Bell Group decision
The latest Part of the Australian Tax Review includes the following articles: “Combatting serious tax non-compliance: Tax fraud and money laundering” – Celeste Black; “A proposed statutory remedial power for the Commissioner of Taxation: A Henry VIII Clause to benefit taxpayers?” – Nicole Wilson-Rogers; “Related schemes and section 974-80: a close reading of the Board of Taxation’s proposed amendments” – Antony Faisandier. There is also an Editorial; a Case Note, “Nell Group NV (in liq) v Western Australia (2016) 90 ALJR 655;  HCA 21”, by Jared Clements; and an Obituary tribute to the late Vale Geoffrey Hart, written by Cynthia Coleman.
The latest Part of the Company and Securities Law Journal publishes the following material: “Damages for negligent valuation of mortgage securities: A finance theory perspective” – David Johnstone and Ben Curtin; “The duty to auction: Real or imagined?” – Andrew Lumsden and Saul Fridman; “The life and times of the Financial Reporting Panel” – Jeffrey Knapp and Stephanie Kemp; Corporate Insolvency: Comment on Consultation Paper 180: ASIC’s power to wind up abandoned companies – Helen Anderson; and Directors’ Duties and Corporate Governance: The conundrum thrown up by the Bell Group decision in the Western Australian Court of Appeal: To whom do directors owe their duties? – Robert Baxt.