Gaming Machines: Federal Court of Australia dismisses allegations of misleading and deceptive conduct in Shonica Guy v Crown Melbourne Limited & Anor
An application brought in an Australian Court that Aristocrat’s Dolphin Treasure electronic gaming machine (or EGM) was misleading and deceptive in contravention of the Australian Consumer Law (ACL) has been dismissed.
ROT clauses and the PPSA – Is possession still nine-tenths of the law?
If a seller of goods goes into liquidation in the era of the Personal Property Securities Act 2009 (Cth) (PPSA), whose interest in goods prevails in a contest between the liquidator, an unpaid supplier with retention of title (ROT) rights and a third party purchaser?
Converting the form of Liquidation – More bang for the Liquidator's buck
Early in his or her appointment a liquidator in a creditors' voluntary liquidation (CVL) should consider applying to the Court to convert the CVL to a Court ordered winding up in insolvency. Conversion may benefit the unsecured creditors, in whose interests the liquidator acts, by enabling the liquidator to pursue claims and make recoveries not available in a CVL.
The reasons liquidators have applied for conversion include:
• Obtaining the benefit of a directors' and officers' liability insurance (D&O) policy;
• Accessing recovery provisions of the Corporations Act 2001 (Cth) (Act) not available in a voluntary winding up.
Insolvency Legal Update
Welcome to the Addisons Insolvency Update for July 2012.
Recent months have brought many developments in the insolvency, corporate and financial services fields. We report on some of these.
Insolvency - Legal Update
Welcome to Addisons Insolvency Update for March 2012.
Recent months have brought a myriad of legal developments in the insolvency/restructuring field. We report on some of these.
BComm (Accounting) LLB - University of New South Wales
Graduate Member of the Insolvency Practitioners Association of Australia
Directors’ Duties - "Should we?" - the High Court says "NO" in ASIC v Lewski
06 February 2019
APRA’s 2018 review into CBA’s corporate governance practices recommended injecting into CBA’s DNA a “should we?” question in relation to all dealings with and decisions on customers. The High Court expressed a similar sentiment in its recent decision in ASIC v Lewski, reminding company boards of the high standard expected of directors in making decisions when the stakes are high, the amounts involved are significant and there are potential conflicts of interest involved. The court at first instance also made some helpful observations in relation to when a director can or should rely on professional advice in making a determination, which is summarised in the article.
Gambling Law & Regulation Newsletter - December 2018
21 December 2018
Welcome to the December 2018 edition of the Addisons Gambling Law & Regulation Newsletter.
This newsletter contains Focus Papers published recently by Addisons concerning various issues relating to gambling regulation in Australia and recent developments that are likely to have an impact on the gambling sector during 2019.
Commercialisation of Intellectual Property
14 November 2018
In this edition of BenchTV, Partner, Donna Short and Special Counsel, Hazel McDwyer discuss the phases of a commercialisation project, the types of intellectual property in commercialisation agreements, and the need for the protection of intellectual property both on a domestic and global scale.