Find past news & publications

Latest News

Foreign Financial Service Providers – Extension of ASIC Licensing Relief and Consultation

The Australian Securities and Investment Commission (ASIC) has made seven class orders that conditionally exempted foreign financial service providers (FFSP) from the requirement to hold an AFS licence where they are regulated under overseas regulatory regimes that ASIC has assessed as sufficiently equivalent to the Australian financial services regimes (Sufficient equivalence relief). The relevant class … Read more


HWL Ebsworth advises Chow Tai Fook Enterprises and Far East Consortium on major placement

HWL Ebsworth has advised Hong Kong based companies Chow Tai Fook Enterprises Ltd (CTF) and Far East Consortium International Ltd (FEC) on their $490 million share subscription agreement and strategic alliance agreement with The Star Entertainment Group Limited (The Star). Under the subscription agreement, CTF and FEC each subscribed for 45.8 million shares in The … Read more


HWL Ebsworth advising AC3 on its $25 million acquisition of Bulletproof

HWL Ebsworth is advising cloud specialist, AC3, an Australian owned IT services company, on the buyout of listed company Bulletproof (ASX:BPF). The offer of 15.2 cents per share and is via Scheme of Arrangement, subject to Bulletproof shareholder and court approvals. AC3’s offer is 38 per cent higher than rival bidder Macquarie Cloud Services who … Read more


More News

Publications

Recent developments in dealing with your digital estate after incapacity or death

‘Digital Estate’: We live in a digital age. We access, store, transfer and receive information and valuable documents electronically. During our life our attorneys, and after our death the Executors of our will, need to consider and access our ‘digital assets’ in the course of administering our affairs or a deceased estate respectively. In this … Read more


Jumping the gun – ACCC sues for implementing a merger too soon

The Australian Competition and Consumer Commission (ACCC) has instituted proceedings against Cryosite Limited (Cryosite) for alleged cartel conduct in relation to an asset sale agreement with competitor Cell Care Australia Pty Ltd (Cell Care).1 Prior to entering the agreement, Cryosite and Cell Care were the only private suppliers of storage services for umbilical cord blood … Read more


ACCC successfully enforces the B2B Unfair Contract Terms law against office services provider, Servcorp

In April of this year, the authors of this article published an article discussing how automatic renewal clauses are increasingly vulnerable under the Australian Consumer Law and the recent actions the ACCC had taken against businesses which had automatic renewal clauses in their standard form contracts. To recap, an automatic renewal clause provides for a … Read more


More Publications