Video
Let's talk antitrust: Discussing recent cases and emerging competition issues
Recent cases and judgments have shone a light on some emerging themes and trends that companies will want to consider as part of their risk management framework.
Global | Publication | July 2016
The New South Wales Government has announced that the reforms to strata law will come into effect from November 30, 2016.
The reforms are a culmination of public consultation over the past 5 years and comprise approximately 90 key amendments to existing strata law. These reforms have manifested themselves in the Strata Schemes (Management) Act 2015 (NSW) and the Strata Schemes (Development) Act 2015 (NSW).
We have previously prepared two articles setting out a high level review of these reforms which can be found at:
We set out in this article a brief overview of some of the likely impacts these amendments will have on Owners Corporations and property rights for lot owners.
Although November 30, 2016 is the key date, enforcement of the building defects bond scheme (including mandatory defect inspection reports and lodgement of building bonds) has been delayed until July 1, 2017. As new Australian Standards for inspections of group title buildings will be finalised by then, the NSW Government has decided to provide industry and other stakeholders with additional time to adequately prepare.
Given current estimates by the NSW State Government that 50 per cent of the NSW population will either be living or working in strata properties, understanding these reforms is crucial for both developers and investors to capitalise on opportunities both now and in the future.
Video
Recent cases and judgments have shone a light on some emerging themes and trends that companies will want to consider as part of their risk management framework.
Publication
After a lacklustre finish to 2022 when compared to the vintage year for M&A that was 2021, dealmakers expected 2023 to see the market continue to cool in most sectors, in response to the economic headwinds of rising inflation (with its corresponding impact on financing costs), declining market valuations, tightening regulatory scrutiny and increasing geopolitical tensions.
Publication
On 18 September 2023, the CMA published its Initial Report (Initial Report) on AI Foundation Models (FM), supplemented in April 2024 with the publication of its “Update Paper” focused on potential antitrust risks associated with FMs and a “Technical Update Report” providing more detail on the development on FMs (collectively the “Reports”). Below, we consider these CMA publications.
Subscribe and stay up to date with the latest legal news, information and events . . .
© Norton Rose Fulbright LLP 2023