Monthly Archives: May 2012

Sydney Corporate Partner, Brendon Noney, recently led Thomsons' Sydney Corporate team in advising an international IT Service Management, IT Assets Management and Customer Service Management company on Australian privacy and cross border data flow issues relating to the adoption of cloud computing technologies by Federal, State and Local Governments.

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On Monday 28 May 2012, the National Business Names Registration System will go live. This new system will affect all people and entities 'carrying on a business' and franchisors must be aware of its implications for them and their franchisees. Download our alert now to read about the new system and what it means for you.

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Optus' TV Now Service has been suspended indefinitely less than a year into its operations after the Federal Court unanimously overturned the first instance judgment of Rares J to find that the TV Now Service infringed the copyright of the National Rugby League, the Australian Football League and Telstra.

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Thomsons advised on the first 31 sales in the luxury Becton multi-tower residential development at Waterloo in Sydney, which settled on Friday 18 May, 2012. Becton refers to this development as the "Jewel in the Crown" of their current assets.

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Local councils will pay more for waste disposal under the Carbon Pricing Mechanism which is set to commence on 1 July 2012. This Alert considers the principal issues associated with waste disposal that need to be considered by local councils with direct liability, or indirect liability, for the Carbon Tax.

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conjunction with Retirement Villages Association and CB Richard Ellis, Thomsons' Health & Aged Care Group are hosting a series of events during May.

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Recently, the annual BRW Fast Starters list was released, featuring Rafferty's Garden, Home Appliances and Appen Butler Hill, three companies that make up the portfolio of private equity company, Anacacia Capital.

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On 17 April 2012, the Treasury issued a revised exposure draft of the Tax Laws Amendment (2012 Measures No.4) Bill 2012: tax exempt body ‘in Australia’ requirements, and associated explanatory materials and fact sheet. This follows a round of public consultations on an earlier version of the exposure draft and explanatory materials.

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The High Court has overturned the NSW Court of Appeal’s decision in finding that seven non-executive Directors of James Hardie Industries Ltd (JHIL) had breached their duties to JHIL by approving the release of a misleading announcement to the ASX regarding the sufficiency of funds available to meet asbestos related claims made against JHIL.

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According to the Australian Bureau of Statistics projections, one in four Australians will be aged 65 or older by the year 2056. Enter the Government’s 10 year Living Longer Living Better Plan which includes a reform package of $3.7 billion over five years and which was announced on 20 April 2012.

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