The NSW Supreme Court recently handed down the latest quantum judgment in the long running dispute between FX Group Holdings Pty Ltd and Perpetual Trustee Company Ltd, concerning the interpretation of a contingent...more
The decision in Rose v Manno Kingsway Pty Ltd (2025) 116 NSWLR 598; [2025] NSWCA 23(Bell CJ, Mitchelmore and Adamson JJA) has confirmed that although the advance of consideration chronologically before the execution of a...more
2/17/2026
/ Appeals ,
Appellate Courts ,
Australia ,
Consideration ,
Contract Disputes ,
Contract Formation ,
Contract Interpretation ,
Contract Terms ,
Debt Collection ,
Enforceability ,
Loan Agreements ,
Promissory Estoppel ,
Unenforceable Contract Terms
In September 2024, Australia introduced sweeping reforms to its anti-bribery and corruption (ABC) regime with the Crimes Legislation Amendment (Combatting Foreign Bribery) Act 2024 (Foreign Bribery Act), which came into...more
2/13/2026
/ Anti-Bribery ,
Anti-Corruption ,
Australia ,
Bribery ,
Compliance Management Systems ,
Corporate Liability ,
Corporate Misconduct ,
Corruption ,
Due Diligence ,
Enforcement Actions ,
Investigations ,
New Legislation ,
Whistleblowers
Australia’s autonomous sanctions regime has continued to evolve over the past 12 months. Driven by ongoing geopolitical tensions, increased global coordination and a commitment to strengthening compliance frameworks, 2025 has...more
2/13/2026
/ Australia ,
Compliance ,
Cybersecurity ,
Due Diligence ,
Economic Sanctions ,
Enforcement Actions ,
Export Controls ,
Foreign Policy ,
Iran ,
Maritime Transport ,
North Korea ,
Oil & Gas ,
Russia ,
Sanctions ,
Supply Chain ,
Ukraine
Welcome to the HSF Kramer White Collar Crime and Government Investigations Outlook 2026: Trends in APAC -
The risk landscape confronting corporates continues to shift quickly, shaped by geopolitical volatility, ongoing...more
2/13/2026
/ AML/CFT ,
Anti-Bribery ,
Anti-Money Laundering ,
Artificial Intelligence ,
Asia ,
AUSTRAC ,
Australia ,
Compliance Management Systems ,
Corporate Crimes ,
Due Diligence ,
Internal Investigations ,
Risk Management ,
Sanctions ,
Supply Chain ,
Whistleblowers ,
White Collar Crimes
In a significant decision for international arbitration and sovereign risk, the Federal Court of Australia has confirmed that the Kingdom of Spain waived its foreign State immunity in proceedings seeking recognition and...more
12/18/2025
/ Arbitration Awards ,
Constitutional Challenges ,
Energy Charter Treaty ,
Enforcement Actions ,
EU ,
Foreign Direct Investment ,
ICSID ,
International Arbitration ,
Investment Disputes ,
Investor-State Arbitration ,
Jurisdiction ,
Renewable Energy ,
Sovereign Immunity
The Australian Federal Police (AFP) has charged the director of a registered remittance company for allegedly remitting approximately $649,000 to sanctioned Iranian banks, in contravention of Australia’s autonomous sanctions...more
In most jurisdictions in Australia, a prospective plaintiff can obtain preliminary discovery orders from a Court to ascertain whether it has a right to obtain relief from a prospective defendant, before it commences any...more
12/8/2025
/ Arbitration ,
Arbitration Agreements ,
Commercial Arbitration ,
Contract Drafting ,
Contract Interpretation ,
Contract Terms ,
Discovery ,
Discovery Disputes ,
Dispute Resolution ,
Dispute Resolution Clauses ,
Document Productions ,
International Arbitration ,
Motion To Stay ,
Stays ,
UNCITRAL
On 5 November 2025, the High Court of Australia handed down judgment in Shao v Crown Global Capital Pty Ltd [2025] HCA 43, allowing an appeal from a decision of the New South Wales Court of Appeal (see Shao v Crown Global...more
12/1/2025
/ Appeals ,
Australia ,
Borrowers ,
Breach of Contract ,
Commercial Litigation ,
Condition Precedent ,
Contract Disputes ,
Contract Interpretation ,
Contract Terms ,
Creditors ,
Debt ,
Divorce ,
Lenders ,
Loan Agreements ,
Loans
We are pleased to bring you the latest edition of the HSF Kramer white collar crime and government investigations global round-up. This six-monthly publication calls on lawyers from around the world to provide updates from...more
11/25/2025
/ AML/CFT ,
Anti-Corruption ,
Anti-Money Laundering ,
Asia ,
Australia ,
China ,
Corruption ,
Department of Justice (DOJ) ,
Due Diligence ,
Enforcement Actions ,
EU ,
FATF ,
Foreign Corrupt Practices Act (FCPA) ,
Fraud ,
Government Investigations ,
Middle East ,
Money Laundering ,
New Legislation ,
Pharmaceutical Industry ,
Popular ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
South Africa ,
Sustainability ,
UK ,
United Arab Emirates (UAE) ,
White Collar Crimes
On 15 October 2025, the NSW Supreme Court found that US pharmaceutical company, Cosette Pharmaceuticals, Inc. did not validly terminate its $672 million takeover of ASX-listed Mayne Pharma Group Limited. Justice Black found...more
10/31/2025
/ Commercial Litigation ,
Contract Disputes ,
Contract Interpretation ,
Cross-Border Transactions ,
Due Diligence ,
Healthcare ,
Material Adverse Change Clauses (MACs) ,
Mergers ,
Pharmaceutical Industry ,
Private Equity ,
Takeover Bids ,
Termination Rights
The judgment clarifies key principles around Material Adverse Change (MAC) clauses, forecast disclaimers, and termination rights. On 15 October 2025, the NSW Supreme Court found that US pharmaceutical company, Cosette...more
10/30/2025
/ Australia ,
Breach of Contract ,
Disclaimers ,
Due Diligence ,
Food and Drug Administration (FDA) ,
Material Adverse Change Clauses (MACs) ,
Merger Agreements ,
Pharmaceutical Industry ,
Representations and Warranties ,
Takeovers ,
Termination Rights
A quick recap on reforms affecting reporting entities The Amended AML/CTF Act removed the concept of "designated business groups" and replaced this with "reporting group". The concept of "reporting group" means that, if...more