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Centro Shareholder Class Action Resolves
A class action issued out of the Federal Court of Australia by shareholders seeking losses of in excess of $500 million from Centro has reportedly settled for $200 million making it one of Australia's largest shareholder class action settlements.
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Funding Slashed for Fair Work Ombudsman
In the wake of the Federal Budget on 8 May 2012, the Fair Work Ombudsman ("FWO") is set to take a hit and will look to shed around 70 jobs over the next financial year.
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The Five W's of Disclosure Statements
Franchisors operating in the retail context need to be aware of their obligations under each State-based retail leasing law. In many franchise networks, the Franchisor will hold the head lease and grant franchisees a right to occupy the premises.
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Case Report: NRL Investments Pty Ltd v Singtel Optus Pty Ltd
The decision of the recent case of National Rugby League Investments Pty Limited v Singtel Optus Pty Ltd has reaffirmed the value of licencing of digital rights by sporting organisations.
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