15Sep
Another Reason for ASIC Not to Litigate
The Situation: Australia's corporate regulator, the Australian Securities and Investments Commission ("ASIC") brought proceedings against two former directors of Tennis Australia ("TA") alleging that they engaged in numerous contraventions of their duties under the Corporations Act 2001 (Cth) in respect of their conduct during negotiations between TA and Seven Network Holdings (Seven) for a renewal of an agreement for the domestic broadcast rights to tennis tournaments. The Judgment: In ASIC v...
By:
Jones Day
Related
After a standout 2018, real estate M&A has dropped significantly in the first half of 2019, but segm...
Read More >
From 1 January 2020, the amount of the unemployment insurance contribution (hereinafter: ''WW-premiu...
Read More >
Sweeping changes to corporate whistleblowing laws in Australia came into effect on 1 July 2019. The ...
Read More >
We previously wrote about whether and how public-private partnerships (P3s) could be the answer to U...
Read More >
With the outbreak of the corona virus dominating headlines, it is a great time to dust off the compa...
Read More >
Bank transaction activity has picked up as small and midsize banks look to adjust their business mod...
Read More >