December

Comments sought on proposed changes to Northern Territory petroleum legislation - Amendments to petroleum legislation in the Northern Territory are being proposed to give effect to a number of recommendations of the Independent Scientific Inquiry into Hydraulic Fracturing.
Major projects & construction: 5 Minute Fix 25 - Get your 5 Minute Fix of major projects and construction news. This issue: latest updates to NSW security of payment legislation; further cladding reforms for Queensland; NSW Court of Appeal outlines when adjudicators' decisions will be invalid for lack of good faith; and is quantum meruit bound for the High Court?
Media Release: Clayton Utz advises Spookfish on successful $137 million scheme of arrangement with EagleView - Clayton Utz congratulates its client Spookfish Limited (ASX: SFI) on the successful implementation of its scheme of arrangement with Eagle View Technologies, Inc.
Media Release: Clayton Utz advising Euroz and Sprott on $43.2m placement by West African Resources - Clayton Utz is acting for Euroz Securities Limited and Sprott Capital Partners, a division of Sprott Private Wealth LP, as joint lead managers, underwriters and bookrunners to West African Resources Limited's $43.2 million placement, which forms part of the company's $326 million debt and equity funding package announced to the ASX today.
More streamlined process, wider pool of buyers, for administrators in restructuring following Mesa Minerals decision - A court decision to allow a sale to insiders of a company subject to a deed of company arrangement will make the restructuring process smoother for administrators, who can now negotiate with a wider pool of potential purchasers.
New rehabilitation framework for mining projects in Qld - Progressive Rehabilitation and Closure Plans and a new public interest consideration for mines have been introduced into Queensland.
NSW Government seeks comment on SEPP 70 changes to accelerate affordable housing - The NSW Government is seeking feedback on proposed changes to the State Environmental Planning Policy No. 70 – Affordable Housing (Revised Schemes) (SEPP 70).
Queensland amends regulated waste classification and implements new waste-related ERA framework - Waste facilities should review their current waste-related activities against the new regime to ensure compliance and determine any changes in regulation and costs.
Real estate: 5 Minute Fix 04 - Get your 5 Minute Fix of real estate news. This issue: new protections for off-the-plan sellers in NSW; build-to-rent development exemptions in Vic; WA's new strata and community titles regime; WA's new foreign purchaser transfer duty surcharge; new obligations under WA's biodiversity regime, FIRB update; cladding update; NSW Retail Leasing Code of Practice; how the new Modern Slavery laws could affect you.
Time to review your template contracts and precedent leases or risk parts being unenforceable - Some common clauses in template contracts and precedent leases could fall foul of the unfair contract laws – and lead to a visit from the ACCC.
Tougher penalties for white collar crime – can you spare 10% of your annual turnover? - The Bill amends the Corporations Act, ASIC Act, Credit Act and Insurance Contracts Act to strengthen penalties for corporate and financial sector misconduct.

Disclaimer

Clayton Utz communications are intended to provide commentary and general information. They should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this communication. Persons listed may not be admitted in all States and Territories.