Amalgamations and their effect on existing contractual arrangements
In this case note Bell Gully partner Jayne Kirton and solicitor Neetha Alex review a recent Court of Appeal decision dealing with the legal consequences on third party contracts of court ordered amalgamations under Part 15 of the Companies Act. The case also illustrates how important it is for contracting parties to consider their requirements in the event there is a change of control through an amalgamation and to ensure that those requirements are included in the contract.
Financial Reporting Act Class Exemptions for Australian and United States incorporated companies
In 2006 a new power was given to the Registrar of Companies to exempt certain overseas companies from compliance with various provisions of the Financial Reporting Act as part of the Government's programme to improve the workability of the financial reporting system and reduce business compliance. In this note Bell Gully partner Glenn Joblin and solicitor Ryan Ellis provide an overview of the two class exemptions issued by the Registrar of Companies since the new provisions came into effect.
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