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Short-Term Loans Clamp Down: Rejected.
Federal Court of Australia Rejects ASIC’s Effort to Clamp Down On Access to Short-Term Loans.
In the matter of Australian Securities and Investments Commission v Teleloans Pty Ltd [2015] FCA 648, the Federal Court of Australia has dismissed a bid by ASIC to shut down the short-term lending business of a Gold Coast-based lender represented by Elliott May Lawyers.
