1951-1960 of 4312 results
Your jointly proposed pecuniary penalty may not be appropriate
The decision of the Full Federal Court in the appeal of Volkswagen v ACCC is an important reminder of the court's supervisory role in approving pecuniary penalties jointly proposed by parties to a proceeding. It also reinforces an identifiable increase in the value of pecuniary penalties sought and obtained by the Australian regulators in enforcement proceedings since 2015. ...
Allens advises Quantium on its expanded partnership with Woolworths Group
Under the transaction, Woolworths Group will increase its shareholding in Quantium from 47 per cent to 75 per cent, with Quantium founders and team members retaining 25 per cent of the business. ...
Allocating FIRB completion risk in public M&A deals
One of the issues a target board will need to consider when assessing a takeover by a foreign bidder is the mitigation of FIRB completion risk in the transaction, and the appropriate allocation of any residual risk between the bidder and the target. This is particularly an issue where the target's business includes critical infrastructure or raises national security issues. ...
Federal Court makes landmark decision on data transparency
The Federal Court of Australia has found that Google LLC (Google) engaged in misleading conduct and made false representations to some of its users because of the way it presented its collection, storage and use of users' personal location data in its privacy statements. ...
Nucleus – corporate law developments: ASIC 'no action' position on virtual meetings; legislative clarification on the definition of casual employee; and other updates
ASIC takes 'no action' position on virtual meetings but no such luck for electronic signatures; Fair Work Act amendments clarify the definition of casual employment; ASX Listing Rule amendments to commence from 5 June 2021; ASX updates Guidance Note 19: Performance Securities; Takeovers Panel remakes procedural rules; APRA provides guidance to ADIs on the use of indemnities in divestment transactions. ...
Transitioning towards a renewable future
Achieving the target of net zero remains at the forefront for the energy industry. As we increase investment in renewables and look for ways to improve efficiencies, new challenges emerge. Helpfully, there are a range of mitigation and management strategies that can be put in place to reduce risk and smooth the transition. In this Insight we outline some of those practical steps, including ones specifically geared towards managing or avoiding potential disputes during the development stages of a project. ...
Allens handbook on takeovers in Australia
This handbook gives an overview of the rules that govern takeovers of, and acquisitions of voting securities in, Australian publicly listed companies and trusts. It includes how to undertake or respond to a takeover proposal for an Australian publicly listed company or trust and the legal issues which commonly arise in Australian takeover transactions. ...
The skinny on the skinny IR Omnibus
Recent changes to the Fair Work Act 2009 (Cth) (the FW Act) mean employers should review their casual employment contracts. ...
Sacking leads to a significant payout
In a decision showing the importance of not jumping to conclusions, a senior employee was awarded $276,681 in damages after his contract was terminated for alleged serious misconduct – just one working day before he would have been entitled to a redundancy payment. ...
Appeals court upholds safety ruling and $1 million damages award
The Western Australian Court of Appeal has confirmed that employers cannot rely only on the experience of their workers to discharge their safety duties, and instead must be proactive in providing training and instruction about safe work methods. ...