Law firms (52 items)

'Harsh' bankruptcy law leaves Great Southern borrowers in limbo

A pair of "Great Southern" borrowers that owed A$1.4 million to Bendigo and Adelaide Bank will linger in bankruptcy years longer than the conventional three years, following a late intervention by the bank. An appeal to the Full Court of the Federal Court of Australia has upheld an earlier decision, an outcome labelled as "the result of an uncritical assimilation in the Bankruptcy Act of personal insolvency agreements with compositions." read more

Banks clarify the scope of their Apple Pay application

A group of banks seeking the approval of the competition watchdog to negotiate collectively with mobile wallet providers have narrowed the scope of their application. Their application now relates only to Apple and they have taken security standards off the table. read more

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