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BLB NEWSLETTERS | BUSINESS LAW BRIEF
LATEST ISSUE - BLB Newsletter - June 2009
BUSINESS LAW
GOOD NEWS STORIES This month was by far the best month we have had since the talk of doom and gloom started. Good news about recovering economies in both domestic and international markets filled many columns in the paper. Here are just a few of what we saw this month.
FAIR WORK ACT TWILIGHT SEMINAR - 7TH JULY 2009 The Fair Work Act will change the existing workplace laws as significantly as Work Choices did only a few years ago.
This seminar will focus on important aspects of the new workplace employment laws and how the changes will affect the small business sector. It will provide analysis and commentary on key aspects of the legislation and focus on strategies for avoiding problems like unfair dismissal claims.
WAS NOW PRICING “THIS AMAZING PRODUCT WAS $199 NOW ONLY $99! SAVE $100” We see these kinds of ads everywhere. It’s called ‘was/now’ pricing and lately there has been new case law in determining when such pricing is held to be misleading.
FINANCIAL SERVICES
POSSIBLE INCREASES TO THE MAXIMUM CLAIMS ACCEPTED BY THE FINANCIAL OMBUDSMAN SERVICE (FOS) Recently, the FOS Board approved proposed changes to its Terms of Reference which could see an increase in the maximum accepted claim to $500,000 which a consumer can lodge with FOS against a financial service provider
ESTATE PLANNING
CHANGES TO INTESTACY LAWS: WHAT WILL HAPPEN IF YOU DON'T HAVE A WILL Intestacy law in NSW will change soon as part of the process to bring all state succession laws in Australia into line.
DISPUTE MANAGEMENT
A COMPANY OWES ME MONEY AND IT HAS APPOINTED AN ADMINSTRATOR, WHAT NOW? A corporate customer owes me money and I have now found out that it has gone into voluntary administration. What are the steps of the administration? Am I going to get some money?
FRANCHISING
DISTRIBUTION AGREEMENT OR FRANCHISE? A client asked us to review their Widget distribution agreement from their supplier, Widgets–R–Us (not their real name). Our review of the agreement revealed that the business proposition being offered by Widgets – R – Us was actually a franchise and therefore the agreement was subject to the Franchising Code of Conduct (the Code).
LIFE’S TOO SERIOUS
THIS MONTHS JOKE Did you ever wonder why there are no dead penguins on the ice in Antarctica- where do they go?
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