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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...
21 November 2017
Herbert Smith Freehills advises PTTGL Investment on the acquisition of a stake in Petronas' ninth liquefaction train at Malaysian LNG complex
Herbert Smith Freehills has advised PTTGL Investment Limited ( PTTGLI ) on the acquisition of a 10% stake in PETRONAS LNG 9 Sdn Bhd ( PL9SB ).
20 September 2017
COAG Energy Council proposes to bypass the AEMC when making rules for energy security and reliability of the NEM or long term planning for the NEM
Draft legislation that will allow the Coalition of Australian Governments ( COAG ) Energy Council to bypass the current rule change processes by allowing the South Australian Minister to make rules under the National Electricity Law ( NEL ) and National Gas Law ( NGL ) (and to a limited extent the...
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...
29 June 2017
General Counsel Update, June 2017
This is the latest in our series of general counsel updates which aim to summarise major developments in key areas. Please see a summary of contents below and you can click download above for a full copy. For more information, please contact Simone Pearlman , Editor.
23 June 2017
Finkel Review: Gas could be the transition fuel in the move towards a low emission energy market
The Finkel Review confirms that gas could, and should, play a role in electricity generation in a low emission market. The report warned that tighter supply availability and higher gas prices may still stifle the role of gas-powered generation.
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...
01 March 2017
General Counsel Update, February 2017
This is the latest in our series of general counsel updates which aim to summarise major developments in key areas. Please see a summary of contents below and you can click download above for a full copy. For more information, please contact Simone Pearlman , Editor.
10 January 2017
Preview of 2017 - a schedule of anticipated legal developments for the year ahead
2017 will see major changes to the UK legal landscape, with Article 50 of the Treaty on European Union expected to be triggered by the end of March 2017 to begin the Brexit process. The legal implications of Brexit will be hugely significant; preparing for their impact will be a substantial...
30 November 2016
Key Developments in Iran, November 2016
This update aims to provide a brief overview of key developments which have occurred in Iran during the past month and to highlight areas of future interest. In particular, the update covers notable developments in both the political arena and key economic sectors.
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27 July 2020
The Prevention Principle – An irreproachable concept?
We recently spoke with Thomas Lazur of Keating Chambers on the "prevention principle." Our discussion can be listened to here , and this article supplements that discussion and considers further some of the key points raised during our conversation.
23 July 2020
Director Identification Numbers and revamped Business Registries coming soon
All company directors (including those based overseas) will soon be required to register for a unique ‘Director Identification Number’ in a bid to crackdown on illegal phoenix activity. This requirement is likely to commence by mid-2021. Australia’s 35 existing business registries are set to be...
23 July 2020
People: Changes to JobKeeper and JobSeeker – what you need to know (Australia)
The Australian Government has announced that it will extend the JobKeeper Payment scheme until 28 March 2021, subject to modifications to tighten employer eligibility and a phased reduction in the JobKeeper payment rate. Employers should consider how these changes might impact their existing or...
23 July 2020
Pressure points: Insurance cover for COVID-19 related financial losses? (Australia)
There has been significant debate about insurance coverage for financial losses associated with COVID-19. Uncertainty exists because of the absence of any ‘physical damage’ to insured property, 1 which typically triggers the ‘business interruption’ ( BI ) coverage in the industry standard...
23 July 2020
Data Class Actions: the threat to business
Our Data Class Actions team has today published an article about the future of class actions in the August 2020 issue of PLC Magazine . The article first appeared in the August 2020 issue of PLC Magazine . The article follows the Supreme Court’s decision in Various Claimants v WM Morrison...
22 July 2020
Supply Chain Law in Germany: Current steps towards a mandatory human rights due diligence law
Germany is currently working on a mandatory human rights due diligence law (“Lieferkettengesetz” or “Sorgfaltspflichtengesetz”) that would oblige large German companies to take appropriate measures to prevent human rights violations in their business activities and supply chains. If companies fail...
21 July 2020
Can predictive analytics prevent employee misconduct?
With predictive policing and crime forecasting gaining attention, although not always good, it is not surprising that businesses are considering how to deploy analytics in their fight against employee misconduct. Certainly, financial regulators have encouraged organisations to become more...
21 July 2020
The byte of big data: Investigations and enforcement
The growth in volume and complexity of information available has had a tremendous impact on international commerce, and rapidly changing the way in which regulators and law enforcement conduct an investigation. For businesses, data provides significant commercial opportunities and the ability to...
21 July 2020
Catalyst // Exploring Opportunities: Digital Transformation
The world is undergoing rapid technological change, spurred on by the Covid-19 pandemic. The fusing of people, process and technology, on a global scale, is fundamentally changing the way business is done - optimising existing business models and creating new sources of value.
21 July 2020
Digital forensics in investigations and the growing data burden
The approach to digital forensics in investigations is constantly evolving to keep pace with the increasing volume, velocity and variety of data within organisations. Almost every action we take leaves a digital trail and the type of information businesses are collecting, both internal and external...
21 July 2020
Monitoring for misconduct: Client survey insights
The age of big data is upon us. Advances in data analytics and machine learning offer significant potential for compliance driven monitoring for misconduct. Whether it is monitoring employees, supply chains or customer transactions – there are opportunities for a more efficient and effective...
21 July 2020
Big data and modern slavery
While the benefits of data and technology can be leveraged to aid businesses with modern slavery compliance and due diligence, businesses should not lose sight of the risks involved with overreliance on these tools. Despite the promise of more informed decision making, big data is not without its...
21 July 2020
Using big data to fight financial crime
In a regulatory environment which demands ever higher standards for anti-money laundering ( AML ) compliance, many financial institutions have responded by significantly increasing headcount in their AML functions, often at significant cost. However, an investment in headcount alone may not yield...
21 July 2020
Regulators lead businesses in monitoring of misconduct
As regulators and law enforcement increasingly rely on advanced data analytics for monitoring and surveillance, the risk is growing that they will detect misconduct by employees and customers that has gone undetected by a company’s own internal systems.
21 July 2020
The road to LIBOR transition
LIBOR (and other IBORs) will cease to exist in their current form from the end of 2021, creating significant issues for financial institutions with exposure to LIBOR contracts, and the risks associated with the economic consequences of switching to the replacement Risk Free Rates.
