BLB News

FEDERAL COURT HANDS DOWN A PECUNIARY PENALTY OF $5.26 MILLION FOR MISLEADING CONDUCT

27/10/2011

In a recent Federal Court decision in ACCC v Singtel Optus Pty Ltd (No 4) [2011] FCA 761, the Court handed down a significant penalty of $5.26 million to Singtel Optus for misleading advertising.

PRE-EMPTIVE RIGHTS OF SHAREHOLDERS AND THE PPSA

27/10/2011

An interesting question has arisen which demonstrates (or at least we believe it does!) the potential breadth and scope of PPSA.

HIGH COURT HOLDS HUSBAND WAS A TRUSTEE AND HAD TO COMPENSATE WIFE FOR NOT COLLECTING RENT ON PROPERTY

29/09/2011

In August the High Court handed down a decision which held a husband held a half interest in a property on trust for his wife because he signed an Acknowledgment of Trust and extrinsic material to the Acknowledgment was not admissible to show there was no intention to create a trust.

A SUPER FUND CAN BORROW AND DEVELOP PROPERTY

29/09/2011

There is a way that a self managed super fund can take out a limited recourse loan to acquire property and then essentially develop that property, notwithstanding the prohibition in s.67A of the SIS Act.

MY LIVING WILL

29/09/2011

Last night, my kids and I were sitting in the lounge room and I said to them: