Business Law and Corporate Law

Company served with a statutory demand has a statutory right to apply to the court to set aside the demand.

The Australian Securities & Investments Commission ("ASIC") is increasing its focus on private markets, adopting a similar approach to other international regulators.

National framework under which credit agreements are regulated.

On 27 March 2024, Australia's climate disclosure regime moved a significant step closer to implementation, with the federal government's introduction of proposed legislation into Parliament.

The Australian Government recently released an exposure draft of the legislation to implement mandatory climate-related financial disclosures (Draft Legislation).

On 14 November 2023, the Australian Government released what is described as the first of three tranches of proposed draft legislation implementing the QAR recommendations.

The Early-Stage Venture Capital Limited Partnership (ESVCLP) regime was introduced in 2007 to stimulate the early-stage venture capital sector in Australia.

Key issues to consider when calculating the financial terms of your capital raise as a startup founder.

If you are a high growth, innovative business, you could be an ideal candidate for venture capital funding.

In November 2009, the Federal Court of Australia (in Hine v New South Wales Land and Housing Corporation [2009] FCA 1242) considered whether or not a legal remedy was available for perceived injustices arising from a direction given by the Department of Housing (DOH) to its contractors, in circumstances where losses claimed were pure economic losses arising from dealings in a wholly commercial context.

On 21 April 2010 the High Court handed down its unanimous decision that damages are not available for the ‘loss of chance’ of a better medical outcome where the defendant’s negligence was merely a possible but less than a probable cause of the plaintiff’s damage.

In this case, the NSW Court of Appeal confirmed that the prima facie measure of damages where there are defects caused by a breach of a contractual obligation is the cost of rectification, provided the works to be carried out are both necessary under the contract and reasonable, affirming the principle espoused in Bellgrove v Eldridge.