1551-1560 of 4033 results
A look at strategies to secure support from—and transact with—major target shareholders in takeover scenarios
In this Insight we explore some strategies that would-be-bidders can employ to shore up pre-bid support from major shareholders, before considering structures that can be used to offer differential consideration to them when implementing the control transaction itself. ...
Dispute Resolution Boards: appointing DRB members and encouraging the diverse next generation of board members
In this Insight, we discuss the contractual structure governing the appointment of DRB members, how members are usually appointed, and possible modifications to the appointment process to reduce barriers for new entrants and increase the diversity of candidate pools and, consequently, DRBs. ...
ASIC enforces whistleblower laws, pursues individual directors and calls out good practice
Again demonstrating that it has more than one tool in the regulatory work shed, in the space of a few days ASIC has commenced civil penalty proceedings against a company and its directors for alleged breaches of the whistleblower provisions, and released a report that identifies good whistleblower p ...
Federal Court finds cyber risk management is a critical obligation for financial services firms
The Federal Court handed down its judgment in proceedings brought by ASIC against RI Advice on 5 May 20221. It found that, as result of its failure to manage cyber security risks and cyber resilience, RI Advice breached its obligations to do all things necessary to ensure that the financial services covered by the licence were provided efficiently and fairly, and to have adequate risk management systems in place. ...
Allens advises Glenrowan Solar Farm financing
The 102 MWac/130MWdc greenfield project is one of six to have been selected through the Second Victorian Renewable Energy Target Auction (VRET2), designed to help meet the Victoria's government’s ...
Five questions on the minds of future-focused in-house counsel
In this Insight, we explore what’s front of mind for innovative legal professionals and share some practical examples of what leading legal functions are doing to improve legal service delivery in their organisations. ...
Federal Court confirms the objective test in assessing apprehended bias by the former Prime Minister
With the consent of the parties, the Federal Court has quashed the decision of the then Prime Minister Scott Morrison to refuse to extend Asset Energy's petroleum exploration permit, as his decision could be apprehended to have been predetermination following his overt public stance against the proj ...
Navigating the big issues of 2023
During the recent webinar: 'Navigating the key issues of 2023', the team identified and discussed key issues facing both the Australian economy and policymakers in 2023. ...
Financial sector no longer main target: Class Action Risk report
Data from 2021 shows the banking and financial sector was the third biggest target for new class action filings (down to 17% from 32% in 2020), after more than ten years managing heightened risk du ...
Court finds employment only needs to be one significant cause of a workplace injury to hold employer liable
An injured employee has been awarded damages in circumstances where it was unclear whether the root cause of his injury was his employment, personal leisure activities, or a degenerative disease. ...