The Papua New Guinea National Parliament recently passed legislation that offers a revamped and modern legal framework to entities seeking to resolve their domestic and/or international commercial disputes through arbitration. ...

The Australian Institute of Company Directors (AICD) published 'Governing through a cyber crisis: cyber incident response and recovery for Australian directors'. We provide our observations, commentary and suggested next steps. ...

In this Insight, we examine the key trends in board skills and diversity reporting across Australia's top 50 ASX-listed entities over the last three years, provide an update regarding proposed changes to the ASX Corporate Governance Council's Corporate Governance Principles and Recommendations. ...

Competition and consumer law issues in financial services, essential services and wholesale gas markets will be a focus for the ACCC. Cartels and anti-competitive conduct remain an ongoing focus. In terms of consumers and small businesses, there will be particular focus on manipulative or deceptive advertising practices in connection with digital services and 'green' claims. The ACCC is also advocating for law reform in relation to digital platforms, unfair trading, consumer guarantees and merger control. ...

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. ...

2023 emerged as a dynamic year for corporate insolvency. This article provides an overview of the key developments in corporate insolvency in 2023. ...

In this Insight, we summarise the key provisions of state and territory Human Rights Acts and consider when (and to whom) they apply. As these acts are now in force in the ACT, Victoria and Queensland, we also consider what a similar instrument could look like in other states and territories. ...

Contract law is at the core of almost every lawyer's practice. We prepare the Contract Law Update by reviewing every contract law decision handed down by Australian appellate courts during the year and preparing summaries of those most relevant to lawyers in commercial practice. ...

After two unsuccessful attempts to strengthen foreign bribery laws, the passage of the Crimes Legislation Amendment (Combatting Foreign Bribery) Bill 2023 (CFB Bill) finally introduces new, broader foreign bribery offences for body corporates. ...

Ever since feed-in tariffs (FiTs) expired for solar power projects (31 December 2020) and wind power projects (31 October 2021), the Vietnamese Government has prevaricated over the legal framework to develop solar and wind power projects including, most importantly, the pricing mechanisms. ...