Christopher Niesche is the Australia correspondent for Law.com International. He covers the business of law in Australia and writes about lawyers, global and domestic law firms and in-house law departments. He also covers Australian regulatory matters. He can be reached at [email protected] and on Twitter: @ChrisNiesche.
June 19, 2020 | International Edition
Victoria Becomes the 1st Australian State to Introduce Contingency FeesThe government said it is removing barriers to class actions to allow people who may not be in a position to take on the financial risks of a case to bring their class actions to court.
By Christopher Niesche
2 minute read
June 18, 2020 | International Edition
US Chamber of Commerce Accused of Meddling in Australian Class Action ReformPlaintiffs lawyers say the U.S. Chamber began targeting Australia after a number of class-action wins against several corporations, but the U.S. Chamber says Australia's class action regime is too plaintiff-friendly and is "the most profitable litigation funding market in the world."
By Christopher Niesche
7 minute read
June 15, 2020 | International Edition
Australian Top Business Group Calls for End to Shareholder Class ActionsThe Australian Institute of Company Directors is asking the government to follow the lead of Hong Kong, where continuous disclosure laws are not linked to a class action regime.
By Christopher Niesche
4 minute read
June 11, 2020 | International Edition
Tougher Rules for Foreign Investment in Australia May Slow DealsAustralia is just one of several locations around the world that have tightened up its foreign investment rules in recent years.
By Christopher Niesche
5 minute read
June 09, 2020 | International Edition
Australian Firms Start to Open, With Office Restrictions in PlaceMany firms are limiting staff numbers to ensure social distancing measures required by the COVID-19 pandemic can be met.
By Christopher Niesche
5 minute read
June 05, 2020 | International Edition
Australia's Law Firms Opening Offices, Many Lawyers Stay AwayMany firms say they have found that working remotely is very effective and that most clients currently prefer to hold virtual meetings, which reduces the need for staff to be present in the office.
By Christopher Niesche
4 minute read
June 04, 2020 | International Edition
Australia's Allens Advises on $1 Billion Capital Raise for Shopping Center OwnerSince the beginning of April, the Allens equity capital markets team has advised on capital raisings valued at more than $11.5 billion.
By Christopher Niesche
2 minute read
June 03, 2020 | International Edition
Clyde & Co Hires Partner From HFW in Australia to Bolster Maritime GroupNic van der Reyden, who is based in Sydney, specializes in shipping and commercial dispute resolution and litigation.
By Christopher Niesche
2 minute read
June 02, 2020 | International Edition
US Investors Cyrus Capital Partners and Bain Capital Final Bidders to Buy Virgin AustraliaJones Day is representing Cyrus Capital Partners and Herbert Smith Freehills is advising Bain Capital, according to reports.
By Christopher Niesche
2 minute read
June 01, 2020 | International Edition
EY Australia Hires Real Estate Partner From DLA PiperAstrid Beemster specializes in real estate transaction advisory work, and has particular expertise acting for offshore entrants into the Australian real estate market, EY said.
By Christopher Niesche
2 minute read