The Corporations Act 2001 (Cth) (Act) contains various provisions...

In a competitive M&A bid process, prospective purchasers are often required to enter into a term sheet and formulate an indicative purchase price without having had the opportunity to conduct thorough due diligence on the target business. The purchaser must instead rely on the limited information provided in the seller’s information memorandum or presentation deck. Prudent purchasers will accordingly seek to incorporate scope to adjust...

Restraint clauses are not ‘one size fits all’. Typically, courts...

Australia’s institutional investment management industry, which...

A recent NSW Court of Appeal decision brings new meaning to the term...