Syndicated Lending And Cartel Offences Under The Trade Practices Act.

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Syndicated Lending And Cartel Offences Under The Trade Practices Act.

Key Points: Arrangements currently in place could fall foul of the new cartel criminalisation laws.

This update briefly outlines some implications for lenders' syndication arrangements of the recent amendments to the Trade Practices Act (TPA) criminalising cartel conduct and narrowing the joint venture defence to what would otherwise be unlawful cartel conduct between w...

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