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Published by Mathew Kaley
Apr 17, 2020 in Corporate Advisory

Federal Court endorses broad application of Product Intervention Power

ASIC's successful dismissal of the judicial review of its first use of the Product Intervention Power, in Cigno Pty Limited v ASIC [2020] FCA 479, opens the door to its wider application. It must have caused some disappointment, with ASIC at least, when the target of ASIC's first use of the new Product Intervention Power filed an application for judicial review with the Federal Court back in September 2019. The Federal Court's decision on 14...
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