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Insolvency

Breaches of directors’ duties: the High Court’s reach exceeds the limitation period’s grasp

A lightning rod for the attention of commercial lawyers and their clients alike is when proceedings concerning directors’ duties goes to the High Court. The issue in question? Limitation periods. Specifically, at what point do they start ticking? If,...

Published by Andrew Lacey
14 February, 2019
Litigation and Dispute Resolution

Misrepresentations over milk: director held liable for misleading and deceptive conduct

When one thinks of misleading and deceptive conduct, one often thinks of large companies misleading their customers about their products. In those circumstances, it is uncontroversial that the company is to bear the penalty. But what happens if the m...

Published by Andrew Lacey
6 February, 2019
COVID-19

Fair Work amendments prevent casuals from having their cake and eating it too

The introduction of the Fair Work Amendment (Casual Loading Offset) Regulations 2018 (Cth) will effectively alleviate the opportunity for employees, who have been incorrectly classified as ‘casuals’, from double-dipping on their entitlements...

Published by McCabes News
6 February, 2019
Litigation and Dispute Resolution

Think quick! PPSR Registrations are expiring

The Personal Property Securities Register (PPSR) commenced seven years ago on 30 January 2012. Since then, registering and monitoring securities over personal property through the register has become an intrinsic practice for both bu...

Published by Andrew Lacey
4 February, 2019
Litigation and Dispute Resolution

The Final Report for the Royal Commission: Creating a beast that reaches beyond the financial sector

Commissioner Kenneth Hayne’s final report for the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry was released yesterday to reveal his recommendations to re-install public trust in the conduct, practice...

Published by Andrew Lacey
4 February, 2019
Insolvency

ASIC takes strong stance to “litigate first” following the Financial Services Royal Commission

The Australian Securities and Investment Commission has indicated that its New Year resolution is to be much more litigious. The comments, made by new Commissioner Sean Hughes earlier this month come in the wake of recommendations by Commissioner Dan...

Published by Andrew Lacey
29 January, 2019
Government and Administrative Law

The year ahead for directors: what’s in store for 2019?

The Federal Government has progressed a number of legislative initiatives that will impact on directors and are likely to come into effect in 2019 if they go ahead. The proposed new laws include significantly increasing civil and criminal penalties f...

Published by Andrew Lacey
19 December, 2018
Employment

Costs Orders against Non-Party Directors

The recent case of Vanguard 2017 Pty Limited, in the matter of Modena Properties Pty Limited v Modena Properties Pty Limited (No 2) [2018] FCA 1461 serves as a reminder to directors and other non-parties whose conduct materially influences t...

Published by Andrew Lacey
19 December, 2018
Insolvency

You snooze, you lose – Court refuses to reinstate former directors when winding up almost complete

In a recent case, Emmett AJA of the Supreme Court of New South Wales refused to make an order to terminate the winding up of an incorporated association. In this article, we re-examine the principles with which the Court will have regard when determi...

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