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The full media release can be accessed here. 3             The Federal Court finds that a term in Auto & General Insurance Company’s contracts is not unfair On 22 March 2024, the Federal Court in ASIC v Auto & General Insurance Company limited [2024] FCA 272 handed down the first decision to apply the unfair contract terms (UCT) regime in the context of insurance since its… [read post]
7 Apr 2024, 9:05 pm by renholding
Normative foundations of business may include the moral and not only economic value of promises, morally articulated fiduciary duties of agency (including duties of care, candor, and loyalty), and the obligation to show respect to all business participants, including a moral imperative to treat employees and customers as people who deserve dignity and due recognition – and not merely as means to the ends of making profits for others.[20] Adam Smith and his followers in… [read post]
29 Mar 2024, 7:28 pm
U.S. companies are among the most sought-after partners across the globe because they take seriously their responsibility to follow the rule of law, uphold human and labor rights, and strengthen the communities in which they operate. . . [read post]
26 Mar 2024, 2:38 am by CMS
In this post, Adam Ferris (Senior Associate) in the Finance Disputes Team at CMS and Henry Powell (Associate) in the Real Estate Disputes Team at CMS comment on the judgment of the Supreme Court in Byers and Ors v Saudi National Bank [2023] UKSC 51, which was handed down on 20 December 2023. [read post]
25 Mar 2024, 5:00 am by Doug Cornelius
In SEC v Capital Gains Research Bureau the US Supreme Court said a pump and dump scheme by an investment adviser violated its fiduciary duty. [read post]
14 Mar 2024, 5:50 am by Harold Hongju Koh
Private cell phone companies granted universal roaming, and Ukraine’s grid never went down. [read post]
12 Mar 2024, 1:49 pm by Guest Author
” She saw her efforts as complementing the “pressure upon the banks that finance the NRA” at issue in Vullo. [read post]
8 Mar 2024, 6:02 pm
A president, my predecessor, failed in the most basic presidential duty that he owes to American people: the duty to care. [read post]
6 Mar 2024, 9:01 pm by renholding
Rather, they use their holdings as a means to force companies to disclose information related to political and social issues important to them but that may not be relevant to those companies’ business or shareholders generally. [read post]
27 Feb 2024, 5:50 am by Preston Lim
Canada has both a legal and moral duty to counter Russian aggression and to support Ukraine but must make sure to abide by international law in its response. [read post]
ASIC has cautioned that future cases may move beyond misleading and deceptive conduct to licence obligations, directors and officers duties and a range of other obligations. [read post]
15 Feb 2024, 9:01 pm by renholding
Beyond these general challenges, I’ll turn to issues about AI, finance, and the law. [read post]
15 Feb 2024, 1:23 pm by Kevin LaCroix
Shareholders reacted by suing the Disney board for breaching their fiduciary duties, including a claim for a breach of the duty of loyalty and for corporate waste. [read post]
15 Feb 2024, 9:22 am by centerforartlaw
(Accent Delight), an offshore company with Dmitry Rybolovlev as the ultimate beneficial owner, v. [read post]