Stephens Lawyers & Consultants Legal Update: January 2013 Federal Court rules that the ‘corporate world should know that it is wrong to engage in … deceptive business practices and doing so will incur the risk of large penalties’ Business should be aware that there are significant penalties that attach to offences under the Australian Consumer… Read More
Read moreThe new Personal Property Security Register is particularly relevant to franchise businesses. This update provide an overview of the complex law with regards to franchises business [read more].
Read moreThe Personal Property Securities Act 2009 (Cth) (PPS) came in affect on 30 January 2012 and introduced an Australia-wide legislative scheme for registering and enforcing all personal property securities. It replaces the State based registers with a single national electronic PPS register. This update provides an overview of the Act and its application to business,… Read More
Read moreSince the expansion of the ACCC’s enforcement powers on 1 January 2011 under the Australian Consumer Law reforms, the ACCC now possesses extensive audit powers to monitor compliance with industry codes prescribed under the Competition and Consumer Act 2010. Currently, four industry codes are prescribed under this legislation, including: the Franchising Code, the Horticulture Code,… Read More
Read moreThe recent Federal Court decision in relation to the Metcash and Franklins proposed acquisition, highlights the commercial challenges that companies or businesses will face, if the competition regulator, the ACCC, refuses the merger/acquisition clearance and takes legal action to restrain the acquisition. This update provides a summary of the Federal Court decision, ACCC v Metcash,… Read More
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