning and Assessment Amendment (Subdivision Works) Regulation 2014, commenced on 24 April 2014.

Read More  |  Download PDF

The utility of offers of compromise in Class 3 proceedings

6 May 2014

On 13 March 2014, the NSW Land and Environment Court dismissed a costs application made by the acquiring authority, Sydney Water Corporation, following the Court’s determination of the substantive Class 3 proceedings.

Read More