LK Insights is a collection of articles and brief analysis and commentary prepared by our team on decisions of interest and important industry developments.
On 28 September 2023, the Australian Government released its response (Response) to the Privacy Act Review Report. The Privacy Act Review Report, published in February 2023 after more than two years of extensive consultation, made 116 proposals to strengthen Australia’s…
Amy Cooper-Boast, Stephanie Lo and Astrid GillamKristy Zander and Sean Pettingill recently published a Practice Note in Practical Law Global on Recognition of a Foreign Insolvency Process and Enforcement of Insolvency-Related Judgments in Australia. The Practice Note aims to provide practical guidance for those looking to…
Kristy Zander and Sean PettingillTwo sets of proceedings, one concerning private sector whistleblowing and the other concerning public sector whistleblowing, mark the first time in which Australia’s whistleblower protection laws have come before the Courts for scrutiny. Whistleblowers play a significant role in promoting…
Amy Cooper-Boast and Fiona LuuThe Federal Court in ASIC v GetSwift imposed penalties upon GetSwift’s non-executive director who acted as General Counsel in relation to the company’s repeated contraventions of continuous disclosure obligations. The director’s status as a solicitor was relevant to his knowledge…
Mark Giddings and Ashwini RavindranAs we approach the end of the financial year, the task of preparing a fourth Modern Slavery Statement creeps onto the horizon for many large Australian companies. This year however, in light of the recent landmark review of the Modern…
Kristy Zander and Charlotte McGowanThe recent events involving Big Four accounting firm PwC have highlighted the need for organisations to revisit existing governance arrangements. Senate Estimates, together with extensive media reporting and statements from PwC’s Chief Executive Partner, have drawn attention to numerous apparent…
Claire ClutterhamRisk management program obligations have now been ‘switched on’ by the Security of Critical Infrastructure (Critical infrastructure risk management program) Rules (LIN 23/006) 2023 (CIRMP Rules), which commenced on 17 February 2023. These obligations recognise the serious implications that disruptions…
Amy Cooper-Boast and Ashwini RavindranIn two highly anticipated decisions handed down on 8 February 2023 - Metal Manufactures Pty Ltd v Morton [2023] HCA 1 (Morton) and Bryant v Badenoch Integrated Logging Pty Ltd [2023] HCA 2 (Bryant) - the High Court has resolved two…
Allie UmoffOn 2 March 2023, ASIC published a report setting out the findings of a 2022 review it conducted of whistleblower programs of seven prominent Australian businesses. ASIC’s report (‘REP 758 Good practices for handling whistleblower disclosures’) can be found here.…
Amy Cooper-Boast and Claire ClutterhamWhere an organisation uncovers evidence of fraud or theft by an employee, there are numerous factors that arise for consideration. Immediate consideration must be given to ending the fraud, preventing any reoccurrence, ascertaining the extent of the fraud and making…
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