Company and Securities Law Journal update: Special Issue Aug-Sept 2011
This Special Issue is in honour of ASIC’s 20th anniversary and combines Parts 5 and 6 of Volume 29. It contains five articles that focus on various interesting points in ASIC’s history, including a comprehensive record of ASIC’s participation in matters before the Takeovers Panel, insider trading and market misconduct, the limits of disclosure and investor education in a retail market, the regulation of managed investments and the development of Australia’s continuous disclosure regime.
Blackmagic in the Federal Court
By Stephanie Vass and Brett Watson. The Federal Court of Australia has upheld prohibitions against employees using confidential information gained in the course of their employment in Blackmagic Design Pty Ltd v Overliese. The judgment also emphasised the need for employers to be specific when creating non-competition and copyright obligations for employees under employment contracts.