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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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NOTICE BOARD
Aug 30, 2010 - ENDURING POWER OF ATTORNEY - ADDRESSING SMSF TRUSTEE SUSTAINABILITY
Aug 30, 2010 - NOT ALL 'AMBULANCE CHASERS' CHASE AMBULANCES
Aug 30, 2010 - THE WORKPLACE – WHAT IS DISCRIMINATION OR HARASSMENT?
Aug 30, 2010 - SERVICE OF COURT DOCUMENTS BY FACEBOOK
Aug 30, 2010 - ASIC SHEDS SOME LIGHT ON DIRECTOR'S DUTY TO PREVENT INSOLVENT TRADING
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