ASIC releases Consultation Paper with plans to update guidance on the takeovers exception for downstream acquisitions.

On 13 November 2007, the Takeovers Panel reissued Guidance Note 7 regarding its approach to lock-up devices in control transactions.

Environmental Upgrade Agreements offer building owners a way to finance projects to improve their 'green' credentials.

The Foreign Investment Review Board (FIRB) has recently published new guidance on its assessment of foreign investment proposals under the "national interest" test.

Can you use two bars of music without permission? While the question may seem straightforward, the answer following the Federal Court’s decision of Larrikin Music Publishing Pty Ltd v EMI Songs Publishing Pty Ltd [2010] FCA 29 ("Kookaburra Case") is not.

Hewlett-Packard was fined $3 million for making false and misleading representations about consumer guarantee rights.

A liquidator in a creditors' voluntary liquidation should consider applying to convert to a Court ordered winding up.

Any demand for the return of goods ought be given serious consideration. Continued use of someone else's goods without intention to "convert" may be conversion, and refusal to deliver up the goods may be detinue. Poor record keeping and ignorance are no excuse. Refusing audits to ascertain ownership will not be looked upon favourably by a Court.

The legislation aims to regulate the operation and use of gaming machines as well as other issues of problem gambling.

On 17 May 2011, the Joint Select Committee on Gambling Reform (JSCOGR) announced its Inquiry into Interactive Gambling. Among the matters to be considered by the Inquiry are the current regulatory framework relating to interactive gambling (which will involve a review of both gaming and wagering over the Internet), as well as issues relating to match-fixing and gambling advertising. In our conversation with an officer of the Committee today, submissions from all parties involved in, or intereste

A scheme of arrangement to acquire shares in a company must be approved by the requisite majorities.

Something you will want to be assured of, when providing advice and professional services to your clients, is the protection of a valid insurance policy.

The decision of Greenwood J in Mayne Industries Pty Ltd v Advanced Engineering Group Pty Ltd [2008] FCA 27 was delivered on 23 January 2008.

The first Australian Twitter-based defamation case provides a timely reminder of possible exposure and adverse impacts.

Deputy Commissioner of Taxation v PM Developments Pty Ltd [2008] FCA 1886 is a recent test case in which a liquidator challenged the ATO's position that liquidators are personally liable for GST from taxable supplies made after the wind up order.

Australian gambling law will be in a state of flux, with a Federal election and a review of online gambling legislation.

The Policy sets out priority areas and key factors to be considered when determining whether to take enforcement action.

On 2 April 2014, the Government released exposure drafts of the amended Code.

The case only reinforces that contracting parties should state the scope of damages to be excluded as consequential loss.

Under common law and under the FWA, an employee may be summarily dismissed if he or she engages in "serious misconduct".