penalties

Unconscionable and immoral corporate conduct – nothing personal

In imposing a $153 million penalty on a company already in liquidation, for its “deliberate and protracted unconscionable conduct of …

Regulatory penalties

Sanctions imposed by courts for breaches of competition or regulatory laws have to tread a line between being so severe …

Penalties and bankruptcy

A person in breach of consumer protection laws concerning the hire of  4 wheel drive vehicles has been ordered to …

Insolvency Law Bulletin – penalties, phoenix & preferences, franchises & offence reports

The latest issue of the Insolvency Law Bulletin (2019) 20(4&5) covers some very topical issues. The Halifax Investment Services matter …

ASIC’s deterrence message – “no point just communicating this into the Fin Review”.

ASIC gave some useful insights before the recent Senate oversight hearing[1] on 13 September as to the reality of the …

Flying low – an airline’s ‘extraordinary’ response to a $19m penalty

A major international airline turned up to court to seek a stay of a A$19m penalty with evidence so inadequate …

Lifting the fear and suppressing the greed – a Senate committee report on penalties for white collar crime

A long awaited Senate committee report on penalties for white collar crime was issued on 23 March 2017 under the …

Senate inquiry

On 29 November 2016, the Senate referred the following matters to the Economics References Committee for inquiry and report by …