News and Insights

The awkward three-way struggle between Perpetual (the Bidder for Pendal, but now also the Target of a proposal from the Regal Partners Consortium), Pendal Group (the Target of Perpetual) and the Regal Partners Consortium (the Bidder for Perpetual) ap

As far as corporate law is concerned, a good old-fashioned takeover battle is about as close to blood sport as you can get. Granted, most of the blows are delivered on A4 paper and no one (generally speaking) goes home on a stretcher, but there is so

Earlier in the month, the Australian Securities Exchange Ltd (ASX) released a consultation paper seeking feedback from the public on proposed amendments to the ASX Listing Rules to facilitate the listing of Corporate Collective Investment Vehicle (CC

It is the start to another ordinary day. You sit at your desk and fire up the laptop scanning the overnight news when you hear the unmistakable “ping” that heralds a new email arriving.   But it is no ordinary email. In bold letters in the subj

On 12 March 2021, ASIC exercised its power under s713(6) of the Corporations Act 2001(Cth) (Corporations Act) to prevent TBG Diagnostics Limited (TDL) from relying on the exceptions in section 713 to issue a short-form, transaction specific prospectu

As discussed in our recent alert, temporary measures permitting virtual shareholder meetings and e-signing by companies recently expired. Proposed legislation to extend them, namely the Treasury Laws Amendment (2021 Measures No. 1) Bill 2021 (Bill) 

On the 31 March 2021, the Australian Stock Exchange (ASX) released ASX Compliance Update no. 02/21, that detailed key amendments to: ASX Listing Rules (LR) relating to online forms, notification of security issues and corporate action timetables;

Since the onset of the COVID-19 pandemic last year, many companies have embraced temporary e-signing and virtual meeting measures which facilitated the conduct of business in a physically distanced world. Those temporary measures expired yesterday an

As global markets continue to recover in the wake of the COVID-19 pandemic, and as the groundswell of retail investor participation in equities reaches fever pitch (see our series on the GameStop saga), market sentiment in the US appears to be placin

ASIC has recently released a new immunity policy for certain market misconduct offences. Much like other forms of immunity (i.e. for cartel conduct), the first person to approach ASIC to disclose the misconduct can obtain immunity from both civil pen

Henry Ford purportedly coined the phrase “don’t find fault, find a remedy”. However, shareholders seeking a remedy in civil actions for a company’s breach of its continuous disclosure obligations may soon have to also find fault on the part o

On Thursday, 28 January 2021, the share price and volume of GME Resources Limited (GME Resources), a small Australian mining company, rocketed. This was (presumably) on the back of the meteoric rise of GameStop Corp. (NYSE:GME) (GameStop) as discusse