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Tag: corporate

“Safe Harbour” Laws – How can Directors’ Steer the Ship During Uncertain Financial Times?

In challenging financial times, a company director’s role is fraught with difficult decisions regarding continued operations and the preservation of the business. These decisions may be influenced by the risk…

COVID-19: Temporary Changes to Foreign Investment (FIRB) Approval Requirements

On 29 March 2020, the Australian Government announced temporary changes to foreign investment approval requirements in Australia, for the purposes of protecting the national interest while the coronavirus outbreak puts…

What are Directors’ Duties during Uncertain Financial Times?

Following Australia’s drought and bushfires, and in the face of COVID-19, the risks faced by a company are continuously evolving. Company directors need to be vigilant in understanding and satisfying…

COVID-19: Privacy Obligations and Cyber Security for Business

The OAIC has released guidance on how employers may continue complying with their privacy obligations, whilst collecting and disclosing personal information in order to manage the spread of coronavirus. As…

Coronavirus (COVID-19): Important Temporary Relief in Insolvency Law

The Australian Government has introduced temporary measures to curtail the impact of COVID-19 on Australian businesses by lessening the threat of otherwise viable businesses being placed into external administration. In…

Coronavirus (COVID-19): Corporate Governance Issues

The Australian Government’s social distancing policies, in an attempt to contain the spread of the novel coronavirus (COVID-19), are creating a host of issues and implications for the corporate governance…

Coronavirus (COVID-19): Force Majeure Clause Answers for the Wine Industry

You can generally only invoke a “force majeure” clause to relieve you from your obligation to perform under a contract if performance is impossible.Effect of Force Majeure Clauses Force majeure…

Coronavirus (COVID-19): The Insurance Contract Obligations I Must Consider

On 12 March 2020 the Insurance Council of Australia declared the Coronavirus outbreak an “insurance catastrophe”.It has established a national task-force which will collate data from insurers in order to…

Coronavirus (COVID-19) and Force Majeure Clauses in Contracts

With the spread of Coronavirus (COVID-19) the potential impact of force majeure clauses in contracts has come under increased scrutiny.What is a Force Majeure Clause? Force majeure clauses seek to…

Coronavirus (COVID-19): A Legal Overview

On 11 March 2020, the World Health Organisation (WHO) officially declared Coronavirus (COVID-19) a “pandemic”. The WHO defines a pandemic as “the worldwide spread of a new disease”. The onset…

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