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UK Supreme Court counters High Court on penalties
Insight 19 Nov 2015

The highest appellate court in the UK has affirmed and restated the penalty rule as it applies in the UK in a recent decision that directly addresses and counters the High Court of Australias approach to the rule in Andrews Partner Nick Rudge and Lawyer Patrick Easton report ...

Major overhaul of Australia's foreign investment laws: what's new?
Insight 04 Dec 2015

The new package of legislation overhauling Australias foreign investment laws the first major revision in 40 years commenced on 1 December 2015 While many features of the previous regime have been retained and sometimes re-named there are also a number of significant changes Partners Jeremy Low ...

Mongolia's Law on Petroleum revised
Insight 24 Dec 2015

Mongolia has revised its Law on Petroleum which will operated in tandem with its 2005 Law on Petroleum Products Partner Igor Bogdanich and Consultant Manduul Altangerel look at the new law and what it will mean for companies prospecting and extracting petroleum products in Mongolia ...

Offshore petroleum resource management review
Insight 19 Jan 2016

In December 2015 the Federal Government released an interim report of its review into the management of Australias offshore petroleum resources The review suggests that while the current regime is fundamentally sound there is still a need for action to be taken across the offshore petroleum ...

Australia has lifted certain sanctions on Iran
Insight 18 Feb 2016

In response to recent confirmation that Iran has met its international nuclear commitments the Australian Government has lifted all nuclear-related economic and financial sanctions against that country ...

ACCC inquiry into the east coast gas market - key findings and recommendations
Insight 22 Apr 2016

The final report of the ACCC inquiry into the east coast gas market was released today The ACCC has made recommendations about removing government moratoria on gas developments revising the test to determine when a pipeline should be regulated and increasing consistency and transparency in ...

Penalties: The final word
Insight 27 Jul 2016

The High Court decision in Paciocco v Australia and New Zealand Banking Group Limited, provides welcome clarity on the application of the 'penalties rule' implicating a broad range of sectors. ...

Climate change challenge against Adani's Carmichael Coal Mine dismissed
Insight 30 Aug 2016

Yesterday the Federal Court of Australia dismissed a green groups challenge on climate change grounds against the Federal Environment Ministers approval of Adanis Carmichael Coal Mine project in the Galilee Basin Partner Bill McCredie Senior Associate and Co-head of Allens Climate Change Group Emily ...

ASIC clarifies stance on forward-looking statements by mining and resources companies
Insight 20 Oct 2016

ASIC has revised its Information Sheet 214 on forward-looking statements by mining companies following industry feedback While continuing to emphasise that these statements must be based on reasonable grounds ASIC has clarified that forward-looking statements based on estimates of mineralisation can ...

Paris Agreement on climate change to enter into force before COP22
Insight 06 Oct 2016

Overnight the Paris Agreement met its second and final threshold for entry into force when the EU lodged its instruments of ratification with the UN Partner Andrew Mansour Senior Associate Emily Gerrard and Associate Ellie Mulholland take a brief look at the events this week that triggered the early ...

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