Cast-out: Court vetoes administrator’s exercise of a casting vote blocking a resolution for their replacement
On 11 December 2019, the NSW Court of Appeal found that an administrator should not…
New rules for Litigation Funders: Common Fund Orders and Class Actions
On 4 December 2019, the High Court of Australia allowed two appeals in a joint…
You may need to have a whistleblower policy in place by 1 January 2020
Recent laws have strengthened protections for corporate whistleblowers (with severe penalties for any mishandling of…
High Court adopts broad interpretation of financial assistance
Introduction Connective Services Pty Ltd v Slea Pty Ltd (Case), handed down by the High Court…
Class Actions Report: Court opens new path for misled shareholders to claim damages
Last week, in a significant Federal Court decision (TPT Patrol Pty Ltd as trustee for…
Prospectus Disclosure: ASIC’s Corporate Finance Report Takeaways
In its recent Corporate Finance Report (Report) for the period 1 January to 30 June…
Split Execution: An Issue For Deeds Indeed
The recent case of Bendigo and Adelaide Bank Ltd & Ors v Kenneth Ross Pickard…
Climate change risks – understanding what they are and your company’s potential liability
As climate change risks continue to grow, company boards are likely to come under increased…
Australian legal requirements for foreign companies executing deeds
Although widely used in Australian commercial transactions, there is uncertainty around how deeds should be…
ASX Corporate Governance Council releases fourth edition of its Principles and Recommendations
What is the ASX Corporate Governance Council? The ASX Corporate Governance Council (Council) first convened…