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30 Apr 2024
Latest Development on Australian Carbon Credit Unit
Recent legislative and regulatory changes to the Australian Carbon Credit Units (ACCUs) scheme aim to enhance its integrity and efficacy. Key proposals include restructuring emissions reduction methods, improving governance, and ceasing approvals for certain projects like avoided deforestation due to additionality concerns. Moreover, projects at Safeguard facilities will now generate Safeguard Mechanism Credits instead of ACCUs, streamlining carbon abatement efforts.
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Insights
14 Apr 2024
Liquidated Damages Clauses in Australian Contract Law: Penalty or Genuine Estimate of Loss?
Liquidated damages clauses play a pivotal role in Australian contract law, offering numerous benefits to contracting parties. However, these clauses must be carefully drafted to avoid being considered a penalty, which would render them unenforceable. This article explores the importance of liquidated damages clauses in Australian contract law, the potential risks associated with them, and best practices for drafting enforceable clauses.
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Insights
26 Mar 2024
The Importance of Dispute Resolution Clauses in Contractual Agreements
In today's complex business world, conflicts between contracted parties are almost inevitable. To minimise the potential for costly and time-consuming litigation, it is essential to include a well-crafted dispute resolution clause in every contractual agreement. This essay explores the nature of dispute resolution clauses, the various processes they may include, and the key benefits they offer to contracting parties.
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Insights
28 Feb 2024
Latest Development on IP Law
In 2024, Australian Intellectual Property law will undergo significant changes with IP Australia's adoption of the Madrid Goods and Services List and the introduction of the Intellectual Property Laws Amendment (Regulator Performance) Act 2023, which includes enhanced protections for Olympic insignia and refined trade mark and patent processes.
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Insights
17 Dec 2023
The Consequences of Failing to Identify and Address the Legal and Regulatory Risks During the Due Diligence in Mergers & Acquisitions
Due diligence risk and compliance checks assist companies in protecting their interests, such as in the context of M&A transactions, safeguarding the value chain, or complying with regulations aimed at preventing money laundering, bribery, and corruption. In general, due diligence can benefit companies in the following six ways:
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Insights
16 Oct 2023
How Do Foreign Investors Successfully Acquire the Approval of Foreign Investment in Australia?
All you need to know about foreign investment in Australia...
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