Australia: Arbitration & Dispute Resolution

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Article
NSW Supreme Court Confirms That A Prior Acquisition In A Public Landholder Is Not To Be Disregarded Where A Subsequent Acquisition Occurs
The NSW Supreme Court's decision in ISPT Pty Ltd v Chief Commissioner of State Revenue addresses whether a taxpayer's acquisition of a 19.46% interest in a private landholding unit trust must be aggregated with a previously acquired 75.8% interest obtained when the trust was still a public landholder.
Australia Real Estate
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
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