Disputes in the banking and financial services sector regularly bring together a complex set of legal and commercial issues.
Strategic advice sought at the outset can be invaluable when considering how to manage risk and the most effective way forward on any matter. Hall & Wilcox has a team experienced in this area, who work to devise a strategy for each dispute which takes into account the risks and rewards of any action.
We are able to draw on expertise in finance and banking law, financial regulation, insolvency, regulatory issues as well as litigation to bring together a team of experts to advise on all areas aspects of a dispute.
- Representing the non-executive directors of Banksia Securities Limited in relation to a class action filed on behalf of debenture holders, as well as an ASIC investigation and public examination hearings commenced by the receivers and managers.
- Successfully representing Bank of Cyprus Australia in Federal Court and then Supreme Court proceedings in significant recovery proceedings.
- Successfully representing a major bank in connection with the recovery of a business debt of more than $2 million secured by several residential and commercial properties in two states, joint and several guarantees and cross-guarantees and registered charges given by three associated entities.
- Acting for Bendigo and Adelaide Bank in defence of $2.4 million Supreme Court of Victoria proceedings commenced by McDonald’s Australia, involving contract breach and property/leasing issues.
Litigation & Dispute Resolution| 06 Jul 2021
Vocational Education and Training sector update: winter 2021 – regulatory changes, audits and enforcement activities
This is the first in our series of seasonal updates that provide a brief overview of the regulatory changes, recent key cases and upcoming events for those in the Australian vocational education sector.
Litigation & Dispute Resolution| 01 Jul 2021
In another move to protect small business owners, the Federal Government has permanently raised the minimum debt required to serve a statutory demand from $2,000 to $4,000, effective 1 July 2021.
Litigation & Dispute Resolution| 22 Jun 2021
With the end of financial year around the corner for many companies, it is timely to consider the requirements of the ASIC Corporations (Wholly-owned Companies) Instrument 2016/785 and take action to rectify any noncompliance.
Litigation & Dispute Resolution| 09 Jun 2021
The Victorian Government has recently made many of the temporary processes and procedures implemented in response to COVID-19 permanent, with the commencement of the Justice Legislation Amendment (System Enhancements and Other Matters) Act 2021 (Vic).