Publication
An overview of the Commonwealth’s model litigant obligation
Since the early 20th century, Australian courts have emphasised the obligation for the Commonwealth to act as a ‘model litigant’ in court proceedings.
Office of the Comptroller of the Currency issues “buy now, pay later” guidance to banks
The Banking Law Journal
The Office of the Comptroller of the Currency (OCC) issued guidance (Bulletin 2023-37) (Bulletin 2023-37) on December 6, 2023, that applies to all national banks and federal savings associations concerning management of risk associated with “buy now, pay later” (BNPL) lending. While the stated aim of this guidance is to ensure that BNPL loans are offered in a manner that is safe and sound, the clear emphasis is on consumer protection in that the focus is on providing fair access to financial services, supporting fair treatment to consumers and complying with applicable laws and regulations.
Read “Office of the Comptroller of the Currency issues ‘buy now, pay later’ guidance to banks."
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Recent publications
Publication
Essential Corporate News – Week ending 23 May 2025
The Companies and Limited Liability Partnerships (Annotation) Regulations 2025 and an accompanying Explanatory Memorandum were published on 14 May 2025.
Publication
Federal Court quashes Commissioner of Patent’s decision and calls for a robust “due care” analysis for patentees
In a recent decision, Matco Tools Corporation v. Canada (Attorney General), the Federal Court has overturned a Commissioner of Patents (the Commissioner) decision regarding a patent applicant failing to meet the “due care” standard in the context of an unpaid maintenance fee.
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