A recent Federal Court appellate decision highlights the fundamental tension in the Corporations Act between shareholders power to propose resolutions at members meetings and the proposition that a company is to be managed by its Board of directors ...

You may be forgiven for thinking the Productivity Commission is fixated on superannuation at the moment Its latest review centres on developing alternate models of allocating default members to products ...

APRA has released its long-awaited Prudential Standard CPS 226 Margining and risk mitigation for non-centrally cleared derivatives While these rules are based on the Draft released in February of this year and address some of the concerns raised during the consultation process there are still a ...

Exposure draft legislation to implement long-awaited changes to the tax regime for managed investment trusts is expected to be issued shortly ahead of the regimes recently announced start date of 1 July 2015 Partner Katrina Parkyn recaps some of its expected key features and likely impacts on the ...

In its submission to the Financial System Inquiry the Australian Securities and Investment Commission has again raised the issue of the penalties that are available to it to punish and deter corporate wrongdoing ASICs submission recommends that a holistic review be conducted into the availability ...

Allens has secured ACCC clearance on behalf of APN Outdoor for its acquisition by way of scheme of arrangement by JCDecaux SA, through which JCDecaux will acquire 100 per cent of the company's issu ...

For more than 150 years trustees have been able to obtain advice from courts on matters affecting the management or administration of trust property and on matters respecting the interpretation of trust deeds Trustees would usually only seek such advice however if they had doubts about a proposed ...

The ASX has announced that it has now received regulatory clearance for its new mFund Settlement Service previously known as AQUA II and the ASX Managed Funds Service which it hopes will be launched before 30 June 2014 Once established the service will allow investors to transact electronically in ...

The $2 billion project is for the development of two new light rail lines that run from Sydney's Circular Quay to Randwick and Kingsford. The Allens team, led by Partner Nicholas Adkins and Senior ...

Allens has acted for the shareholders of Bakery Du Jour on the sale of their business to international agri-food group, Lantmännen Unibake. Victorian-based Bakery Du Jour produces more than 100 ...