Baker & McKenzie Australia

A recent decision of the Federal Court of Australia ATS Pacific Pty Ltd v Commissioner of Taxation [2013] FCA 341 (15 April 2013) raises significant issues for sellers of packaged tours. The Court found that a term could be…more

Earlier this week on 14 May, the Treasurer delivered the Australian Federal Budget for 2013-14. Whilst it contains no real surprises for the pharmaceutical or medical technology sectors, it shows how much the Pharmaceutical…more

The Treasurer has delivered the 2013-14 Budget. With the Treasurer noting that almost $170 billion has been wiped off tax receipts since the GFC, a series of measures increasing the tax burden of multinationals, foreign…more

Commercial tenancies may be extinguished by a liquidator appointed to a landlord company by exercising the statutory right under the Corporations Act 2001 (Cth) to disclaim certain property…more

There is an increasing trend in the UK towards accepting a blanket notification of claims, or circumstances that might give rise to a claim, as valid notification under an insurance policy. Australian companies should similarly…more

Introduction - The Myanmar Ministry of Energy (Ministry) has commenced an auction for 30 oil and gas blocks in the Myanmar offshore areas. The auction invites bids for 11 shallow water blocks and 19 deep water blocks, to…more

ACMA warns about getting CISs right - The ACMA has formally warned Activ8me and Sure Telecom about failing to make available critical information summaries (CISs) in breach of the Telecommunications Consumer Protections…more

Increased Regulation of Interactions with Healthcare Professionals - In an effort to increase the transparency of interactions between pharmaceutical companies and health care professionals the new (17th) edition of the…more

Introduction - Significant amendments to the Australian Customs seizure regime came into force this week. As foreshadowed in our previous Client Alert, the amendments address practical difficulties experienced by intellectual…more

The Australian Securities & Investments Commission (ASIC) recently released Consultation Paper 205 Derivative transaction reporting (CP 205) seeking feedback on its proposals to implement a derivative transaction reporting…more

Introduction - Over the last few months, we have witnessed a significant uptick in activity in relation to management agreement negotiations both in Australia and elsewhere…more

Single compliance mark commences - The single regulatory compliance mark (RCM) scheme began on 1 March 2013. This begins a 3 year transitional period with compulsory A-tick and C-tick marks being phased out by 1 March…more

The Federal Government (the Government) tabled the Australian Charities and Not-for-profits Commission Amendment Regulation 2013 (No 1) (the Governance Standards) in Parliament on 12 March, following a public consultation that…more

Introduction - Regulations implementing a number of reforms to the trade mark system in Australia have now been released following a period of public comment and response by IP Australia. This alert focuses on the…more

On 14 March 2013, the Commercial Arbitration Act 2013 (Act) was passed in Queensland. This Act brings Queensland into line with all States and Territories (except for the Australian Capital Territory) that have enacted the…more