1221-1230 of 4478 results
ASIC continues clamp down on shareholder intention statements
Bidders and targets must exercise caution in securing shareholder support over more than 20 per cent of target shares for bids and schemes, as ASIC continues its clamp down on shareholder intention statements and prepares to issue new guidance on 'truth in takeovers' ...
Market-led Proposals Guideline - a new framework for assessing unsolicited proposals in Victoria
The Victorian Government has released new guidelines that provide the framework for how it will assess unsolicited proposals from the private sector, but the key issues remain the same: timing, uniqueness, value for money, and confidentiality/intellectual property protection. ...
Make informal payment arrangements for construction work at your own peril
A recent decision of the New South Wales Supreme Court serves as a timely reminder that a construction contract under security of payment legislation can include an arrangement to carry out construction work that is not legally enforceable Managing Associate Nicholas Ng Associate Matt Thomas and ...
Carbon pollution reduction schemes? - China one way, Australia the other?
As part of its commitment to solving serious air pollution problems the Chinese Government has launched a variety of pilot schemes that will eventually pave the way for the establishment of a national emissions trading market These steps are in marked contrast to the position in Australia where the ...
'Fraud on the market' theory survives challenge in the US
Perhaps the most important unanswered question in Australian class action law is how causation may be established in the context of a shareholder class action In the United States this issue has been addressed by the fraud on the market theory This week the US Supreme Court rejected a challenge to ...
Victorian Government proposes reforms to reserve domestic gas production
The Victorian Government has today proposed significant gas market reforms primarily involving the introduction of a cap on the export of gas from Victoria in order to facilitate the reservation of domestic gas production for domestic supply The proposed reforms are aimed at reducing domestic gas ...
Subpoenas under the IAA: Foreign-seated arbitrations need not apply
A recent Federal Court decision suggests a narrow approach to judicial support of international arbitrations limiting access to evidence located in Australia for parties of foreign-seated arbitrations Partner Nick Rudge and Overseas Lawyer Caroline Swartz-Zern report ...
ACCC 2019 Enforcement Priorities
A number of industries and issues are in the spotlight following release of the ACCCs 2019 Enforcement and Compliance Priorities by Chairman Rod Sims on 26 February ...
A series of 'firsts' under the National Electricity Law
The Federal Court has issued the first court-ordered civil penalties for breaches of the National Electricity Rules demonstrating a willingness to apply an agreed pecuniary penalty negotiated by regulators and respondents This decision is important not just to the energy sector but also to ...
Safeguard Mechanism 2.0: emitters face first 2024 carbon compliance milestone
Existing emitters under the Safeguard Mechanism will face their first major compliance milestone. In this Insight, we outline the key components of the emissions-intensity determination and explain what compliance entities for existing facilities need to be considering now. ...