Financial Services| 30 Sep 2022
The Federal Court has dismissed legal action brought by ASIC against members of the CBA group relating to alleged breaches of the prohibition against paying conflicted remuneration.
Insolvency & Restructuring| 30 Sep 2022
The Federal Government’s inquiry into corporate insolvency in Australia follows calls for a ‘root and branch’ review of corporate insolvency law.
Insolvency & Restructuring| 01 Aug 2022
The Victorian Supreme Court has handed down its first judicial decision regarding a mortgagee sale which arose during the COVID-19 lockdowns.
Litigation & Dispute Resolution| 25 Mar 2022
The recent decision of the High Court in Stubbings v Jams 2 Pty Ltd [2022] HCA 6 provides a clear cautionary tale for lenders of last resort regarding asset-based lending and a failure to consider the financial circumstances of borrowers and guarantors.
Financial Services| 13 Sep 2021
ASIC has now published its updated and final guidance on the new breach reporting regime for AFS and credit licensees that will apply from 1 October 2021.