Publications (1001)

In December 2014, ASIC issued Class Order [CO 14/1252] (Class Order) to address concerns about how some industry participants were adopting interpretations of "indirect costs" for superannuation products whereby the costs associated with investing through "interposed vehicles" were not included in indirect costs disclosure, and to remedy other drafting anomalies and inconsistencies in terminology introduced by the Stronger Super reforms.

On 23 February 2015, the ACCC announced that Kia Motors Australia Pty Ltd (Kia) had advertised its capped price servicing offer in a way that was likely to amount to false or misleading representation in breach of the Australian Consumer Law.

On 24 February 2015, the Australian Automotive Dealer Association (AADA) announced that former Mazda Australia Managing Director, Doug Dickson, had accepted a nomination by AADA to be appointed as the inaugural Independent Chairman to the proposed new Australian Motor Dealer Council.

The Australian Securities and Investments Commission (ASIC) has obtained a significant judgment which it describes as a 'landmark case for the consumer credit regime', with a record penalty recently ordered by the Federal Court.

The Australian Securities and Investments Commission (ASIC) has obtained a significant judgment which it describes as a 'landmark case for the consumer credit regime', with a record penalty recently ordered by the Federal Court.

In this edition, our Brisbane-based corporate and commercial lawyers cover key legal issues including warranty protection, business exit strategies, execution of deeds and liquidated damages clauses.

When negotiating documents, whether for the acquisition of a business or otherwise, the document ought to contain warranties to cover the risks associated with the transaction.

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