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Results: 1-10 of 29

Supreme Court of Queensland outlines the consequences of providing for a "fair market value" in relation to the valuation of joint venture interests
  • Gilbert + Tobin
  • Australia
  • August 19 2011

Vale Belvedere Pty Ltd v BD Coal Pty Ltd 2011 QSC 173 concerned a joint venture agreement between the parties, under which Vale Belvedere Pty Ltd (Vale Belvedere) had exercised an option to purchase the interests of BD Coal Pty Ltd (BD Coal


Full Court of the Federal Court of Australia considers fiduciary and statutory duties owed by directors to a company in Omnilab Media Pty Limited v Digital Cinema Network Pty Ltd
  • Gilbert + Tobin
  • Australia
  • March 22 2012

This case concerned a joint venture company, Digital Cinema Network Pty Ltd (DCN), which negotiated with film studios and cinema owners in preparing Virtual Print Fee (VPF) agreements with regards to US film studies providing financial assistance to cinema owners converting movie projections from analogue to digital


Supreme Court of NSW considers shareholders' rights upon entering into share surrender agreements in McLaughlin v Dungowan Manly Pty Ltd (No 3)
  • Gilbert + Tobin
  • Australia
  • September 22 2011

This case concerns a long-running dispute between the parties which began in 2006


The PPSA commencement date to be delayed beyond 31 October 2011
  • Gilbert + Tobin
  • Australia
  • September 22 2011

On 2 September 2011, the Commonwealth Attorney General's department advised that commencement of the Personal Property Securities Act 2009 (PPSA) and PPS Register will be delayed, as the proposed 31 October 2011 commencement date was not achievable


COAG sets out a new milestone for national reform of directors' liability
  • Gilbert + Tobin
  • Australia
  • September 22 2011

Currently, directors and officers are subject to various Federal, State and Territory laws governing directors' liability


Supreme Court of Victoria finds total failure of consideration in JD No 6 (Dava) Pty Ltd & anor v P Battlay Holdings Pty Ltd & anor
  • Gilbert + Tobin
  • Australia
  • September 22 2011

This case concerned an agreement between the parties under which P Battlay Holdings Pty Ltd (PHB) granted JD No 6 (Dava) Pty Ltd (JD) an option to purchase one of PHB's properties


Close of submissions on senate inquiry into FIRB's "national interest test"
  • Gilbert + Tobin
  • Australia
  • September 22 2011

A Senate inquiry into the adequacy of the "national interest test" after community concerns about foreign acquisition of Australian agricultural land was launched in July, chaired by Senator Bill Heffernan


NSW Court of Appeal considers the scope of a vendor's warranty in a business sale in Aysun Pty Ltd v Cregan
  • Gilbert + Tobin
  • Australia
  • September 22 2011

This case arose from the Cregans' sale of their hotel business to Aysun Pty Ltd (Aysun


Federal Court considers request for inspection of company books in Hanks v Admiralty Resources NL
  • Gilbert + Tobin
  • Australia
  • September 22 2011

In this case, the plaintiff was a minority shareholder who held 0.00005 of the issued capital in Admiralty Resources NL (Admiralty


ASIC releases information sheet on voting on the remuneration report resolution
  • Gilbert + Tobin
  • Australia
  • September 22 2011

ASIC released an information sheet to provide options for listed companies to consider when complying with the current rules introduced by the Corporations Amendment (Improving Accountability on Director and Executive Remuneration) Act 2011 (Cth) until amending legislation is introduced to address a legislative oversight