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ASX Consultation Paper – Amendments to Listing Rules

ASX released a Consultation Paper Simply, clarifying and enhancing the integrity and efficiency of the ASX listing rules on 28 November 2018 seeking feedback on the most significant proposed amendments to the ASX Listing Rules seen in a long time.

The effect of legalization of cannabis on the insurance industry

The legalization of private cultivation, possession and the use of cannabis in South Africa, following a landmark judgment handed down on September 18, 2018 by the Constitutional Court has had the effect of changing the law which will undoubtedly require transformation in the insurance industry.

Insurance focus – December 2018

In this edition of Insurance Focus we take stock of the red-lines, breakthroughs, bust-ups and backstops in the United Kingdom’s attempts to secure a financial services deal before exiting the European Union.

DAC 6: how the new EU tax reporting requirements may affect insurers

The proposals for the amendment of Council Directive 2011/16/EU on administrative cooperation in the field of taxation (commonly referred to as “DAC 6”) originally announced by the European Commission in June 2017, are now in force. The legislation aims to combat aggressive tax planning and improve tax transparency in the EU.

Case notes

In Engelhart CTP (US) LLC v Lloyd’s Syndicate 1221 for the 2014 Year of Account & 6 others the court has confirmed that construction of an All Risks cargo policy does not extend cover to paper losses unless specifically provided for in the policy itself.

2018 – Franchising – The Year in Review

It has been a tumultuous year for the franchise sector, but the year ends with new opportunities on the horizon and a great opportunity for the sector to self-regulate and stave off further legislation.

Review of significant Chapter 15 decisions in 2018

Chapter 15 of the U.S. Bankruptcy Code provides a mechanism for obtaining recognition and other relief in aid of a foreign bankruptcy, insolvency, liquidation, or debt restructuring (i.e., a foreign proceeding) in the U.S. Interesting cross-border issues that implicate comity and other considerations often arise in Chapter 15 cases.