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Insurance

End of the road for the credit hire vehicle debate, as the High Court grants special level to consider the principle of ‘like for like’

Since the decision of the NSW Court of Appeal in the credit hire cases, practitioners and professionals working in the area have debated whether the Court’s decision of a ‘like for like’ entitlement to a hire car was in fact the cor...

Published by McCabes News
28 March, 2021
Insurance

ASIC obtains declaration that an insurer breached its duty of utmost good faith to an insured

The Federal Court of Australia has recently held that an insurer breached its duty of utmost good faith to an insured by avoiding a policy without affording the insured an opportunity to respond. This is the second occasion in recent months where ASI...

Published by McCabes News
21 March, 2021
Government and Administrative Law

Simplifying the liquidation process: new laws for small businesses

The traditional winding up process is often criticised for being too slow and ineffective. In the vast majority of liquidations, there is little or no return to unsecured creditors, who only receive a dividend after the liquidator's fees and priority...

Published by Foez Dewan
17 March, 2021
Compulsory Third Party Insurance

When a forklift goes rogue at work, can MACA come to the rescue?

Is a worker entitled to bring a workplace accident claim under Motor Accidents Compensation Act 1999 (NSW), if the relevant negligence involved a failure in the system of work? A recent decision by the NSW Supreme Court looks at the application of th...

Published by McCabes News
17 March, 2021
Government and Administrative Law

Mistaken identity or fraud? Bankruptcy and the use of an alias

One difficulty encountered by creditors and trustees in bankruptcy is the use of one or more aliases by a bankrupt. Whether it is an innocent use of a nickname or an attempt to conceal one's identity, the use of an alias can often create problems for...

Published by Andrew Lacey
15 March, 2021
Insolvency

A warning to company directors: Federal Court orders $240,000 penalty for director being ‘knowingly concerned’ in the company’s false or misleading conduct

On 5 March 2021, in Australian Securities and Investments Commission v Dover Financial Advisers Pty Ltd (No 3) [2021] FCA 170, the Federal Court ordered Dover Financial Advisers Pty Ltd (Dover) to pay a $1.2 million penalty ...

Published by Chiara Rawlins
11 March, 2021
Litigation and Dispute Resolution

Friend or foe – common interest privilege between joint plaintiffs and joint defendants

Legal professional privilege (LPP) protects communications between a lawyer and a client if it was made for the dominant purpose of seeking or providing legal advice, or for use in anticipated legal proceedings.  When successfully cl...

Published by Andrew Lacey
11 March, 2021
Insolvency

Overhaul of Australia’s insolvency laws for SMEs: Rise of a ‘debtor in possession’ insolvency model

On 1 January 2021, drastic reforms were made to the Australian insolvency legal landscape through The Corporations Amendment (Corporate Insolvency Reforms) Act 2020 (Cth) (the Amending Act). Despite these reforms only applyi...

Published by Foez Dewan
10 March, 2021
Litigation and Dispute Resolution

New director resignation laws now in effect

As explored in our previous article here, in February 2020, the Treasury Laws Amendment (Combating Illegal Pho...

Published by Andrew Lacey
9 March, 2021
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