Australian fundraisers now have a new set of rules to follow when drafting prospectuses. These changes, announced by ASIC today, are the biggest shake-up to prospectus rules in 20 years.
10 Nov 2011
Two headline transactions in 2010 on which Clayton Utz had key advisory roles have been recognised at the 12th Annual Insto Distinction Awards held in Sydney recently, run by Insto magazine.
2 Mar 2011
A new Draft Taxation Ruling on the income tax treatment of excess bookbuild proceeds in accelerated renounceable entitlement offers (or "retail premiums") has been released for public comment.
21 Dec 2010
A person who consents to the inclusion of a defective statement in a fundraising or takeover document may be liable for losses that the defect causes.
28 Oct 2010
The Australian Federal Government announced as part of the Budget that it will phase down Australian interest withholding tax arising in respect of interest paid by financial institutions on certain offshore borrowings.
14 May 2010
