No-no to Inflated Franchise Income Claims

Franchisors need to be careful that they do not mislead potential franchisees with the hope that they will receive a minimum 'guaranteed' income. The Australian Competition & Consumer Commission ("ACCC") is closely monitorin...

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Administrators use s447D to Allow the Sale of Unclaimed Plant and Equipment

The evidence before the court established that: there were 995 registrations on the Personal Property Securities Register ("PPSR") even after writing to all creditors who had an interest recorded in the PPSR about 80% of s...

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New Reporting Framework for Resources Companies

Last month, the Australian Securities Exchange (ASX) released its consultation paper on changes to the Listing Rules which will require enhanced disclosure of reserves and resources by listed resource companies. The Joint Ore Rese...

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New Laws to Affect Incorporated Associations

Earlier this year, the Victorian Parliament passed the Associations Incorporation Reform Act 2012 ("Act"). The Act will replace the Associations Incorporation Act 1981 when it comes into force on 26 November 2012. There will be...

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Content Classification to be at the Forefront of New Media Technology

Recently, the Australian Law Reform Commission (ALRC) finished a review of Australia's classification laws. This was the first review of its kind in two decades. In that 20-year period, technology has rapidly progressed, making cu...

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Facebook Users get Tagged by Judge for Unacceptable Behaviour

Jail time for a Facebook stunt goes to show that what you do with social media can have real world legal consequences. It is important to recognise that the laws that apply in the real world also apply in cyberspace. Earlier in...

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