..Increase in penalties for non-compliance
-On 12 March 2014 substantial amendments to the Privacy Act come into effect. The new laws are backed by a significant increase in penalties for non-compliance…more
The High Court has found it permissible for liquidators of corporate landlords to "disclaim" leases held by solvent tenants.
While it has been typical for the liquidator of an insolvent lessee to repudiate the lessee’s…more
The Warsaw Climate Change Conference (COP 19) was labelled, from the outset, as an “implementation COP”. What that meant in practice was that no ground-breaking new deals were expected (nor did they occur)…more
Mergers and acquisitions and/or joint ventures are integral to many companies’ growth strategies - whether to lower manufacturing costs, consolidate supply chains, access growing consumer markets, tap into fresh talent or to…more
Recent Developments -
Over the weekend, Iran and the E3+3 countries (i.e., China, France, Germany, Russia, United Kingdom, United States) announced a provisional deal, the Joint Plan of Action ("JPA"), to address Iran’s…more
From 23 November 2013, all sponsors for the Subclass 457 visa will need to satisfy the newly introduced Labour Market Testing (‘LMT’) requirement in order to secure the visa or sponsorship transfer for their candidate…more
At the most recent Hotel Investment Conference Asia Pacific held in Hong Kong from the 16th to the 18th October, 2013 we conducted a Master Class focussed on the abovementioned topic.
In advance of the conference we…more
Recent developments -
The High Court of Australia (High Court) recently took a very practical approach to resolving a dispute relating to the inadvertent disclosure of privileged documents. The decision, ordering the…more
The Building and Construction Industry Security of Payment Amendment Bill 2013 (NSW) (Bill) puts into effect several recommendations of the Collins Inquiry into Construction Industry Insolvency (November…more
The recent decision by the Australian Trade Marks Office in CUB Pty Ltd v Elixir Signature Pty Ltd serves as a useful reminder to trade mark owners regarding the potential for third party attacks on their registered rights. In…more
The current situation -
The Government has now released the draft legislation to repeal the Carbon Pricing Mechanism (CPM) legislation and has sought comments on the draft by 5 November 2013…more
Collateral damage of a sledgehammer cracking a nut -
NSW Supreme Court finds a Choice of Law Clause void as an exclusion of the operation of the NSW Security of Payment Act:
A clause in contracts relating to…more
In This Issue:
..New grandfathering regulations coinciding with the commencement of FOFA
..ASIC increases NTA requirements for custodians
..New Basel III disclosure requirements
Government issues Interim Statement of Expectations to NBN Co -
On 24 September 2013, the new Government issued an interim statement of expectations to the NBN Co. The Statement is the first in a series of directions to…more
This newsletter's fifth edition covers key tax matters and developments in Australia, China, Hong Kong, Indonesia, Malaysia, Singapore, Thailand and Vietnam.
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