The Australian Law Reform Commission released for consultation today a set of proposals aimed at overhauling the federal corporate criminal responsibility regime. This comes in the wake of criticisms that the current system is ineffective in preventing, deterring and prosecuting serious corporate crime. Whilst the reforms offer a clearer, consistent and more rational framework for addressing corporate misconduct in Australia, some elements (such as the adoption of a general 'associate' model for criminal attribution) will no doubt raise concern given their capacity to significantly extend corporate liability. We examine some of the key proposals and their likely impact. Partner Christopher Kerrigan and Senior Overseas Practitioner Cindy McNair report. ...

In a trail-blazing and world-leading move, the ACCC has commenced proceedings against Google, alleging that it engaged in misleading conduct, and made false or misleading representations to consumers about how and when it collects, keeps and uses their personal information in relation to location data. It is the first case brought globally to probe Google's approach to location data collection, and is likely to increase the focus on consumer awareness of data use in digital markets. ...

In this update we summarise the progress of new and existing rule change requests across October 2019 and take a closer look at the AER's Financial Reporting Guideline for light regulation pipelines. ...

Following Papua New Guinea's accession to the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards (read our Insight on PNG's accession to the New York Convention he ...

For the first nine months of calendar year 2019, Allens topped Debtwire's Asia Pacific (ex-Japan) Lead Bank's Legal Counsel by volume and number of deals, as well as the Dealogic Regional Legal ...

The facility will provide Ramelius with access to working capital and support for any corporate or asset acquisition it might conduct in the future. There is also scope to increase funding, subject ...

Investor appetite for Australian infrastructure remains strong. However, to maintain our status as a leading infrastructure investment destination, we must address systemic issues that are adversely impacting the market, including cost overruns on major projects.  ...

The Federal Court has handed down the first judgment in a shareholder class action. There is plenty in the decision for board members and senior executives to consider in the application of the continuous disclosure laws. ...

Shareholders will receive total cash consideration of $2.345 per share under the approved Scheme, which represents a 5.2% increase from AVID's initial proposal of $2.23 per share in March 2019 and ...

The Registrar's recent decision in Fonterra Co-Operative Group Limited v Vitasoy International Singapore Pte Ltd reaffirms an assumption of level-headedness in the average consumer, capable of identifying and embracing the spirit of trade marks containing connotations rather than being misled ...