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Smith v Fonterra & Ors: Supreme Court allows novel claim of climate change tort to continue

| February 14, 2024

The Supreme Court has handed down a significant decision to allow novel climate change claims to proceed. We briefly summarise its conclusions, and identify several challenging issues for insurers and their clients posed by the decision.

WorkSafe New Zealand v RH & Jury Trust: A Landmark Decision on Trustee Liability under the Health and Safety at Work Act

| February 14, 2024

In a pivotal decision that could reshape the enforcement landscape of health and safety legislation in New Zealand, the High Court has provided clarification on the liability of trusts and trustees with respect to the Health and Safety at Work Act 2015 (HSWA).

Headline: New Zealand court decision signals evolving approach to climate change litigation

| February 14, 2024

1.In what might be described as a milestone appeal decision in the context of climate change and accountability, the Supreme Court of New Zealand has allowed an appeal of a decision of the Court of Appeal striking out a claim in tort relating to damage caused by climate change.

Greater protections for workers as Parliament passes Loopholes No 2

| February 14, 2024

The Fair Work Legislation Amendment (Closing Loopholes No 2) Bill 2024 (Loopholes 2 Bill) was passed by parliament on 12 February 2024. 

KCI Inks USD 245-mio Deal with INKA for 16 Electric Train Sets

| February 14, 2024

We would like to take this opportunity to congratulate our valued client PT Kereta Commuter Indonesia (“KCI”), a subsidiary of Indonesia’s state rail operator, PT Kereta Api Indonesia (Persero) (“KAI”),

ABNR’s Garuda Debt Workout named Restructuring Deal of the Year at IFLR Asia-Pacific Awards 2023

| February 14, 2024

ABNR’s USD 9.6-billion Garuda Indonesia restructuring deal was named International Financial Law Review (IFLR)’s Restructuring Deal of the Year 2023 at a glittering ceremony in Singapore on Wednesday, March 22.

ABNR Acts for Geo Energy on Acquisition of Indonesian Coal Interests from Rajawali Group

| February 14, 2024

We would like to congratulate our client, Singapore-Indonesian coal producer Geo Energy Group, on the signing of the conditional share sale and purchase agreements (CSPA) for their acquisition (through subsidiary PT Geo Energy Investama) of (i) a controlling interest in Rajawali Group subsidiary PT Golden Eagle Energy Tbk (GEE),

ABNR Acts for PT Bank IBK Indonesia on USD 66-million Rights Issue

| February 14, 2024

ABNR advised PT Bank IBK Indonesia Tbk, the Indonesian majority owned subsidiary of South Korea’s state-owned Industrial Bank of Korea,

ABNR Honored in Korea for Work on USD 711-million EV Battery Plant Financing Deal

| February 14, 2024

We are pleased to share that an ABNR deal was recently named “Project Finance Deal of the Year” at the prestigious 2023 Asian Legal Business Korea Law Awards, which were presented at the Conrad Seoul hotel on Nov. 10.

ABNR advises Indonesian Rail Operator on USD 49-million Train Set Order

| February 14, 2024

We would like to congratulate our valued client, PT Kereta Commuter Indonesia (KCI), a subsidiary of Indonesia’s state rail operator,

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