Adam Brooks, Lisa Marcus and Nick Crawford of Thomson Geer’s Melbourne Corporate Mergers and Acquisitions team acted for Lion Selection Group Limited in successfully opposing a Takeovers Panel application and a subsequent review application to conduct proceedings issued by Lois Lane Investments Pty Ltd, Bloom Financial Advice Pty Ltd and others (collectively, the “applicants”) in […]
In addition to the changes introduced 1 July 2015 to the existing deferral rules that apply to employee share schemes, significant changes were also introduced to provide employees of Australian start-up companies with more favourable taxation outcomes in relation to particular ESS interests and to better align the taxation of these schemes with more mature […]
Background Directors and officers insurance cover is typically provided on a ‘claims made and notified’ basis. Importantly, even after its expiry the policy may, subject to the policy wording, still respond to a claim made provided it arises from facts or circumstances notified to the insurer during the term of the policy. If a policy […]
ASIC has consolidated its guidance on forward-looking statements in the mining and resources industry (Information Sheet 214) and introduced new controversial requirements.
Significant changes were introduced on 1 July 2015 to the existing concessional deferral rules that apply to employee share schemes.
A recent decision of the Takeovers Panel addressed the issue of shareholder intention statements in the context of a takeover offer. It is the first Panel decision to consider the issue of shareholder intention statements since the issue in December 2015 of the Takeover Panel’s Guidance Note 23 – Shareholder Intention Statements (GN 23).
One of the most effective ways employers can ‘lock in’ key staff is through the use of employee equity arrangements.
The Australian Stock Exchange (ASX) has long been a destination for overseas companies looking to take advantage of the benefits of an ASX listing. This can be either as a primary listing or as a secondary listing in conjunction with a listing on an overseas exchange.
The ASX has released a Consultation Paper in relation to its requirements for frontdoor and backdoor listings. We have outlined the key proposals.