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Prohibition on the acquisition of relevant interests
Section 606 of the Corporations Act 2001 (Cth) prohibits acquiring a relevant interest in voting shares, with exceptions. This article explains the definitions and thresholds that apply, provides a full list of exceptions, relevant case studies, and further resources for legal advice.
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Transfer Duty in business acquisitions
This article explores the application of transfer duty in business acquisitions, including what it is, what is a dutiable transaction, dutiable property, dutiable value, unencumbered value, when it is determined, and who must pay.
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Changes to the Privacy Act commence today!
Changes to the Privacy Act 1988 (Cth) included the introduction of thirteen Australian Privacy Principles (App’s). Learn more about potential civil penalty orders if you are a business with a turnover of over 3 million or more, a health care provider or a business that trades in personal information.
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Are your privacy practices up to date with the amended Privacy Act 1988 (Cth)?
Organisations must act ensure compliance with the Privacy Act 1988 (Cth) reforms. Learn more about the thirteen new Australian Privacy Principles (APP’s) the penalties for non-compliance, and the steps you can take to protect your business.
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The GST going concern exemption explained
When selling a business in Australia, it’s important to know the going concern exemption to goods and services tax (GST). Learn more about the applicable threshold requirements and legislative references.
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ACCC guide on online user reviews
The Australian Competition and Consumer Commission has released guidelines to help businesses navigate the complexities of online reviews. Learn how to manage reviews, remove fake ones, and stay compliant with the Competition and Consumer Act 2010 (Cth). Read on to find out more.
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Drag along rights can be enforced in Court
This article examines a 2013 case, William McCausland v Surfing Hardware International Holdings Pty Ltd [2013] NSWSC 902, which serves as a reminder of the enforceability of drag along clauses in shareholders agreements and the complexity of factors that can affect the legal position of the parties involved.
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Silicon Beach Christmas party Brisbane 2013
280 people celebrated the holidays in Brisbane’s Exchange Hotel for Silicon Beach’s Christmas Party, making a statement that Brisbane is the Australian Startup Capital. Microsoft and Rivercity Labs sponsored the successful night, signalling a continued partnership with Dundas Lawyers in 2021.
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Redeemable preference shares – what to know
This article discusses the rights, obligations and taxation implications of Redeemable Preference Shares (REDP), hybrid securities with both debt and equity characteristics as defined by the Australian Securities and Investments Commission (ASIC). Case law examples and the process for issuing REDP according to the Corporations Act 2001 (Cth) are also discussed.
