Where a breach of contract occurs, the party who has not breached the contract is entitled to recover damages to compensate for any loss suffered (1). A breach may occur by a failure to perform or by anticipatory breach by the breaching party. To rec...
McCabes has bolstered its Insurance Division recruiting David Cooper, and elevating Karl Maakasa to the role of principal in the Workp...
Meaning of accessorial liability Individuals or corporations may be liable for contraventions of the Corporations Act 2001 (Cth) ('the Act') on the basis of their primary liability or accessorial liability. Primary...
On 28 September 2022, the Federal Government released the Treasury Laws Amendment (More Competition, Better Prices) Bill 2022 (Cth) (Bill), increasing penalties for competition and consumer law.
The recent case of In the matter of ACN 152 546 453 Pty Ltd (in liq) [2022] NSWSC 974 demonstrates the circumstances in which a person may be regarded as a 'de facto director' and therefore face personal liability for breaching duties owed a...
In the case of Anchorage Capital Master Offshore Ltd v Sparkes (No 3); Bank of Communications Co Ltd v Sparkes (No 2) [2021] NSWSC 1025, the Plaintiffs sought to argue that a large publicly listed company and t...
In the recent case of In the matter of Jana Pty Ltd [2022] NSWSC 112, the Supreme Court of New South Wales set aside a statutory demand issued for a debt arising out of a deed drafted with ambiguous and conflicting clauses. Backgrou...
In June 2021, we published an article on the decision at first instance of Darke J in Dyco Hotels Pty Ltd v Laundy Hotels (Quarry) Pty Ltd [2021] NSWSC 504. A link to the article appears
The Australian Tax Office (ATO) has resumed its collection of overdue tax payments, including serving directors of companies with a Director Penalty Notice (DPN). With the COVID-19 pandemic subsiding, laws governing the DPN regime have been strengthe...