2171-2180 of 2617 results
Allocating FIRB completion risk in public M&A deals
One of the issues a target board will need to consider when assessing a takeover by a foreign bidder is the mitigation of FIRB completion risk in the transaction, and the appropriate allocation of any residual risk between the bidder and the target. This is particularly an issue where the target's business includes critical infrastructure or raises national security issues. ...
Allens advises NAIF on landmark pumped hydro project
Allens has advised Northern Australia Infrastructure Facility (NAIF) on the financing of Genex Power Ltd's Kidston Pumped Storage Hydro project, Australia's first pumped hydro plant in 37 years and the first in the world to use abandoned gold mine pits. ...
Appeals court upholds safety ruling and $1 million damages award
The Western Australian Court of Appeal has confirmed that employers cannot rely only on the experience of their workers to discharge their safety duties, and instead must be proactive in providing training and instruction about safe work methods. ...
The skinny on the skinny IR Omnibus
Recent changes to the Fair Work Act 2009 (Cth) (the FW Act) mean employers should review their casual employment contracts. ...
Allens handbook on takeovers in Australia
This handbook gives an overview of the rules that govern takeovers of, and acquisitions of voting securities in, Australian publicly listed companies and trusts. It includes how to undertake or respond to a takeover proposal for an Australian publicly listed company or trust and the legal issues which commonly arise in Australian takeover transactions. ...
Sacking leads to a significant payout
In a decision showing the importance of not jumping to conclusions, a senior employee was awarded $276,681 in damages after his contract was terminated for alleged serious misconduct – just one working day before he would have been entitled to a redundancy payment. ...
Less than one year before the new foreign financial services providers regime begins
The key changes to the existing foreign financial services regime are the repeal of 'Sufficient Equivalence Relief' and 'Limited Connection Relief'. It's time for FFSPs to think about what your options are and what actions need to be taken to be ready for the new regime. ...
Another decision on adverse costs orders in employment class actions: should you expect a 'chilling effect' on employment class action risk?
Duck v Airservices Australia (No 3) is the latest in a series of cases that have grappled with the intersection of employment class actions, litigation funders and the traditionally 'no costs' jurisdiction of the Fair Work Act. We examine the decision and its potential impacts on employment class action risk. ...
What does the new Decommissioning Bill mean for you?
The Australian Government has released an exposure draft of the Offshore Petroleum and Greenhouse Gas Storage Amendment (Titles Administration and Other Measures) Bill 2021. In particular, the Bill proposes that the Titles Administrator will have approval rights in relation to changes of control of titleholders (defined by reference to a 20% rather than 50% ownership benchmark), introduces trailing liability for prior titleholders in respect of decommissioning, and enhances the assessment criteria for entities applying to operate, or increase their activities, in offshore oil and gas. ...