Articles
Articles
Articles
Should your contract negotiations include Terms Sheets or Heads of Agreements?
As a general rule, the more complex a potential business deal, the more clarity is needed when negotiating terms. That’s why terms sheets and heads of agreements are handy tools to get you into the home stretch of contract negotiations. What are terms sheets and...
Get your startup on the right track from the first step
Technology entrepreneurs are typically driven by a vision. They have a big idea, an appetite for hard work, and no time to waste. Accordingly, many ambitious startup founders view questions about the legal framework of their enterprise as expensive and time-consuming...
Navigating a potential insolvency? Safe harbour provisions help directors in rough water
Australia’s insolvency laws have long discouraged responsible restructuring by company directors. When balancing the potentially significant personal liability in breaching the director’s duty to prevent insolvent trading against the company’s risks in trading its way...
Company directors: avoid ASIC penalties by knowing your duties
In making 76 separate recommendations in its final report, the Banking Royal Commission took aim at many players in the Australian financial system. Justice Hayne reserved stinging criticism for the Australian Securities and Investments Commission (ASIC) over its...
ASX Rule Changes and Regulator’s Fundraising Focuses
Earlier this year, as part of announcing proposed changes to the ASX Corporate Governance Principles and Recommendations, Kevin Lewis, the ASX’s Chief Compliance Officer, outlined a series of proposed changes to ASX Listing Rules (LRs). If implemented, these changes...
When is material information material?
ASX price sensitivity and cross-release indication of announcements This article provides a summary of functionality changes to the ASX Online markets announcements platform (MAP) that became active on and from 6 August 2018. Background ASX is introducing...
Can’t touch this?
Expanding the transactions that a liquidator can recover as an unreasonable director-related transaction. Recently our firm has been instructed in a matter where the limits of a liquidator’s powers under the unreasonable director-related transaction...