Legal Insights

Red Card! Home Loan Provider Penalised $20 Million in Federal Court
Franchising and Licensing, Corporations Jemimah Fitzgerald Franchising and Licensing, Corporations Jemimah Fitzgerald

Red Card! Home Loan Provider Penalised $20 Million in Federal Court

The Federal Court of Australia has ordered that home loan provider, RAMS, pay a $20 million penalty due to widespread non-compliance with the National Consumer Credit Protection Act 2009 (Cth). Whilst legislation confirms standards and adequate supervision is required by a franchisor, whether it provides adequate protection for consumers before an event has occurred is to be determined.

Read More
Capital Raising – A practical guide

Capital Raising – A practical guide

Raising capital can accelerate business growth, but each funding option comes with different risks and obligations. Our latest article explains the key structures, benefits and challenges to help you choose the right approach for your business.

Read More
Liability in Recreational Activities and Businesses - What Providers Need to Know

Liability in Recreational Activities and Businesses - What Providers Need to Know

Recreational activity providers face unique legal risks. Our latest article outlines how Australian Consumer Law, risk warnings and negligence rules apply, and what steps businesses can take to manage liability.

Read More
Board Decision-Making and Governance - Key Considerations

Board Decision-Making and Governance - Key Considerations

Good board decisions are not just about the outcome — they are about the process behind them.

When considering significant transactions or strategic decisions, directors should ensure they are properly informed, understand the risks involved and maintain clear governance processes.

Read More
Capital Reductions – A practical guide

Capital Reductions – A practical guide

Capital reductions allow companies to return capital to shareholders or cancel shares, but the process is tightly regulated under the Corporations Act and ASIC. Understanding the approval requirements, creditor protections and ASIC steps is essential to avoid risk.

Read More
Shareholder oppression claims and start-up investment – ‘Get your Ducks in a Row’

Shareholder oppression claims and start-up investment – ‘Get your Ducks in a Row’

The case of BBHF Pty Ltd v Sleeping Duck Pty Ltd [2024] provides useful guidance regarding shareholder oppression claims in the context of investment in start-ups.  The decision highlights the need for clear, written shareholder agreements and the objective test applied when assessing whether oppressive conduct has occurred. 

Read More