Upcoming changes to unfair contract term legislation

Unfair contracts legislation came into effect around November 2016 targeting standard form contracts of large businesses that were unfair to and taking advantage of the consumer.  Since its introduction there have been a few amendments, the biggest being extending the definition of consumer to include small businesses. 2021 is bringing further amendments which are quite [...]

2021-02-11T00:12:37+00:00February 11th, 2021|Business Advice, Contracts, Corporate Advisory|Comments Off on Upcoming changes to unfair contract term legislation

ASIC Cyber Security Proceedings Initiated

ASIC has commenced proceedings against RI Advice Group Pty Ltd in the Federal Court of Australia for alleged failure to have adequate cyber security systems in place.  This marks the first time that ASIC have instituted proceedings of this kind recognising the importance of cyber security as well as the continued spotlight on financial services [...]

2021-02-01T09:36:33+00:00February 1st, 2021|Business Advice, Compliance, Corporate Advisory, Data Protection|Comments Off on ASIC Cyber Security Proceedings Initiated

Does COVID-19 Apply to Business Interruption Insurance? – New South Wales Court of Appeals Decision

The New South Wales Court of Appeal has recently handed down a decision that looked into Business Interruption insurance cover and whether COVID-19 related interruptions would be included or excluded. Business Interruption insurance cover historically includes exclusions for losses relating to quarantinable or infectious diseases that were applied globally to insurance policies, specifically following the [...]

2020-12-07T07:01:06+00:00December 7th, 2020|Business Advice, Corporate Advisory|Comments Off on Does COVID-19 Apply to Business Interruption Insurance? – New South Wales Court of Appeals Decision