Australia: Corporate Governance

Subscribe
Business law and corporate law thought leadership, articles, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics that involve business and corporate law produced by specialists working in this area every day.
Article
Beyond The Boardroom: What The Star Entertainment Decision Means For Governance Leaders
The Federal Court's landmark decision in ASIC v Star Entertainment Group reveals critical governance failures that occurred well before matters reached the boardroom, with profound implications for general counsel, company secretaries, and in-house legal teams. This analysis examines how information flow breakdowns, inadequate risk escalation, and the blurring of legal and operational responsibilities created personal liability exposure for senior legal officers.
Australia Commercial
PA
Piper Alderman
Podcast
Essential ESG: Episode 30 – Navigating Australia’s Mandatory Climate Reporting Regime (Podcast)
Partners Sophie Parr, Anna White and Kate Gill-Herdman examine Australia's mandatory climate reporting regime, exploring the practical challenges faced by Group 1 reporters in their first reporting cycle. The discussion covers directors' duties, ASIC's early observations on reporting quality, and the heightened greenwashing risks arising from inconsistencies between sustainability reports and financial statements.
Australia Commercial
CC
Corrs Chambers Westgarth
Article
Bare But Not Unfair: Court Approves Naked No Vote Break Fee
The recent Ausmincon/Afry scheme has reignited debate over naked no vote break fees in Australian M&A transactions. While these fees have been largely absent from public deals for the past decade, the Court's decision reconfirms they are not inherently coercive and need not be minimal. What factors enabled this $1 million break fee—exceeding 1% of equity value—to withstand judicial scrutiny?
Australia Commercial
KL
Herbert Smith Freehills Kramer LLP
Article
ASIC v Bekier: A Landmark Australian Decision On Director And Officer Accountability
The Federal Court of Australia has ruled that Star Entertainment Group's former CEO and chief legal officer breached their statutory duties by failing to properly escalate critical anti-money laundering risks and misleading communications to the board, while dismissing claims against non-executive directors. This landmark decision establishes crucial precedents for executive accountability, information governance, and the indivisibility of duties for officers holding multiple roles, with implications extend
Australia Commercial
AO
A&O Shearman
See more