3641-3650 of 4027 results
Babcock & Brown - a market disclosure claim decided
The Federal Court has dismissed shareholders claims against Babcock Brown alleging failure to disclose market sensitive information The court made important findings on the scope of listed entities continuous disclosure obligations in the context of accounting irregularities and potential insolvency ...
Decision confirms limits on general meeting shareholder activism
A recent Federal Court of Australia decision has reaffirmed that a companys board of directors has the primary role in managing a company and that there are limits on shareholders legal ability to control that management Partner and Co-Leader of Allens Head Office Governance team Greg Bosmans and ...
Another win for arbitration
The FCAFC has upheld an earlier decision rejecting an application to set aside or not enforce an international arbitral award. ...
Does legal professional privilege apply to communications with third-party commercial advisers?
Parties involved in large-scale commercial transactions with non-lawyer third-party advisers need to be aware that communications with these advisers will rarely be protected by legal professional privilege following a recent Federal Court decision ...
Distressed debt M&A - share transfers without a scheme
The Supreme Court of New South Wales has given further guidance on the scope of its power to grant leave to a deed administrator to compulsorily transfer the shares of a company The decision in the matter of Nexus Energy Ltd subject to deed of company arrangement 2014 NSWSC 1910 confirms that this ...
Access regulation application sinks at the Newcastle shipping channel
The acting Federal Treasurer has made a determination under Australias national access regime to not declare access to the Newcastle shipping channel The decision is a reminder of the limits of the national access regime in challenging the pricing of infrastructure owners Partner John Hedge and ...
Increasing private investment in the urban water sector
Water Services Association of Australia and Infrastructure Partnerships Australia the peak bodies for water utilities and infrastructure respectively have released a joint report that calls for major reform in the provision of urban water services across Australia The report suggests that there is a ...
Car rental agreement crashes out under the unfair contract terms regime
In proceedings brought by the ACCC the Federal Court declared a number of terms in Europcar Australias 2013 standard rental agreement to be unfair and therefore void ...
Queensland resource legislation is 'back to the future'
The Queensland Government is continuing its review of mineral and energy resource legislative reforms with proposed amendments currently before Parliament many of which undo earlier proposed reforms Partner Ben Zillmann Senior Associate Giselle Kilvert and Associate Andrea Moffatt consider the ...
Government and ASIC announcements for FinTech sector
There were three announcements this week that will serve to bolster the emerging Australian FinTech sector The Government released a statement in support of FinTech as part of its National Innovation and Science Agenda while ASIC issued two sets of guidance an information sheet for providers of ...