Commercial Dispute Resolution
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Triangle Wars the movie - strikes back
Posted by Anton DunhillAfter years of battling on the streets and in the Victorian Civil & Administrative Tribunal, our client unChain St Kilda successfully achieved its goal and the goal of many St Kilda residents in preventing the proposed redevelopment of the St Kilda Triangle.
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Defending claims brought by David Tweed of Direct Share Purchasing Corporation
Posted by James MatthiesWe are currently acting to defend a client who is being sued by notorious share market raider David Tweed through his company Direct Share Purchasing Corporation.
Mr Tweed’s modus operandii is to require company’s to provide a list of their share registry, which under present laws they are required to provide. He then mails out low-ball offers to purchase shareholders’ shares or units at around 50% of their market value. Usually a fraction of the offerees will accept and Mr Tweed will make an immediate 50% profit by his acquisition.
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RECRUITMENT AGENT’S ILLEGAL RESTRAINT OF TRADE
Posted by Stephen CurtainIn Earth Force Personnel Pty Ltd v E A Negri Pty Ltd & Anor [2010] VSC 426 (22 September 2010), Hargrave J was required to determine whether a condition that was included in a labour hire agreement was an unenforceable penalty and/or whether it operated as an unenforceable restraint of trade.
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A recent unreported case in the County Court highlights the need to keep business and friendship separate.
Posted by Stephen CurtainIn this case a concreter, whose company had a credit line with a supplier, was asked by a friend for permission to use his account to obtain a concrete on credit for his jobs. The concreter accepted the request and the arrangement was a casual one with no paperwork or documentation.
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ASIC cracks down on Credit Providers : THE NATIONAL CREDIT CODE
Posted by Michael O'BrienOn 1 July 2010, the National Credit Code (“the Credit Code”) came into force, replacing the consumer credit codes of the States and Territories. ASIC has responsibility for the administration of the Credit Code.
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