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Recent eAlerts
Centro settles class action: key lessons for business
David Hope, a partner in our Dispute Resolution Group, talks to Boardroom Radio about the Centro class action, and the key lessons resulting for Australian businesses.
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May 2012
Risk of additional reporting requirements for foreign and private resources companies
On 26 April 2012, the Standing Council on Energy & Resources (SCER) released an Issues & Options Paper (Options Paper), seeking public and stakeholder comments on proposals to expand reporting obligations on those resources companies not already subject to ordinary disclosure requirements under the ASX Listing Rules. This Options Paper is in addition to the current consultation process being undertaken by the ASX and Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC) in respect of enhanced disclosure obligations under the ASX Listing Rules (for our eAlerts on this issue, please click here More...
May 2012
James Hardie: High Court issues warning to boards – minutes will bind you
The High Court has unanimously found the former non-executive directors of James Hardie to be in breach of the Corporations Act in approving a misleading draft Australian Stock Exchange (ASX) announcement. More...
May 2012
James Hardie: High Court's decision poses new risks for company secretaries and general counsel
The High Court dismissed an appeal by the former general counsel and company secretary of James Hardie, finding that he breached the Corporations Act by failing to discharge his duties as an officer of the company with the degree of care and due diligence that a reasonable person in his position would have exercised. More...
May 2012
Convergence Review's final report released
The Convergence Review Committee, established early last year, has been tasked with examining the operation of media and communications regulation in Australia and assessing its effectiveness in achieving appropriate policy objectives. It has concentrated on promoting innovation and simplifying the current regime. Regulation based on 1990s services cannot take into account the evolution of emerging technologies and increasing broadband speeds. In a previous eAlert!, we commented on the Committee's interim report, which was handed down in December 2011. More...
May 2012
What is a period of Continuous Service?
In the decision of Bambach v WorkPac Pty Limited [2012] FWA 670, Commissioner McDonald found that a period of paid workers compensation leave counted towards service for the purpose of calculating the minimum period of employment.
The Commissioner held that Bambach's unfair dismissal claim could continue. Australian industry Group (AiG) is currently appealing this decision.
May 2012
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