20 March 2019
Developing Green Hydrogen projects
In the lead up to this year’s federal election, both of Australia’s major political parties have released announcements regarding the establishment of an Australian hydrogen industry. A key focus of these announcements is the commitment to investing in ‘green’ hydrogen technologies, which through a...
12 February 2018
Syndicated facilities institute obtains legislative acknowledgement in Russia
On 31 December 2017 the President of the Russian Federation signed one of the laws which has been most discussed by the Russian banking and legal communities – Federal Law No. 486-FZ "On a syndicated facility (loan) and amendments to certain legislative acts of the Russian Federation" (the " Law...
24 January 2018
China's Belt and Road Initiative: Projects pave the way
Unveiled in 2013, China's Belt and Road Initiative is a massive stimulus for infrastructure development across over 60 countries. In this article, Hilary Lau, Monica Sun and Jie Li from our Greater China offices provide an overview of the initiative to date.
06 December 2017
Queensland Election: What happens to the Sunshine State’s renewable energy projects?
A second term Palaszczuk Labor government purports to remain committed to renewable energy development in Queensland and is likely to face limited opposition from independent and minor party members, conditional upon renewables assisting in reducing the cost of energy. Uncertainty surrounding the...
20 November 2017
Victorian Renewable Energy Target (VRET) Auction Scheme now taking bids
In response to Victoria becoming the first state to legislate for its renewable energy targets, the Victorian Renewable Energy Target 2017 Reverse Auction (the Reverse Auction ), will award commercial contracts which enable up to 650 megawatts ( MW ) of large-scale renewable energy generation (with...
06 October 2017
Reform of French Securitisation Law and Creation of Specialised Financing Vehicles
The reform of the French securitisation legislation announced by the Government throughout the implementation of 'Sapin 2 Law' has been published on 5 October 2017. This reform is coupled with the introduction into French law of specialized financing vehicles and a new reform of the banking...
31 August 2017
Addenda: Further details on the Victorian Renewable Energy Auction Scheme released
The Victorian Government has released further information regarding the Victorian Renewable Energy Auction Scheme ( VREAS ), confirming that the VREAS will be a key strategy contributing to the Victorian Renewable Energy Targets ( VRET ) legislated in the Renewable Energy (Jobs and Investment) Bill...
08 June 2017
Renewable Energy Package for Queensland presents further investment opportunities
On 5 June 2017, the Queensland Government announced the $1.16 billion ‘Powering Queensland Plan’ ( Plan ). Among other measures, the Plan contains numerous initiatives to further stimulate investment in renewable energy projects in Queensland. Queensland will hold a state election on or before 5...
13 April 2017
Environmental laws trump Linc Energy creditors
Today the Queensland Supreme Court held that an insolvent company’s environmental obligations under State law were unaffected by the liquidators’ disclaimer of related property and resource tenures. This decision changes the previous understanding of liquidators’ powers and the order of priority in...
08 March 2017
Victorian Government’s Solar Certificate Tender
What is the Solar Certificate Tender? On 2 March 2017, the Victorian Department of Environment, Land, Water and Planning ( DELWP ) released a Request for Tender ( RFT ) for the procurement of Large-scale Generation Certificates ( LGCs ) from up to 75 megawatts of new large-scale solar projects in...
18 September 2019
DISPUTE RESOLUTION IN THE ERA OF BIG DATA AND AI
Be it machine learning, natural language processing, augmented analytics or distributed ledger technology (aka blockchain), new technologies are revolutionising the way in which business is done in every industry. In order to leverage the benefits of these disruptive technologies, businesses are...
18 September 2019
The long arm of regulation: responding to cross-border financial services investigations
Financial services firms conduct their business activities across markets and borders, often performing services and holding data in locations other than those in which they interact with their clients. Over a decade after the financial crisis, their regulators remain under sustained public and...
17 September 2019
CJEU refuses UK HC's request for preliminary ruling on SPC applications based on third-party MAs, on account of referred question being "hypothetical" (C-239/19 Eli Lilly v Genentech)
On 5 September 2019, the Ninth Chamber of the CJEU refused a request for referral in relation to the interpretation of Article 3(b) of Regulation (EC) No 469/2009 of the European Parliament and of the Council of 6 May 2009 concerning the supplementary protection certificate for medicinal products...
12 September 2019
ACCC issues guidance on competition risks in IP transactions: Beware the inadvertent cartel
The ACCC has issued final Guidelines on how Australia’s competition laws will apply to intellectual property assignments and licences following the repeal of the ‘IP exemption’ from prohibitions on anti-competitive conduct which was contained in subsection 51(3) of the Competition and Consumer Act...
11 September 2019
Class Actions in Australia: Emerging Trends
There have been a range of developments in the class actions landscape over the past year. The Australian Law Reform Commission completed its review of class action proceedings and third party litigation funding, an appeal is pending in the High Court of Australia on common fund orders and the...
10 September 2019
Using Decision Analysis to evaluate a settlement offer
Using Decision Analysis to evaluate a settlement offer The HSF Decision Analysis team brings together highly numerate disputes lawyers to build decision tree models and help clients quantify, visualise and better understand legal risks in their disputes. This service has brought new insights to...
10 September 2019
'Mega-fines' and compensation – how might companies be affected? Developments in Data Protection Law September 2019
In this update, we provide you with a brief summary of two recent developments in relation to sanctions imposed under the General Data Protection Regulation ("GDPR"). Firstly, the Berlin Data Protection Authority ("Berlin DPA") recently announced its willingness to impose multimillion-euro fines...
06 September 2019
Classic cross-border cooperation: joint court hearings in the Halifax insolvency
On 22 August 2019, the Federal Court of Australia ( FCA ) held that it could make a request to the New Zealand High Court ( NZHC ) that there be a joint hearing of those courts in respect of applications relating to the pooling of various funds held by companies subject to Australian and New...
06 September 2019
FATF and APG publish long-awaited mutual evaluation report on Hong Kong
Following the Financial Action Task Force ( FATF ) and the Asia/Pacific Group on Money Laundering’s inspection of Hong Kong in October and November 2018, their much anticipated Mutual Evaluation Report ( Report ) on Hong Kong was published on 4 September 2019. Our previous bulletin on 25 June 2019...