News

The Court’s Power To Terminate A Company’s DOCA

Justice Sifris in the recent Supreme Court decision of Eco Heat (Vic) Pty Ltd v the Syndicate Forty Four Pty Ltd (Subject to DOCA) & Ors [2018] VSC 156 used his power under the Corporations Act 2001 (Cth) to terminate a Deed of Company Arrangement executed by creditors. His Honour demonstrated the Court’s power to use such measures where corporate morality or public interest issues arise.

Paying The Price: Australia’s Low Competition Law Penalties

In March 2018, the Organisation for Economic Co-operation and Development (OECD) released a report which found that Australia’s penalties for contraventions of competition law are substantially lower compared with the financial penalties regime for breaches of competition laws in several other major OECD jurisdictions.

The report, Pecuniary Penalties for Competition Law Infringements in Australia 2018, was released in late March 2018 and was the product of several months of consultation with various Australian and international stakeholders.

Franchising Injunctions: Preserving Your Rights And Maintaining The Status Quo

Injunctions play a key role in franchising. They are a specific tool that enables franchisors to enforce terms, relating to protecting their brand and trademarks, reputation and their franchises generally. They can also be used by franchisees to prevent a franchisor from wrongfully terminating their franchise arrangement.

Recently, Justice Barker of the Federal Court dismissed an urgent application for an injunction in the matter of W Hoy Pty Ltd v W.T.H. Pty Ltd [2018] FCA 310. His Honour determined this was not a matter where an injunction should be granted. He said that while some of the claims were arguable, they were not strong, and as such, the balance of convenience and justice did not warrant the granting of an injunction, as damages were an adequate remedy.

Alicia Hill named in 11th Edition of The Best Lawyers™ in Australia

It is with great pride that we announce that Alicia Hill, Principal, has been included in the 11th Edition of The Best Lawyers™ in Australia for her work in Litigation.