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Safe Harbors Australia

Perkins Coie

Blockchain Week in Review - February 2020

Perkins Coie on

U.S. Developments - SEC Commissioner Proposes Safe Harbor for Token Offerings - In a speech on February 6th at the International Blockchain Congress in Chicago, Securities and Exchange Commission (“SEC”) Commissioner...more

Jones Day

A Matter of Equity: ASX-Listed Companies Funding Conditional Acquisitions Through Their Shareholders

Jones Day on

In Australia, a clear procedure does not exist for ASX-listed companies to obtain financing from their existing shareholder base for conditional acquisitions. Generally, a company will need to ensure sufficient funding is...more

Jones Day

ASX Releases Continuous Disclosure Guidance on the Insolvent Trading Safe Harbour

Jones Day on

On 9 March 2018, an updated version of the Australian Securities Exchange's ("ASX") Guidance Note 8 came into effect to include guidance on a listed entity's continuous disclosure obligations in the context of the new...more

K&L Gates LLP

ASX Guidance on Continuous Disclosure Obligations in Light of the Safe Harbour Reforms

K&L Gates LLP on

In a previous Legal Insight, we foreshadowed potential guidance from the ASX on the interaction between the new insolvent trading safe harbour laws and the continuous disclosure obligations of a public company. On 9 March...more

K&L Gates LLP

Navigating the Safe Harbour – To Disclose or not to Disclose?

K&L Gates LLP on

The Safe Harbour reforms that became law on 19 September 2017 aim to create a better environment for the effective corporate rescue of distressed companies. By removing the perceived fear of insolvent trading from directors...more

K&L Gates LLP

I Get Knocked Down, But I Get Up Again

K&L Gates LLP on

Australia has long been known for its “have a go” attitude and it appears that this sentiment has been behind major reform in Australia’s restructuring and insolvency laws over the past year. Originally published in INSOL...more

Morgan Lewis

Reform Comes to Australian Restructuring and Insolvency Law

Morgan Lewis on

Two key changes made to Australian insolvency law enhance restructuring efforts in Australia and could improve outcomes for US investors. ...more

K&L Gates LLP

Australian Insolvency Reforms - The Harbour Appears Safer Than it Was

K&L Gates LLP on

On 1 June 2017, the Treasury Laws Amendment (2017 Enterprise Incentives No. 2) Bill 2017 (Bill) was introduced to the House of Representatives. The Bill introduces amendments to the Corporations Act 2001 (Cth) (Act) that are...more

K&L Gates LLP

M&A Deal Points

K&L Gates LLP on

On 28 March 2017, the Federal Government released its long awaited draft legislation that is designed to encourage restructuring of distressed businesses. The proposed legislation is open for consultation with the...more

K&L Gates LLP

Australian Insolvency Reforms – Is the Harbour Safe Yet?

K&L Gates LLP on

On 28 March 2017, the Federal Government released its long awaited draft legislation for reforms to insolvency laws in Australia. The changes focus on providing a safe harbour for directors of distressed companies and a stay...more

K&L Gates LLP

The Harbour is Not Yet Safe – Reform on the Move in Australia

K&L Gates LLP on

Following on from the Productivity Commission's Report on Business Set-up, Transfer and Closure, the Australian Government has issued a Proposals Paper entitled Improving bankruptcy and insolvency laws. The paper has...more

K&L Gates LLP

Will the Safe Harbour Ipso Facto Assist with Restructuring in Australia? - Proposed Reform to Australian Insolvency Laws

K&L Gates LLP on

The Productivity Commission has handed down its long-awaited report on Business Set-Up, Transfer and Closure (Report) to the Australian Federal Government. Key recommendations from the Report have been embraced by the...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - January 2014

In This Issue: - Ramifications of the Target Data Breach - California Federal Judge Winnows Down Massive Privacy Class Action - White House Launches “Big Data” Review - Senator Rockefeller Issues Data Broker...more

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