Articles - Page 18 of 40 - Wotton Kearney

Articles

A new frontier of risk – offshore oil and gas asset decommissioning in Australia

Earlier this year, a new ‘trailing liability’ regime was introduced with amendments to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 (Cth). These changes ensure former titleholders carry a liability, even if their title has been disposed of, surrendered or terminated. With a predicted estimated liability of USD $40.5 billion for well plugging, abandonment […]

By : Joshua Weiler Oct 11, 2022 Comments Off

Articles

WA introduces class action scheme

On 1 September 2022, new class action laws were passed in Western Australia (WA). The Act will come into operation on a day to be fixed by proclamation. The Civil Procedure (Representative Proceedings) Bill 2021 (WA) introduces a legislative representative proceedings regime in the Supreme Court of Western Australia, which is substantially modelled on Part […]

By : Joshua Weiler Oct 10, 2022 Comments Off

Articles

Wind power creates a strong headwind for insurers

Onshore and offshore wind farms are the fastest growing renewable energy source in Australia, and the demand is accelerating. This growth is enabled by evolving wind technology, which continues to present distinct and expensive challenges for operators and their insurers. In this article, Adam Chylek and Doug Heard look at how insurers are actively informing […]

By : Joshua Weiler Sep 28, 2022 Comments Off

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Ten ways IT professionals can avoid the blame game after a cyber breach

Australia is suffering from a ransomware epidemic and IT providers are increasingly being affected by both platform/supply chain and direct attacks. IT providers (in particular managed services providers) are an attractive target for direct attacks, given the potential knock-on impact to their clients and a likely increased motivation to pay the ransom. These attacks are […]

By : Joshua Weiler Sep 19, 2022 Comments Off

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Judicial report highlights Victoria’s current approach to costs is “quite inadequate”

On 23 August 2022, the Supreme Court of Victoria released Supreme and County Court Review of Litigious Costs, a report written by the Hon. Justice Jack Forrest and Her Honour Kathryn Kings. The report recommends significant changes to the way costs are awarded, including replacing the much maligned ‘scale of costs’ used in the Supreme […]

By : Joshua Weiler Sep 6, 2022 Comments Off

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Where will the RI Advice proceedings take us?

On 5 May 2022, the Federal Court delivered its penalty judgment in the RI Advice proceedings, which were commenced by ASIC for alleged breaches of its obligations as a financial services licensee under section 912A of the Corporations Act 2001 (Cth) following numerous cyber incidents. The Court made declarations of contraventions and ordered RI Advice […]

By : Joshua Weiler Aug 30, 2022 Comments Off

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ACCC sets new product safety priorities

At the National Consumer Congress held in June 2022, the Chair of the ACCC, Gina Cass-Gottlieb, launched the ACCC’s Product Safety Priorities for 2022-23 under the theme “Protecting Tomorrow’s Consumers Today”. In this update, Scott Macoun and Trent O’Neill from W+K’s specialist Product Liability & Recall team look at the new product safety priorities, as […]

By : Anja Vogel Jul 5, 2022 Comments Off

Articles

New Zealand Law Commission releases long-awaited report on class action and litigation funding

The New Zealand Law Commission’s long-awaited report on class action and litigation funding was released on 27 June 2022. The 483-page final report contains a broad range of recommendations, including a recommendation that there should be a Class Action Act and amendments to the High Court Rules. In this update, W+K’s Antony Holden and Michael […]

By : Joshua Weiler Jul 1, 2022 Comments Off

Articles

Roe v Wade – a lesson in complacency

On 24 June 2022, the United States Supreme Court overturned the 1973 decision of Roe v Wade. The decision has been criticised widely, including by many world leaders, as it is likely to cause significant social and economic impacts, particularly for many of America’s most vulnerable women. In this update, W+K Associate Summer Walker sits […]

By : Joshua Weiler Jun 29, 2022 Comments Off

Articles

Queensland to ban claim farming

On 22 June 2022, the Queensland Parliament passed new laws banning claim farming of personal injury claims in the state. The Personal Injuries Proceedings and Other Legislation Amendment Act 2022 (PIPOLA) seeks to end the proliferation of claim farming in Queensland through amendments to the Personal Injury Proceedings Act 2002 (PIPA), the Workers’ Compensation and […]

By : Joshua Weiler Jun 24, 2022 Comments Off

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