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Commercial and Corporate update: Employee Equity Schemes – A ‘Carrot’ in Tight Labour Market

by admin | Sep 16, 2022 | Commercial and Corporate

In a tight labour market with increasing labour costs, an employee equity scheme (“EES”) can help differentiate other employers from ‘employers of choice’ and help companies attract and retain the best possible talent. There have been significant developments in the...

Media release: KCL Law acts for myDNA in acquisition of ‘28 by Sam Wood’ in a $71.2 million deal

by admin | May 11, 2022 | Commercial and Corporate

KCL Law’s Commercial and Corporate team acted for myDNA in its successful acquisition of the exercise and nutrition program ‘28 by Sam Wood’ in a $71.2 million (US$50 million) deal. myDNA — a Melbourne founded genomics company backed by healthcare entrepreneur Dennis...

Commercial and Corporate update: New reform to combat illegal phoenix activity effective from 18 February 2021

by admin | Feb 23, 2021 | Commercial and Corporate

On Friday 18 February 2021, the Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020 (Cth) (Act) came into effect introducing significant changes in relation to directorships. The Act was passed by Parliament in February 2020 to help...

Commercial and Corporate case note: Court of Appeal holds that contracting parties have an ‘implied duty to co-operate’ with each other

by admin | Aug 26, 2020 | Commercial and Corporate

In the recent case of Adaz Nominees Pty Ltd v Castleway Pty Ltd [2020] VSCA 201, the Victorian Court of Appeal held that where appropriate, parties to an agreement have a positive obligation to act and co-operate and do all such things as are necessary to enable...

Commercial and Corporate update: Directors Identification Numbers to be implemented before 23 June 2022

by admin | Jul 14, 2020 | Commercial and Corporate

In an attempt to prevent the use of fictitious identities and combat illegal phoenix activity by company controllers, the Federal Government recently passed the Treasury Laws Amendment (Registries Modernisation and Other Measures) Bill 2019 (Bill). The Bill amends...

Commercial and Corporate update: Some legal considerations flowing from COVID-19

by admin | Mar 26, 2020 | Commercial and Corporate

As COVID-19 continues to spread across Australia at an unpredictable rate, businesses and individuals are being significantly impacted and are now facing a range of challenges. In an attempt to contain the spread, the Federal Government has implemented a range of...
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