Corporations Act 2001 (Cth)
The Corporations Amendment (Crowd-sourced Funding) Bill 2016 (Cth), which is currently before the Commonwealth Senate, plans to amend the Corporations Act 2001 (Cth) to deal with an increase in crowd-sourced capital-raising activities by companies within Australia. A more detailed exposition and analysis of the proposed Bill is contained within the latest issue of the Company and Securities Law Journal in Catie Moore, “Equity Crowdfunding ...more
The latest Part of the Company and Securities Law Journal includes the following articles: “Deterring corporate wrongdoing: Penalties, financial services misconduct and the Corporations Act 2001 (Cth)” – Helen Bird and George Gilligan; “The adequacy of ASIC’s “tool kit” to meet its obligations under corporations and financial services legislation” – Vicky Comino; “The Australian Sports Commission’s “Governance Reform in Sport” discussion paper and voting rules in corporate constitutions” – Robert D Macdonald and Ian Ramsay. This issue also includes the following sections: Directors’ Duties – Rosemary Teele Langford: “Should the statutory business judgment rule apply to directors’ compliance decisions?” – Tim Connor.
The latest Part of the Company and Securities Law Journal includes the following articles: “Sunlight as the disinfectant for phoenix activity” – Helen Anderson; “Embracing Myanmar’s future: Reforming the 100-year-old Companies Act” – Dr Kath Hall, Dr Daw Than Nwe and Dr Khin Khin Oo; and “The controversy continues: The case for regulatory reform on members’ resolutions in Australia” – Ben Jacobsen and Howard Pender. This issue also includes the following sections: Company Law – Professor Robert Baxt AO: “The possible role of shadow directors in the collapse of Queensland Nickel Pty Ltd”; Takeovers and Public Securities – James Philips and Costas Condoleon: “Adjusting bid price for the value of franking credits in hostile bids”; Corporate Insolvency – Helen Anderson: “Labor’s policy to deal with phoenix activity affecting employees”; and Securities Industry and Managed Investments – Pamela Hanrahan: “Revisiting responsible entity directors’ liability to scheme members”.
The latest Part of the Company and Securities Law Journal includes the following articles: “Corporate governance for Australian energy and resources companies” – John Chandler and Jared Clements; “Assessing the effectiveness of ASIC’s accountability framework” – Diana Nestorovska; and “Termination payments under the Corporations Act 2001 (Cth) – Some issues” – John Sartori. This issue also includes the following sections: Corporate Governance, Corporate Responsibility and Law – Professor Jean Jacques du Plessis: “Shareholder primacy and other stakeholder interests”; and Overseas Notes: New Zealand: “Equity crowdfunding in Australia” – Gordon Walker, Alma Pekmezovic and Annabelle Walker.
With thousands in job losses and potential losses from the collapse of Queensland Nickel and given the current difficulties faced by Arrium’s Whyalla steel works, the fate of the accrued entitlements of the workers concerned appears uncertain. Taxpayers may be required to pay these entitlements to the order of hundreds of millions of dollars. Indeed, the ...more
The latest Part of the Company and Securities Law Journal includes the following articles: “Legislating for co-operative identity: The new co-operatives national law in Australia” – Ann Apps; “Corporate and personal liability for ‘culture’ in corporations?” – John HC Colvin and James Argent; and “Are directors liable in negligence for misstatements in a prospectus?” – Victoria Stace. This issue also includes the following sections: Corporate Governance, Corporate Responsibility and Law – Professor Jean Jacques du Plessis: “Disclosure of non-financial information: A powerful corporate governance tool”; Directors’ Duties: “Corporate culpability, stepping stones and Mariner: Contention surrounding directors’ duties where the company breaches the law” – Dr Rosemary Teele Langford; and a Book Review: “Directors’ Duties: Principles and Application” – JH Farrar.
The latest Part of the Company and Securities Law Journal includes the following content: “Developing Australia’s framework for corporate prosecutions” – Luke Hastings, Grant Marjoribanks and Jeremy Birch; “Misleading or deceptive conduct in the provision of financial services: an empirical and theoretical critique of the Corporations Act 2001 (Cth) and the Australian Securities and Investments Commission Act 2001 (Cth)” – Emily Klotz; “From the Wallis report to the Murray report: a critical analysis of the financial services regime between two financial system inquiries” – Matthew Peckham; and the following sections: Corporate Insolvency: “Receivership and restructuring: The Australian Productivity Commission’s proposed reforms to s 420A of the Corporations Act 2001 (Cth)” – Jennifer Dickfos and Catherine Brown.
The latest Part of the Company and Securities Law Journal includes the following content: “Equity crowdfunding in Australia: A regulatory balancing act” – Tim Ancev; “Commercial litigation under the Personal Property Securities Act 2009 (Cth): Part I” – Matthew Broderick, Dr David Morrison and Emma Ramage; “Section 1322 as a response to the complexity of the Corporations Act 2001 (Cth)” – Hui Xian Chia and Ian Ramsay; “Aspects of the law relating to contested elections of directors” – Rodd Levy; “Is a charitable donation by an insolvent company an uncommercial transaction under s 588FB of the Corporations Act 2001 (Cth)?” – Peter Sise; Corporate Insolvency: “The productivity commission, corporate insolvency and phoenix companies” – Helen Anderson, Ann O’Connell, Ian Ramsay, Michelle Welsh and Hannah Withers
The latest Part of the Insolvency Law Journal includes the following articles: “How to achieve a win for property owners and lessors – enforcing rights of possession under Pt 5.3A of the Corporations Act and relief against forfeiture” – Natalie Byrne; “Section 588FA, Burness, and Kassem: When are payments by third parties preferential?” – Jim Hartley; and “The enforcement of foreign judgments in avoidance proceedings in insolvency” – Joshua Kelly. There is also a Recent Developments section and a Report from New Zealand.
The first Part of Volume 88 of the Australian Law Journal includes the following articles: “Forrest v ASIC: A “perfect storm”” – John Humphrey and Stephen Corones; “Breach ordinarily no bar to termination” – Thomas O’Brien; and “Kable, preventative detention and the dilemmas of Chapter III” – James Stellios. Also in this Part are the following sections: Current Issues; Recent Cases; Conveyancing and Property; Family Law; Personalia; and Book Reviews.