As we come to the end of another busy year, our national Corporate team reflects on significant achievements, developments and industry trends and looks forward to what 2025 may have in store.
Piper Alderman has advised Rocky Point in relation to the sell down of its 60% interest in its garden business to the Hyne Group.
National law firm, Piper Alderman, has advised the owner of the Genius Learning group on the sale of 14 premium childcare centres to ASX-listed Mayfield Childcare Limited (ASX: MFD) for up to $39.2 million, to be paid partly in cash and partly in Mayfield shares.
National law firm, Piper Alderman, has advised Cyco Nutrients on the US$34 million (plus contingent US$10m) sale to Scotts Miracle-Gro / Hawthorne Gardening Co (NSYE:SMG).
The long awaited changes to the NSW Security of Payment regime will commence in respect of construction contracts entered into on or after 21 October 2019. The largely contractor friendly changes are significant and need to be understood and applied to effectively access the Act’s cash-flow benefits.
A recent report by Landcom ‘Build-to-Rent in Australia: Product feasibility and potential affordable housing contribution’ (July 2019) looks at the feasibility of build-to-rent (BtR) developments in light of current market conditions and policy settings. Recent changes to tax treatment of income from Managed Investment Trusts (MIT) is likely to have a significant impact for foreign investors.
Partner, Andrea Beatty, Lawyer, Chelsea Payne and Law Clerk, Chloe Kim discuss the significance of financial services licensees and credit licensees not obtaining an AFCA membership.
ASIC has requested public consultation on new standards for financial firms to handle consumer and small business complaints. The new standards will improve how complaints are handled and make a financial firms’ complaints handling performance transparent.