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15 May 13
On Thursday, 16 May 2013 the Commercial Arbitration Act 2013 (Qld) will come into force. The new legislation brings Queensland in line with world’s best practice and provides an opportunity for arbitration to become an effective means of dispute resolution, particularly for the resources and infrastructure industries.
9 May 13
Australian agricultural co-operatives are soon to be aligned under a national scheme which proposes to harmonise all state and territory co-operative laws. With New South Wales acting as host jurisdiction, the agreed deadline for all remaining jurisdictions to adopt the national laws is 18 May 2013. Once implemented, the co-operative laws on corporate governance and accountability will more closely align with laws governing companies.
30 Apr 13
Carbon credits, carbon price and carbon farming – Key details of the Opposition’s climate and environmental plans
The Shadow Minister for Climate Action, Environment and Heritage, the Honourable Greg Hunt MP attended McCullough Robertson’s offices yesterday to outline the Coalition’s carbon emissions policy at a forum and lunch arranged by our Carbon Services Team and attended by over 100 of McCullough Robertson’s clients in the resources, agribusiness and energy sectors.
30 Apr 13
On 26 April, the Federal Court overturned an assessment by the Commissioner of Taxation against a Cayman Islands limited partnership. The case demonstrated that Australian mining and resource companies will not necessarily be ‘land rich’ enabling tax free sales by non-residents.
McCullough Robertson has advised shareholders of leading Qld based provider of operations, maintenance, and asset management services to the coal sector G&S Engineering Services Pty Ltd in relation to the selling of their shares as part of Calibre Group Limited’s acquisition of the company.
McCullough Robertson has acted for ASX listed NuCoal Resources Ltd in the transaction with Mitsui Matsushima International Pty Ltd for the development of the Doyles Creek Underground Coal Project and Training Facility in the New South Wales Hunter Valley.
McCullough Robertson has acted for Senex Energy Limited on its $155 million capital raising by institutional placement and accelerated entitlement offer.
McCullough Robertson has acted on behalf of Mitsui Coal Holdings Pty Ltd in the acquisition of a 49% stake in the Woori Coal Project from ASX listed Cockatoo Coal Limited for $37.25 million. Our team, led by Partner Janelle Moody, completed the initial due...