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Director identification numbers are finally here but what do directors need to do to meet their legislative obligations?

Australia - November 3 2021 From 1 November 2021, applications are open for directors to apply for a director identification number (DIN). As the first of its kind in Australia…

Craig Ensor, Justin Fox, Felicity Saxon

De-risking in response to permanent changes to Australia’s continuous disclosure laws

Australia - October 6 2021 From 14 August 2021, listed entities and their officers will only be liable for penalty proceedings where they are knowingly involved in a failure to…

Joshua Levy, Kate Mani, Daniel Marquet, Chris Pagent

Corporate ‘greenwashing’ the latest target for climate change litigation

Australia, USA - September 2 2021 As an oil and gas giant recently became the first corporate to be hit with Australian proceedings for alleged climate-related ‘greenwashing’, one…

Andrew Korbel, Zoe Caldwell, Jodi Gray

Ordinary course in extraordinary circumstances: the operation of the ordinary course covenants

Australia - June 22 2021 The phrase ‘ordinary course of business’ is ubiquitous in modern commercial agreements. Many everyday contracts include variants in language that…

Cornell Calitz-Havemann, Katrina Sleiman, Gaynor Tracey

ASIC publishes INFO255 to establish rules for activist short sellers

Australia - June 11 2021 While ASIC information sheet INFO255 is a welcome attempt to establish workable rules for ’activist short sellers’, we query whether the guidance…

Justin Fox, Lauren Midgley