News Articles

BHP BILLITON (OLYMPIC DAM) CORP P/L v STEULER INDUSTRIEWERKE GmbH [No 2]

This judgment was concerned with the question of the assessment of damages in two related proceedings. The dispute centred on representations made regarding the suitability of a polyethylene lining material for concrete tanks. Judgment for Steuler was awarded in both proceedings. Steuler argued that WMC could not prove any loss because they had submitted that it was “impossible to predict” what it would have done had it not entered into the transaction. They argued that because WM…  Find out more

Hong Kong Mediation Bill Bulletin

On 30 November 2011, the Hong Kong Government introduced the Mediation Bill into the Legislative Council. The introduction of this bill into the legislative Council is an indication of the Governments desire to encourage parties to adopt mediation as a favoured alternative dispute resolution avenue.
The Government aim’s to promote and encourage timely resolution of disputes as well as protecting parties’ communications confidentiality throughout the process.
The me…  Find out more

Personal Property Securities Act 2009 (Cth)

The Personal Property Securities Act 2009 (Cth) is currently targeted to commence on 1 February 2012. The PPSA provides, among other things, for “security interests”, (interests in personal property provided for by a transaction that secures payment or the performance of an obligation), and “collateral”, (personal property affected by a security interest). The PPSA creates a Register of Personal Property Securities, whereby secured parties may give notice of security i…  Find out more