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Insolvent trading ASIC releases regulatory guide for directors

Piper Alderman
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Australia
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September 22 2010

The Australian Securities and Investments Commission (ASIC) has released Regulatory Guide 217 (RG 217) to assist directors in understanding and complying with their duty to prevent insolvent trading under the Corporations Act 2001 (Cth) (the Act

Application of Part IVA in corporate reconstructions getting the alternate postulate right

Piper Alderman
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Australia
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September 20 2010

There have been two recent cases involving corporate reconstructions with contrasting results for the taxpayer in relation to the application of Part IVA to those factual situations

Reporting on resource reserves

Piper Alderman
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Australia
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September 24 2010

While many will be aware of the Australian Securities Exchange's (ASX's) 2007 proposal to amend the Listing Rules to improve reserve reporting, there have since been further investigations into these issues

New resource tax arrangements: narrowing of the RSPT

Piper Alderman
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Australia
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September 24 2010

On 2 July 2010, the Australian Government announced revised resource tax arrangements to replace the previously announced Resource Super Profits Tax

Australia seeks to promote itself as a player in arbitration

Piper Alderman
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Australia
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September 22 2010

Globalisation has a range of impacts

Australian European Community Agreement on Trade in Wine

Piper Alderman
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Australia, European Union
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September 22 2010

The primary purpose of the Amendment Act is to bring into force the Australian European Community Agreement on Trade in Wine, which was signed on 1 December 2008 in Brussels, by Australia and the European Community

Overbearing wife is no grounds for dismissal

Piper Alderman
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Australia
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September 22 2010

Commissioner Roberts described the wife of the Applicant in Lindsay Wade v Murray Security Services as "an aggressive serial pest" to the Respondent security company (MSS) but did not allow her actions to be imputed onto her husband for the purpose of terminating his employment