From www.investmentlawwatch.com: [US context] Two investors have filed a class action lawsuit against a major asset management firm, alleging that its use of third-party tracking tools, including Meta Pixel and Google Analytics, violates anti-wiretapping laws due to lack of user consent.… read more
From gtlaw.com.au: ASIC emphasises compliance and transparency in financial reporting for FY25-26, with a focus on audit practices and investment portfolios.
The Takeovers Panel addresses shareholder association concerns and delisting applications, while legal guidance on director resignation highlights key principles.… read more
From mdl.com.au: The updated Unfair Contract Terms (UCT) laws now prohibit unfair terms in standard form contracts, particularly affecting small businesses in the construction and infrastructure sectors.… read more
From allens.com.au: Businesses are urged to enhance their human rights commitments amidst growing regulatory trends, including mandatory due diligence consultations and increased scrutiny on ESG disclosures.… read more
From piperalderman.com.au: The Australian Competition and Consumer Commission outlines its compliance and enforcement priorities for 2025-2026, targeting competition issues in sectors like supermarkets, retail, and essential services, while addressing misleading pricing and environmental claims.… read more
From sladen.com.au: The Victorian Supreme Court’s decision in Beecham Motors Pty Ltd v General Motors Holden Australia NSC Pty Ltd emphasises the importance of precise contractual language, ruling that GM Holden was not obligated to supply vehicles throughout the contract term due to the imprecise language in the agreement.… read more
From gtlaw.com.au: A parliamentary inquiry examines wholesale client tests under the Corporations Act 2001, focusing on financial thresholds and their implications for investor protection and market access.… read more
From hallandwilcox.com.au: AUSTRAC released the second exposure draft of the Anti-Money Laundering and Counter-Terrorism Financing Rules 2025, which will overhaul Australia’s AML/CTF framework and affect existing and new reporting entities.… read more
From gtlaw.com.au: ASIC has issued new guidance for buy now pay later providers and updated its processes to include electronic signatures and a digital licence application portal.… read more
From www.spruson.com: Filing a provisional patent application can present numerous challenges for inventors, especially those who choose to self-file.
Key issues include maintaining proper filing strategy, managing disclosures before and after filing, and ensuring the patent specification is adequately drafted to meet legal requirements.… read more
From jws.com.au: ASIC’s Regulatory Guide 281 outlines that starting June 10, 2025, low-cost credit contracts (LCCCs) and buy now pay later (BNPL) contracts will be regulated under the National Consumer Credit Protection Act 2009.… read more
From sladen.com.au: On March 6, 2025, the Victorian Supreme Court ruled in Duke Ventures Wellington Street Pty Ltd v. Cobolt Constructions Pty Ltd that a debtor can utilise offsetting claims to set aside a statutory demand based on a judgment debt from the Building and Construction Industry Security of Payment Act 2002 (Vic).… read more
From pointonpartners.com.au: Clorox Australia Pty Ltd was ordered by the Federal Court of Australia to pay $8.25 million for misleading environmental claims about its “Glad to be Green” trash bags, which were incorrectly marketed as being made of “50% Ocean Plastic Recycled.”… read more
From unifiedlawyers.com.au: A Departure Prohibition Order (DPO) prevents individuals with significant debts, such as unpaid taxes or child support, from leaving Australia.
Issued under federal law, DPOs are enforced at international departure points and can lead to severe penalties if ignored.… read more
From gtlaw.com.au: AICD released guidance to help directors enhance data governance and manage cyber risks.
ACCC initiated legal action against Beacon Products Pty Ltd and Zandox Group Pty Ltd for alleged unfair practices.… read more