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Category Archives: Australia

International Corporations Law Update: Australia’s Foreign Bribery Laws to be Strengthened

Changes are on the horizon for Australia’s foreign bribery laws. On 2 December 2019, the Australian government tabled the Crimes Amendment (Combatting Corporate Crime) Bill 2019 in the Senate, which, if made into law, seeks to introduce several key changes for the current regime, including by creating a new corporate offence of failure to prevent bribery […]

Piercing the Corporate Veil

In Australia, under the Corporations Act 2001(Cth) directors and shareholders are generally protected from personal liability and responsibility by the corporate veil. This is because corporations are separate legal entities from their members, and this limitation of liability is often one of the primary reasons for choosing a corporation as the corporate vehicle when setting […]

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