12 Sep 2023 Restructuring and insolvency Employment and safety Impact of proposed changes to the Fair Work Act on insolvency and restructuring practitioners The legislative changes proposed within the Fair Work Legislation Amendment (Closing Loopholes) Bill 2023 (Cth) (the Bill) is, as aptly titled, proposing to close outstanding 'loopholes' in the Fair Work Act 2009 (Cth) (the FWA).
9 Jun 2023 Corporate and commercial Restructuring and insolvency Disputes and investigations Phoenix rising: Update on illegal phoenixing legislation The Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020 (Cth) has introduced a number of new provisions which aim to prevent illegal phoenixing activity.
15 Mar 2023 Restructuring and insolvency Denied! Director's resignation ineffective as the Australian illegal phoenix prevention reforms bite The new section 203AB was introduced into the Corporations Act 2001 (Cth) to prevent the occurrence of "phoenixing". Case law confirms section 203AB will nullify the last director resigning regardless of intent.
16 Feb 2023 Corporate and commercial Digital governance, cyber and privacy Privacy Act Review Report - a game changer for how boards manage cyber risk Today, the Commonwealth Government released its 312 page Privacy Act Review Report (Report), a culmination of two years of consultation and review.
4 Nov 2022 Corporate and commercial What? A $50 million fine? Prepare for extension to unfair contract terms, significant increases ... Passing of the Treasury Laws Amendment (More Competition, Better Prices) Bill 2022 means businesses should review their standard form contracts to ensure they do not contain unfair contract terms and where they may, look to amend them.
2 Nov 2022 Corporate and commercial What is ESG? Ten takeaways for directors and c-suite executives ESG relates to environmental, social and corporate governance factors. It goes beyond specific existing legal requirements and sits on the border of ethics, politics, law and public relations.
26 Oct 2022 Corporate and commercial Transitional period for existing company directors is ending soon Are you an existing director? To meet your obligations as a director, you must apply for a Director Identification Number by 30 November 2022.
26 Sep 2022 Corporate and commercial AGM season 2022 - issues bullet list As the 2022 AGM season commences, Partner and Head of Capital Markets, Brent Van Staden has complied a list of issues that may arise when preparing the Annual General Meeting Notices (NOMs). Some issues to consider include:
22 Aug 2022 Corporate and commercial Beware of unfair or prejudicial contract provisions Whether you are a supplier or a customer, here are some tips about contract clauses to watch out for.
26 May 2022 Restructuring and insolvency Costs Order Made Against Objector to Provisional Liquidator's Remuneration Application The Supreme Court of Queensland has ordered that an objector to an external administrator's remuneration application pay the administrator's costs of responding to the objections.