FF (R & D) Pty Ltd v Australian Securities and Investments Commission [2017] VSC 482 (18 August 2017): Corporations, application to reinstate company, leave to proceed. sections 500(2) & 601AH of the Corporations Act

August 23, 2017

Associate Justice Randall in FF (R & D) Pty Ltd v Australian Securities and Investments Commission [2017] VSC 482  considered the principles in granting leave nunc pro tunc to proceed in a proceeding and the exercise of discretion under section 500 of the Corporations Act.

FACTS

The Plaintiff’s originating process sought :

  • order pursuant to s 601AH(2) of the Corporations Act 2001 (Cth) (‘the Corporations Act’) directing Australian Securities and Investments Commission (‘ASIC’) to reinstate the registration of Fuji Fuels Pty Ltd (In Liq).
  • leave pursuant to s 471B granting leave, nunc pro tunc, to proceed under the generally endorsed writ dated 13 September 2016 and the County Court application CI-16-04119 filed on 14 September 2016.

On 6 October 2010 an explosion occurred at Fuji Fuels’ premises.  The Plaintiff alleges Read the rest of this entry »

Drones use and misuse attracting more attention…reform required but will it come

August 20, 2017

The misuse of drones, or to be more precise unmanned aerial vehicles, has always been a real problem since they moved from military to commercial and then to everyday use and their capacity grew from a difficult to control curiosity to a highly sophisticated aerial vehicle which can mount powerful cameras and videos on stable platforms.  Along with the incredible benefits that have come from the commercial use of drones has come real and potential privacy intrusive activity.  The lack of regulation has been apparent from the outset.

The legal issues and gaps in the law have been apparent for a long time ( I have posted on them here, here, here, here, here, here, here, here and here for example) For some reason this problem has in the last few days attracted the attention of both the Australian with Drone reforms needed to protect privacy  and the Canberra Times with ‘Highly intrusive’: Drone complaints on the rise in Canberra and its editorial  Drone misuse in Canberra a real concern for all. The articles cover well worn ground but are welcome nevertheless.

Drones are a challenge in Read the rest of this entry »

Modeca Investments Pty Ltd v Commonwealth Bank of Australia [2017] VSCA 203 (18 August 2017): Statutory demand, application to set aside, claim that offsetting claim exceeds debt, sections 420A, 459H and 459J of Corporations Act 2001

The Victorian Court of Appeal considered an appeal from an unsuccessful application to set aside a statutory demand in Modeca Investments Pty Ltd v Commonwealth Bank of Australia [2017] VSCA 203.  The issue was the question of offsetting claim and its value as far as the applicant was concerned.  Ultimately the question became whether the applicant could show there had been a breach of section 420A of the Corporations Act, most importantly whether the process could be successfully attacked.

FACTS

The alleged debt arose out of a loan agreement entered into between the Commonwealth Bank of Australia (“CBA”) and Read the rest of this entry »

UK Information Commissioner fines a North London council for security flaw which exposed thousands of people’s personal information

The UK Information Commissioner (“ICO”) continues to set a brisk pace in taking action against data breaches, this time imposing a £70,000 fine on the Islington Council for failing to keep personal information secure on its parking ticket system website.  It highlights that breaches of privacy laws are as much about ensuring that personal information is secure from potential breach as responding to a breach itself.  The infraction can be just as costly.

In the case of Islington council the ICO found that its website which allowed people to see an image of their parking offence had design faults which Read the rest of this entry »

Hackers target shipping industry for significant theft

August 18, 2017

Hackers are enterprising.  Those who are also thieves are particularly keen to search out industries who are cash rich and security poor.  According to the BBC they have found it in the shipping industry as How hackers are targeting the shipping industry reports.  Hackers have intercepted emails and, acting as cuckoos, changed banking details on emails from suppliers asking for payment.  Given shipping companies work in Read the rest of this entry »

National Institute of Standards and Technology issues a new draft of its influential publication and privacy controls for information systems and organisations

The National Institute of Standards and Technology (“NIST”) produces excellent technical publications on data security and privacy which have wide application throughout both the US Government but also many organisations.  It is in many ways the gold standard.  That is not to detract from the Australian Government Information Security Manual which is an excellent resource but not used nearly enough by practitioners in the data security field.

The NIST has announced the release of its new revision of  Special Publication (SP) 800-53, Security and Privacy Controls for Information Systems and Organizations.  What is notable about this publication is that it is now focused on both Government and private systems.  The NIST is providing a resource to assist any organisation, or person, to maintain Read the rest of this entry »

UK Information Commissioner slaps a 100,000 pound fine on Telco firm TalkTalk for failing to look after its customer’s data

TalkTalk has had a dreadful few years courtesy of data breaches.  In 2016 it received a record fine of £400,000 for theft of personal data involving 157,000 customers which had not been encrypted as a result of a hack in 2015.  It later estimated Read the rest of this entry »

Uber settles Federal Trade Commission complaint that it engaged in deceptive claims about privacy and data security protections

August 17, 2017

The Federal Trade Commission (“FTC”) has entered into a agreement with Uber Technologies (“Uber”) arising from the FTC’s formal complaint that Uber had failed to fulfill its claims that it monitored employee access to consumer and driver data.

As the media release and the complaint makes clear Uber did what many organisations with a poor privacy and data security culture did, put Read the rest of this entry »

Body Corporate Repairers Pty Ltd v Oakley Thompson & Co Pty Ltd [2017] VSC 435 (31 July 2017): statutory demand, application to set aside, offsetting claim, reliance on judgment and costs orders, claim of abuse of process

August 16, 2017

The Supreme Court, per Randall AsJ, in Body Corporate Repairers Pty Ltd v Oakley Thompson & Co Pty Ltd [2017] VSC 435 considered what was always going to be an ambitious application to set aside a statutory demand which relied on a judgment debt.

FACTS

The litigation between the parties was protracted and hard fought in multiple proceedings in the Supreme Court. The history of how things ended up with a statutory demand is necessarily long and involved.

In 2002, the plaintiff, Bodycorp Repairers Pty Ltd (‘Bodycorp’), commenced proceedings against Maisano, in the Federal Court alleging breach of a franchise agreement and inducing breach of contract (the ‘Bodycorp proceeding’) [9]. In 2005, the Bodycorp proceeding was transferred to the Supreme Court of Victoria. Oakley Thompson acted for Maisano in the Bodycorp proceeding between 2004 and 2010 and then from March 2012 until the completion of trial [11]. Bodycorp lost and Maisano obtained a cost order in his favour [11]. An appeal to the Court of Appeal was dismissed and an application for special leave to the High Court was refused. Pursuant to a cost orders made in the Bodycorp proceeding, Maisano commenced proceedings in the Costs Court [12]. Maisano terminated Oakley Thompson’s retainer following a dispute over outstanding legal fees.  Oakley Thompson responded by issuing proceedings against Maisano seeking a declaration that it had an equitable lien over the costs judgment held by Maisano and that Oakley Thompson was entitled to have those costs taxed [13]. The Court found in favour of Oakley Thompson and held that it was entitled to have those costs taxed and  prosecute the taxation in the Costs Court. Read the rest of this entry »

Data breach of medical information from West Australian Government laboratory

Human error, frailty or just plain old fashioned misbehaviour remains a huge problem for maintaining data security.  As a recent Beazley report on data breaches highlighted that while ransomeware attacks attract the headlines accidental acts or omissions are a major cause of data breaches.  They account for 30% of breaches, slightly Read the rest of this entry »