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Vendor's IM - Get it wrong, pay the damages bill
Insight 08 Apr 2014

A recent Federal Court case has reinforced that if a vendors information memoranda is inaccurate disclaimers wont save the vendor and the contract can be terminated or a substantial damages judgment awarded Partner Alister Fitzgerald and Senior Associate Jaelle Berkovits examine this important ...

Competition law update
Insight 28 Jul 2014

In touch Competition law update is a regular publication by the Allens Competition Law group to keep you informed of the latest news and developments in this area ...

Shareholder activism in Australia
Insight 24 Jul 2014

The past few years have seen a dramatic rise in shareholder activism across Europe and the US This trend is now becoming increasingly common in Australia Following an unsuccessful attempt to gain control of the board of ASX-listed Antares Energy Limited by a US-based hedge fund Partner Tim Lester ...

Competition Policy 'Root and Branch' review draft report released
Insight 22 Sep 2014

The panel tasked with the root and branch review of competition law and policy has released its draft report Some of the recommendations are far reaching and may have significant ramifications on competition law enforcement in Australia including in relation to misuse of market power Partner Kon ...

Food Law Bulletin
Insight 05 Sep 2014

we look at the ACCCs current enforcement activities on credence claims in food labelling the development of a national information standard for the contentious area of free-range eggs in light of the industrys failure to selfregulate a Federal Court decision that provides some welcome clarification ...

Mergers & Acquisitions: changes to Australia's foreign investment framework
Insight 07 May 2015

The Australian Government has announced wide reaching changes to Australias foreign investment framework that will apply from 1 December 2015 Partner Wendy Rae reports on the potential impacts of the changes which include new fees stricter enforcement and penalties and increased scrutiny around ...

The final analysis: Updates to ASX Guidance Note 8 on Continuous Disclosure take effect
Insight 14 Jul 2015

Earlier this year ASX issued a consultation paper on proposed changes to Guidance Note 8 that sought to clarify existing continuous disclosure policy ASX has now released its consultation response together with the final version of Guidance Note 8 which took effect on 1 July 2015 While the final ...

Withholding tax on the sale of Australian property by foreign residents exposure draft legislation released
Insight 28 Jul 2015

Exposure draft legislation implementing the Federal Governments promise to introduce a 10 per cent non-final withholding tax on purchasers of certain types of taxable Australian property by foreign residents has been released for review and comment Partner Charles Armitage and Associate Scott Lang ...

Plugging the price drip
Insight 30 Nov 2015

The Federal Court has found that Jetstar Airways Pty Ltd and Virgin Australia Airlines Pty Ltd contravened the Australian Consumer Law by engaging in drip pricing In doing so the Federal Court differentiated between the types of conduct that will be considered misleading or deceptive under the ACL ...

Significant High Court decision on settlement of regulatory proceedings
Insight 09 Dec 2015

The High Court today held that parties and regulators are permitted to put before the court an agreed position as to the value of a penalty reached as part of a settlement agreement Our Regulatory team reports ...

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