Corporate electronic execution temporarily permitted
The Federal Government has made modifications to the Corporations Act 2001 (Cth) (Corporations Act) to…
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COVID-19 – Managing employees in the face of the outbreak
The outbreak and rapid spread of a novel corona virus, COVID-19, is throwing up all…
Major short-term changes to Australian insolvency regime
On Sunday morning, the Prime Minister and Treasurer announced further measures to assist struggling Australian…
ASIC proposes further relief for companies planning an initial public offering
ASIC has announced (see Media Release 20-044MR) that the consultation process is now open on its…
Should a contract include protections from “gross negligence”?
The concepts of negligence and gross negligence Under Australian tort law, there is no judicial…
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…