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The High Court of Australia recently allowed an appeal from the Court of Appeal of the Supreme Court of the Northern Territory. The decision confirmed that normally costs follow the event and held that impecuniosity of the unsuccessful party is not a basis to change that.
In 2010, the Australian Institute of Company Directors (AICD) launched the “not-for-profit governance and performance study” (originally called the “directors social impact study”). The study focused on key trends in the not for profit (NFP) sector and issues affecting NFP directors at that time. Ten years on, the AICD published its most recent findings in the latest edition of the study titled “the 2019 not-for-profit governance and performance study: 10 years on”. The report provides valuable insight into current challenges faced by the sector and its director counterparts.
In a landmark decision, the Federal Trade Commission (FTC), the US consumer regulator, has announced that Facebook has agreed to pay a USD $5 billion (AUD $7.1 billion) fine for deceiving its 80+ million users about the social medial giant’s ability to protect user’s personal information. The multibillion dollar fine is in addition to a $100 million settlement with the US Securities Exchange Commission (SEC).
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