1261-1270 of 2690 results
Lawyer or language model? Testing AI’s competence in answering Australian legal questions
The last 24 months have seen generative artificial intelligence (AI) tools advance in leaps and bounds, powered by remarkable developments in large language models (LLMs). Their new capabilities are already having significant impact on the way firms operate, including the legal function. ...
Government support for critical minerals industry escalates
The WA and Federal Governments have recently announced significant funding and regulatory support packages to accelerate the development of Western Australia into a critical minerals powerhouse. ...
ASIC targets superannuation trustees on financial advice fees
On 9 May 2024, ASIC released its report, REP 781 Review of superannuation trustee practices protecting members from harmful advice charges, outlining findings from its review of progress by superannuation trustees in addressing risks of member harm from poor financial advice and inappropriate advice ...
Mandatory human rights due diligence in the mainstream – what the CS3D means for companies
The EU Corporate Sustainability Due Diligence Directive (CS3D) has been approved by the EU Council and EU Parliament and is expected to be formally adopted in coming months. The CS3D will establish a due diligence standard on sustainability issues and create potential legal liability for in-scope co ...
Tax Forum: Limiting Debt Deductions - a look at the new thin capitalisation rules
In 2022, the then newly elected Australian Labor Government published a Consultation Paper in which it confirmed that it would undertake the ambiguous (and unenviable) task of comprehensively reviewing Australia's interest limitation – or thin capitalisation – regime. ...
Allens advises Pacific Equity Partners on sale of Lifehealthcare
'We again congratulate our long-standing client Pacific Equity Partners on another significant exit, this time in relation to the sale of its Lifehealthcare business, having advised PEP on the ...
Treasurer hails fifth wave of competition reform with changes to merger clearance rules
The Federal Treasurer, Dr Jim Chalmers MP, announced today that the Government is moving ahead with its plans to introduce significant changes to Australia's merger clearance rules. ...
Allens advises Pacific Energy on $350 million upsize of its debt facilities
The deal brings Pacific Energy's total debt facilities to $1.2 billion and allows it to continue to fund its strong pipeline of renewable power projects. 'Pacific Energy is playing a significant ro ...
Licensing emerging process technologies: modern approaches to risk allocation
Licensing emerging technology is a tempting prospect when navigating decarbonisation and sustainability. We outline the risks of applying standard liability positions when licensing nascent technology; and provide some key risk mitigants for prospective licensees. ...
Heralding in a new era – PNG's arbitration regime
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. ...