131-140 of 352 results
Australia's second shareholder class action judgment
In the wake of Crowley v Worley Limited, Australia's first two shareholder class action judgments highlight the significant risk that applicants, and the litigation funders that support them, take when pursuing such claims to trial. Neither judgment sounded in any award of damages for shareholders. ...
Procurement update – when can government abandon a procurement process and what are the consequences? Considerations from the UK
The United Kingdom High Court (the Court) recently handed down its judgment in Amey Highways Ltd v West Sussex County Council, which considered the abandonment of a government procurement process following a breach of relevant procurement regulations by a public agency. For government departments and agencies in particular, this case clarifies when a public agency can abandon a procurement process and what remedies may be available to bidders in these circumstances. ...
High Court decision confirms relevance of repairs in assessing damages for defective goods
The High Court yesterday delivered judgment in two appeals from decisions of the Full Federal Court in Toyota v Williams (the Toyota Appeal) and Ford v Capic (the Ford Appeal), both high-profile automotive consumer class actions. ...
ICMM's 2024 update: a new benchmark for Indigenous rights in mining
The ICMM has updated its Indigenous Peoples and Mining Position Statement, through which ICMM members have affirmed their commitment to respecting the rights of Indigenous Peoples and recognising their importance as partners in the development of mining projects on their lands and territories. ...
Activist shareholders are becoming more efficient, more sophisticated and better resourced
Shareholder activists are increasingly using novel tactics to influence the strategies of companies. While campaigns continue to focus on the full spectrum of key issues like M&A activity, busines ...
The expectation of continuous improvement in combating modern slavery
There is an expectation that businesses demonstrate continuous improvement in their response to modern slavery and reporting under Australia's Modern Slavery Act 2018 (Cth) (the MSA). ...
Tesseract v Pascale - Proportionate liability in arbitration
The High Court's recently handed-down judgment in Tesseract International Pty Ltd v Pascale Construction Pty Ltd  has significant implications for parties subject to existing arbitration agreements and considering it as a mode of dispute resolution in future contracts. ...
Preparing for voluntary standards and mandatory legislation: a deep dive into Australia's evolving AI regulatory landscape
Over the past few weeks, the Australian Government has published a series of standards, proposals and policies which foreshadow the principles likely to be adopted in mandatory AI legislation once introduced. ...
Recent UK money laundering decision
In this Insight, we explain how this decision is relevant to Australian companies, in demonstrating how proceeds of crime laws may provide rightsholders and activists with an additional lever for seeking company engagement on tackling modern slavery (and, potentially, other human rights issues). ...
High Court affirms utility of disclaimers in limiting producers' duty of care
In a recent decision with ramifications for producers' and manufacturers' class action risk, the High Court has found that a sorghum seed producer, Advanta Seeds, was not liable to growers for economic loss resulting from their purchase of contaminated seed bags. ...