ASIC commences landmark proceedings against RI Advice Group Pty Ltd for inadequate cyber security

Following multiple cyber-attacks to financial service adviser RI Advice Group Pty Ltd (RI), the Australian Securities and Investments Commission commenced proceedings against RI alleging contravention of its obligations under the Corporations Act 2001 (Cth) (Corporations Act) for failure to have adequate cyber security systems as an Australian Financial Services licence holder.

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Not For Profit Harwood Andrews Not For Profit Harwood Andrews

Charity & Not-for-Profit Webinar

Harwood Andrews was very pleased to host the Commissioner of the Australian Charities and Not-for-Profit Commission (ACNC), The Hon Dr. Gary Johns as our keynote speaker for our Charity & Not-for-Profit event, this year held as a live webinar.

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Sony ordered to pay $3.5 million for misrepresenting consumer rights

The Australian Competition and Consumer Commission (ACCC) has continued its rampage on the online marketplace industry in ACCC v Sony Interactive Entertainment Network Europe Ltd [2020] FCA 787, as it continues to vigilantly protect Australian consumers that purchase items online.

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COVID-19 Company Admin Update

Further to our article here where we wrote about the Australian Securities and Investments Commission’s (ASIC) guidance regarding annual general meetings and the COVID-19 pandemic, the Treasurer has released the Corporations (Coronavirus Economic Response) Determination (No 1) 2020 (Cth) (Determination), which commences on 6 May 2020 and will be automatically repealed on 5 September 2020.

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ASIC v King – Are you an “officer” of a company?

In this case, the High Court reiterated that a person can be deemed to be an “officer” of a company even if that person does not hold a position as a named ‘Director’ or ‘Secretary’.

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Business Structuring, Tax Paul Gray Business Structuring, Tax Paul Gray

Farmers – Keep those records!

The case of Annat v Commissioner of State Revenue [2020] VSC 108 (Annat) serves as a timely reminder for those operating a farm about difficulties faced by farming land owners in continuing to qualify for a primary production land tax exemption and the importance of ensuring that their structuring and record keeping practices are up to scratch.

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Family Law Tara Paatsch Family Law Tara Paatsch

Parenting arrangements and a Pandemic

The parenting arrangements for children of separated parents can be difficult to navigate at the best of times. So, what happens when a global pandemic is also a factor in these parenting arrangements?

Whilst there is no specific family law legislation to cover the current covid-19 crisis, if there are Family Law Orders in place with respect to your parenting arrangements, you must seek to comply with those Orders.

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Commercial Leasing Vittoria De Stefano Commercial Leasing Vittoria De Stefano

Government Announces details of COVID-19 mandatory commercial leasing Code

Over the last few weeks, landlords, tenants and their lawyers have been awaiting guidelines from the Government to assist in their lease negotiations. While further legislation is required from each of the States, the Prime Minister released the National Cabinet Mandatory Code of Conduct SME Commercial Leasing Principles During COVID-19 (Code) on 7 April 2020.

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