COVID-19 | Changes to foreign investment framework
What has happened? On Sunday, 29 March 2020, amid fears that the coronavirus associated downturn will result in foreign entities preying upon distressed Australian businesses, the Treasurer announced that the threshold amounts which apply in determining whether particular foreign investments are subject to Australia’s foreign investment framework are now $0. Does this affect my deals […]
ReadmoreCOVID-19 | Managing infrastructure charges and currency periods
Gadens understands the immediate and multi-faceted pressures placed on companies dealing with the fall out of the COVID-19 pandemic. In these troubling circumstances, Gadens are sharing, across a variety of practice areas, some of our thoughts on practical measures which can be taken to relieve some of the pressure. Our Planning and Environment Team has […]
ReadmoreCOVID-19 | Financial Assistance for Employers and Employees
Many Australians have been negatively impacted by the coronavirus (COVID-19) pandemic. For business, this has involved significant decreases in turnover, and for individuals, the loss of jobs and reductions in income. In response to this crisis, the Australian Government has introduced a number of financial support measures, including those set out in the Coronavirus Economic Response […]
ReadmoreContinuing Professional Development – 31 March 2020 | COVID-19 and Employment Issues
Below you will find the recording from our recent Continuing Professional Development morning, hosted via webinar on Tuesday, 31 March 2020. If you have any queries regarding the session topic, or related issues, please do not hesitate to get in touch with the presenter or our wider team. COVID-19 and Employment Issues Brett Feltham, Partner […]
ReadmoreContinuing Professional Development – 31 March 2020 | Representations, warranties and indemnities and their relevance for contracting
Below you will find the recording from our recent Continuing Professional Development morning, hosted via webinar on Tuesday, 31 March 2020. If you have any queries regarding the session topic, or related issues, please do not hesitate to get in touch with the presenter or our wider team. Representations, warranties and indemnities and their relevance […]
ReadmoreContinuing Professional Development – 31 March 2020 | Legal ethical dilemmas in commercial and corporate transactions
Below you will find the recording from our recent Continuing Professional Development morning, hosted via webinar on Tuesday, 31 March 2020. If you have any queries regarding the session topic, or related issues, please do not hesitate to get in touch with the presenters or our wider team. Legal ethical dilemmas in commercial and corporate […]
ReadmoreCOVID-19 | Director’s duties amid recent changes to insolvency law
With the impact of COVID-19 well and truly being felt by business, many may be heartened by the Government’s recent temporary changes to insolvency laws. What all directors need to remember however, is that their conduct is not only policed by sections 588G and 588M of the Corporations Act 2001 (Cth) (Act), but also by […]
ReadmoreCOVID-19 | ‘Business days’ when business has changed
The ‘business day’ in a new light As at 29 March 2020, the Morrison Government had announced sweeping shutdowns in response to the COVID-19 pandemic. Pubs and gyms are among those deemed ‘non-essential’ businesses and required to shut down. Businesses which do not fall under this qualification, including banks, remain open. Australians are being advised […]
ReadmoreCOVID-19 | Managing privacy during a pandemic: practical steps and considerations for businesses
Please note that this information is subject to change as further information and guidance is released by Federal, State and Territory governments. In recent weeks, Gadens has been assisting clients to deal with a range of privacy challenges which have arisen as a result of the global COVID-19 pandemic. Businesses are grappling with the obligations […]
ReadmoreCOVID-19 | When a party cannot meet its contract obligations
The current state of play The outbreak of COVID-19 has ushered in extraordinary challenges to the Australian and global business landscape. The Government response and action to COVID-19 continues to evolve on a day-by-day basis, with further restrictions being imposed in a rapid attempt to control the spread of the virus. The restrictions are being introduced at both a State and […]
ReadmoreCOVID-19 | Emergency measures for tenancy laws in NSW
The economic pressure on tenants and landlords during the COVID-19 pandemic is increasing resulting in the mandated closure of a large number of businesses under the Public Health Act 2010 (NSW) and rise in unemployment. On 26 March 2020 the COVID-19 Legislation Amendment (Emergency Measures) Bill 2020 (Bill) was passed in New South Wales Parliament. […]
ReadmoreAnti-phoenixing legislation finally passes through Parliament
After having been introduced to the Commonwealth Parliament on 13 February 2019, then re-introduced on 4 July 2019, the Treasury Laws Amendment (Combating Illegal Phoenixing) Bill 2019 finally passed through both Houses on 5 February 2020. As its name suggests, the Bill introduces a number of new measures aimed at combating illegal phoenix activity in Australia. Illegal […]
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