Legal Updates

Design and Distribution Obligations and Product Intervention Powers legislation has been passed

The long-awaited Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Bill 2019 (DDO & PIP Act) has passed and received Royal Assent on 5 April 2019.

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New York Mandates 3 Hours Paid Time Off to Vote

In an announcement about New York’s budget for fiscal year 2020, New York Governor Andrew Cuomo highlighted, among other things, an amendment to Section 3-110 of New York’s Election Law mandating three hours of paid time off for all New Yorkers to vote on election day.

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Seven Hall & Wilcox Partners partners named finalists for 2019 Partner of the Year Awards

Hall & Wilcox is pleased to have seven partners named finalists in the Lawyers Weekly 2019 Partner of the Year Awards.

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Early stage innovation tax incentives for sports technology and esports

Sports technology and esports are innovative and rapidly growing industries that have spawned many new business ventures, the investors in which may be eligible for certain tax concessions under the Federal Government’s early stage innovation company (ESIC) scheme.

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Changes to warranty documentation requirements – are you ready?

Warranties against defects

Suppliers or manufacturers of goods or services may wish to provide promises to consumers about what they will do in the event that there is a defect in the relevant good or service, such as repairing or replacing the good, providing the service again or compensating the consumer.

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Hall & Wilcox advises Compass and Hume on largest social bond issuance in Australia

Leading Australian law firm Hall & Wilcox has separately advised Compass Housing Services and Hume Community Housing Association on the first round of the National Housing Finance and Investment Corporation (NHFIC) loans.

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Employer able to recover stolen funds from employee despite settlement agreement

In a recent decision1, the Queensland Court of Appeal upheld a decision that a deed of release, drafted in general terms to release the employee from all claims arising from her employment, did not extend to conduct the employer was unaware of at the time of execution.

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Financial Services in Focus – Issue 22

Funds and financial products

Design and Distribution Obligations and Product Intervention Powers legislation passes Senate

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Unemployment no automatic entitlement to weekly payments

The District Court has recently dismissed a worker’s appeal against a finding that he was not entitled to weekly payments on the basis of total incapacity for a period after he was made redundant until he obtained new employment and thereafter for a residual partial incapacity.

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Harden Your Organization’s Domain Name System (DNS) Security To Protect Against Damaging Data Loss and Insider Threat

The importance of the Domain Name System (DNS) to your organization’s cybersecurity cannot be understated. Communications between computers on the Internet depend on DNS to get to their intended destination. Network communications begin with a query to DNS to resolve the human readable domain name to a numeric Internet Protocol (IP) address required by computers to route the transmission. A malicious party who is able to exploit a weakness in DNS can re-route sensitive traffic, including Protected Health Information (PHI), Personally Identifiable Information (PII) and other valuable information from the intended recipient to the malicious actor. Indeed, as recent attacks on DNS indicate, even encrypting the communication may not be an effective countermeasure because the transmission can be decrypted after interception. Malicious employees and other insiders may also abuse DNS as a side channel to covertly exfiltrate the organization’s most sensitive proprietary information avoiding Data Loss Prevention (DLP) countermeasures that may operate at different layers of the communication process. The recent attacks reported by the Department of Homeland Security reinforce the need to protect DNS functionality as a fundamental component of your organization’s overall cybersecurity and compliance strategy.

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