Topics: Litigation and dispute resolution

Caution needed with price reduction advertising

The recent Federal Court decisions of Australian Competition Consumer Commission v Jewellery Group Pty Limited and Australian Competition Consumer Commission v Jewellery Group Pty Limited (No 2) illustrate why caution is needed when advertising price reductions.

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The devil’s in the detail – Bank of Queensland Ltd v Chartis Australia Insurance Ltd [2012] QSC 319

Bank of Queensland Ltd (BOQ) held a FinancialGuard Professional Services Insurance policy (the policy) with Chartis Australia Insurance Ltd (Chartis). BOQ made a claim on the policy after proceedings were commenced against it by a third party for breaches of the Australian Securities and Investments Commission Act 2001 (Cth), Fair Trading Act 1989 (Qld) and Trade Practices Act 1974 (Cth) (the third party claim).

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Landlord liable for putting premises ‘in a state of utter devastation’

When a commercial tenant moves out, it is not uncommon for the landlord and tenant to come to an arrangement about the outgoing tenant’s make-good obligations that takes account of the incoming tenant’s fit-out requirements. For example, the parties will often agree that, instead of restoring the premises to their original condition, the outgoing tenant can simply make a financial contribution to the incoming tenant’s fit-out.

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