Cash management In CommSec diversified into the short term deposit sector with the introduction of its Cash Management product. 

Accordingly, readers should not place undue reliance on forward-looking information. Any communications made in the capacity as a lawyer could still be privileged; while some of the lawyer's other employment responsibilities could have affected his independence, that does not necessarily mean that the communications can't be privileged; what is necessary is to examine the precise capacity the lawyer was acting in at the time of the communication; and whether the 'independence' requirement did require the lawyer to establish that the advice was of an 'objectively independent character' the judge expressed reservations as to whether the test was that high ; the lawyers here had satisfied that criterion.

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Commonwealth Securities Limited is a limited by shares Australian public company. Located at NSW since the company is, as the updated on ABN database shows, registered.

In-house lawyers and legal professional privilege: The facts in Dye Justice Katzmann's decision in Dye arose from a dispute between the parties regarding claims for privilege made over communications between Commonwealth Securities Limited and its in-house counsel. The in-house counsel gave evidence and was cross-examined about the specific roles he performed in the course of his employment. It was acknowledged that his role involved both legal and non-legal functions.

In essence, the court found that: Any communications made in the capacity as a lawyer could still be privileged; while some of the lawyer's other employment responsibilities could have affected his independence, that does not necessarily mean that the communications can't be privileged; what is necessary is to examine the precise capacity the lawyer was acting in at the time of the communication; and whether the 'independence' requirement did require the lawyer to establish that the advice was of an 'objectively independent character' the judge expressed reservations as to whether the test was that high ; the lawyers here had satisfied that criterion.

Accordingly, the claims for legal professional privilege ultimately turned on the fundamental test of whether the documents in dispute were created for the dominant purpose of obtaining or providing legal advice. Implications The decision highlights that there remains a degree of uncertainty as to the circumstances in which in-house counsel will be able to satisfy the 'independence' requirement in relation to privilege.

The determination of those claims will involve a detailed and careful consideration, in the context of the particular facts of each case, of: Comment The concept of 'independence' remains a touchstone in the court's consideration of claims for privilege involving in-house counsel. Given the continued focus of courts on the issue and the risk that claims for legal professional privilege will fail in circumstances where independence is not established, businesses should endeavour to take structural precautions to help preserve and establish the independence of their in-house legal resources.

A special meeting of Commonwealth Silver shareholders to consider the Arrangement the "Meeting" will be called by the Company. Full details of the Arrangement will be included in the management information circular to be mailed to holders of Commonwealth Securities in advance of the Meeting.

Marlin has entered into voting agreements with each director and officer of Commonwealth Silver as well as certain Commonwealth Silver shareholders, including Pinetree Resource Partnership Ltd. In addition, the Arrangement will be subject to certain customary conditions and relevant regulatory approvals. The Arrangement is expected to close in mid-May Entering into the Arrangement with Marlin represents the culmination of a process that began in early January with the engagement of Raymond James as the Company's financial advisor to assist in identifying one or more transactions which would allow for the repayment of amounts owing to Delta Gold Corporation "Delta Gold" and outstanding and upcoming property option payments.

Upon completion of the Arrangement, Marlin will assume all outstanding amounts in connection with the Wexford Loan including principal and accrued and capitalized interest thereon. Wexford has provided a commitment letter to the Company providing a guarantee from affiliates of Wexford for these cash amounts payable by Marlin upon closing of the Arrangement. It is the intention of Marlin to advance the Commonwealth Project towards production.

On February 3, , the Company signed a term sheet with a mid-tier silver producer regarding a proposed business combination with Commonwealth Silver which included an exclusivity requirement the "Exclusivity Agreement". On February 12, , the Company, the silver producer, Marlin and Wexford entered into a settlement agreement the "Settlement Agreement" allowing Wexford to provide the Wexford Loan and Marlin to negotiate the Arrangement Agreement with Commonwealth Silver.

Commonwealth Silver and Gold is a private Canadian mineral exploration and development company focused on acquiring gold and silver properties in politically stable, mining friendly jurisdictions and advancing its flagship Commonwealth Project in Arizona towards production.

The Company comprises an experienced management group with a strong background in acquisition, exploration, development and financing of precious metals mining projects.

For further information on Commonwealth Silver please visit www.

 

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Buy Australian shares listed on the ASX, trade online or on your mobile and learn about the stock market. CommSec’s services include online investing, margin lending, cash management, SMSF and managed funds. Visit lokersumbagut.ga or call 13 15

Login to CommSec. Remember my Client ID Need Help? I forgot my Client ID I forgot my password subsidiary of the Commonwealth Bank of Australia ABN 48 AFSL and both entities are incorporated in Australia with limited . Commonwealth Securities, also known as CommSec, is Australia's largest online stockbroking firm operated by the Commonwealth Bank of Australia. It offers a telephone based brokerage service and advisory service, though its Internet trading platform constitutes the vast majority of its business. 

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Commonwealth Securities Corp. Overview

Commonwealth Securities Limited was founded in and is based in Sydney, Australia. Commonwealth Securities Limited operates as a subsidiary of Commonwealth Bank of Australia Location: Locked Bag 22 Australia Square Sydney, NSW Australia. Commonwealth Securities Limited is a limited by shares Australian public company. Located at NSW since the company is, as the updated on ABN database shows, registered.

COMMONWEALTH SECURITIES LIMITED – BEST EXECUTION POLICY DISCLOSURE As a market participant, Commonwealth Securities Limited (We/CommSec) has an obligation to obtain the best. Find company research, competitor information, contact details & financial data for COMMONWEALTH SECURITIES LIMITED. Get the .

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