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Syndicated lending is a well-established way for banks to share risk in financing projects, but can reduce competition.

It is common practice for contractors to enter into joint venture arrangements (JVs) when working on major infrastructure/construction projects. However amendments to the Trade Practices Act 1974 (Cth) (TPA) introducing new criminal offences and civil penalty provisions for cartel conduct came into effect on 24 July 2009.

The National Consumer Credit Protection Bill 2009 (Bill) was introduced into Parliament today together with other consequential Bills which together comprise the National Consumer Credit Protection legislative package (Legislative Package).

ASIC yesterday released two policy proposals, Consultation Paper 108 Margin lending: training of financial advisers and Consultation Paper 109 Margin lending: Financial requirements.

The Amendment Bill, if passed, will alter the definition of "PPS lease" in the Personal Property Securities Act 2009.

Employers can use set-off clauses to pay their employees an all-inclusive rate. The Fair Work Ombudsman has confirmed that it considers set-off clauses as a valid means of making payments.

A quick look at the amendments following the Franchising Code of Conduct.

Foreign retailers operating without an Indian partner should consider if they can meet foreign investment conditions.

Norton Rose are pleased to present new and revised transaction guides, forming part of their Asia Pacific commercial law series.

A retention of title clause (also known as a Romalpa clause) is a contractual provision used in supply agreements under which the supplier retains ownership of goods supplied until payment is received.

The ACCC has consistently stated that Franchisors cannot circumvent the Code by simply claiming that the agreement is not a franchise agreement.

Discusses updates to the Bribery Act in the UK.

In Lumbers v W Cook Builders a land owner (Lumbers) entered into an oral contract with a building company, W Cook & Sons Pty Ltd (Sons), to perform building works. In actual fact, and unbeknownst to Lumbers, those building works were carried out by another related building company, W Cook Builders Pty Ltd (Builders) after a Sons company restructure.

Innospec is facing a US$42m claim in the English High Court.

The amendment bill received its second reading in the Victorian Legislative Assembly and is listed for resumed debate.

Consequences for failing to meet obligations in relation to wage theft are likely to become more significant.

ASIC finalised the revised fees and costs disclosure requirements for PDSs and periodic statements, and updated RG 97.

Senator The Hon Nick Sherry, Minister for Superannuation and Corporate Law, announced the release of the draft Corporations Legislation Amendment (Financial Services Modernisation) Bill 2009 and related material.