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The Billabong example underlines the importance of stressing to shareholders, as Billabong did, that no transaction may emerge from a bear hug approach and that the approaching bear may ultimately decide to "shut up" rather than "put up".
15 Oct 2012
The High Court has held that a litigation funder was not providing a financial service and did not need an Australian Financial Services Licence (International Litigation Partners Pte Ltd v Chameleon Mining NL (Receivers and Managers Appointed)  HCA 45).
8 Oct 2012
The Commonwealth Government's new Environment Protection and Biodiversity Conservation Act 1999 (EPBC Act) Environmental Offsets Policy has been released, with a greater focus on direct offsets.
5 Oct 2012
The High Court has confirmed that when an employee is injured or killed as a result of someone else's negligence, the employer has at least two ways to recover some of its losses from the negligent third party.
4 Oct 2012
Today, the High Court upheld the appeals by Andrew Forrest and Fortescue Metals Group against the Full Federal Court's decision in favour of the Australian Securities and Investments.
2 Oct 2012