2221-2230 of 2700 results
Nucleus – corporate law developments: ASIC 'no action' position on virtual meetings; legislative clarification on the definition of casual employee; and other updates
ASIC takes 'no action' position on virtual meetings but no such luck for electronic signatures; Fair Work Act amendments clarify the definition of casual employment; ASX Listing Rule amendments to commence from 5 June 2021; ASX updates Guidance Note 19: Performance Securities; Takeovers Panel remakes procedural rules; APRA provides guidance to ADIs on the use of indemnities in divestment transactions. ...
Transitioning towards a renewable future
Achieving the target of net zero remains at the forefront for the energy industry. As we increase investment in renewables and look for ways to improve efficiencies, new challenges emerge. Helpfully, there are a range of mitigation and management strategies that can be put in place to reduce risk and smooth the transition. In this Insight we outline some of those practical steps, including ones specifically geared towards managing or avoiding potential disputes during the development stages of a project. ...
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. ...
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. ...
Federal Court makes landmark decision on data transparency
The Federal Court of Australia has found that Google LLC (Google) engaged in misleading conduct and made false representations to some of its users because of the way it presented its collection, storage and use of users' personal location data in its privacy statements. ...
Your jointly proposed pecuniary penalty may not be appropriate
The decision of the Full Federal Court in the appeal of Volkswagen v ACCC is an important reminder of the court's supervisory role in approving pecuniary penalties jointly proposed by parties to a proceeding. It also reinforces an identifiable increase in the value of pecuniary penalties sought and obtained by the Australian regulators in enforcement proceedings since 2015. ...
Allens advises Quantium on its expanded partnership with Woolworths Group
Under the transaction, Woolworths Group will increase its shareholding in Quantium from 47 per cent to 75 per cent, with Quantium founders and team members retaining 25 per cent of the business. ...
Health and safety duties aren't just owed to workers
The Department of Home Affairs (DHA) and healthcare provider International Health and Medical Services (IHMS) have been charged with breaching WHS laws following the suicide of a detainee at the Villawood immigration detention facility in March 2019. ...
Proposed Design and Place SEPP – creating further complexity in our planning system?
The Explanation of Intended Effect for the proposed Design and Place SEPP, presently on public exhibition, signals major change to the assessment requirements for all development in NSW. Improving design outcomes in the built environment is important, but will the proposed SEPP be the right vehicle to achieve this objective, or will it add another layer to an already complex planning system? ...