News and Insights

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

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

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

In the first article in this series of publications, we discussed the possibility of a “short squeeze” contributing to the meteoric rise of the stock price of GameStop Corp. (NYSE:GME) (GameStop). However, when placed against the backdrop of the

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

It is safe to say that publishing an article about a video-game retailer headquartered in the United States, GameStop Corp. (NYSE:GME) (GameStop) and its part in an online quasi-revolution by retail investors turned keyboard rebels, against Wall Stre

In a recent Compliance Update no. 12/20, the Australian Securities Exchange Limited (ASX) released updated guidance on Guidance Note 8 (GN 8) - Continuous Disclosure.  We detail the Guidance Note changes and consider the case of ASIC v Big Star Ene

Today, ASIC  flexed its muscle and delivered a swift blow to the capital raising hopes of ASX listed, Regional Express Holdings Limited (REX) in response to continuous disclosure breaches ASIC alleges occurred in May 2020.   As a result of ASICs a

Key points Directors have been temporarily relieved of their duty to prevent insolvent trading during the COVID-19 pandemic. That relief is scheduled to expire on 31 December 2020.  Many commentators believe that directors can only avail themse