Legislation designed to overhaul Australia’s merger clearance laws has now been passed by Federal Parliament and will significantly impact the mergers and acquisitions landscape.
Latest changes to the Corporations Act will facilitate more modern and accessible communication between consumers, businesses and regulators – with greater scope for electronic communications and document signing.
The Treasurer has announced that fees payable for applications to the Foreign Investment Review Board (FIRB) will double from 29 July 2022.
The regulatory framework that governs foreign investment in Australia, known as the ‘FIRB’ regime, is complex and often requires expert assistance to navigate. This article provides an overview of the framework and the key considerations for those seeking to invest in Australia.
The Federal Government has announced further reforms to Australia’s foreign investment framework. The reforms seek to minimise the regulatory burden on foreign investors.
Mergers, acquisitions and general commercial transactions are set to be quite different in a COVID / post-COVID world. CGW’s corporate advisory team suggests the following tips for businesses and entities in navigating this more uncertain environment.
The Federal Government has announced important changes to Australia’s FIRB framework as it combats the economic fallout triggered by the coronavirus pandemic.
Cooper Grace Ward is pleased to announce that associate, Adelaide Hayes has been listed by Australasian Lawyer as a Rising Star for 2020.
The Myer case is a landmark case for two reasons. First, it is the first Australian securities class action to proceed to judgement. Second, the Federal Court of Australia has accepted ‘market-based causation’, which has long been debated in Australia.
“We were delighted to work with the Cooper Grace Ward team on this strategically significant transaction.”
Hong Kong-based company CK Infrastructure Group’s (CKI) $13 billion bid to buy Australian APA Group and its energy network has been rejected by Treasurer Josh Frydenberg. The Foreign Investment Review Board failed to reach a unanimous ruling on the tender application but expressed concerns that the acquisition would give a single foreign company monopoly of a majority of Australian pipelines.
Cooper Grace Ward recently acted for Montserrat Day Hospitals on the sale of its hospital and healthcare business to Primary Health Care Limited.