An agreement (whether or not in writing) to extend the payment date for the purchase of a loan note under a deferred purchase price/loan note financing arrangement amounted to a forbearance to pay (Bondi Beachside Pty Ltd v Chief Commissioner of State Revenue [2013] NSWSC 21)
14 Feb 2013
Clayton Utz has advised Canberra's leading telecommunications provider TransACT on its acquisition by iiNet for a purchase price of $60 million.
13 Jan 2012
Two headline transactions in 2010 on which Clayton Utz had key advisory roles have been recognised at the 12th Annual Insto Distinction Awards held in Sydney recently, run by Insto magazine.
2 Mar 2011
Tax consolidation has its advantages, but it can pose risks for secured financiers if the head company of the group defaults in making a tax payment. Paul Gatward and Paul Humphreys explain how secured financiers can minimise their risk through a Tax Sharing Agreement.
2 Feb 2011
On 1 September 2010 the High Court handed down its much anticipated decision in the appeal from Re Octaviar Ltd (No 7) [2009] QCA 282.
3 Sep 2010
