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Aboriginal private equity firm secures $20m impact investment

Biripi Capital, a 100 per cent Aboriginal-owned private equity outfit, has been advised by global law firm K&L Gates on the establishment and creation of a for-purpose company The Dreaming Food Grou ....

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K&L Gates promotes 13 to senior positions


K&L Gates promotes 13 to senior positions
By Jerome Doraisamy|02 March 2021
Global law firm K&L Gates has appointed one new partner, three new special counsel and nine new senior associates, effective from 1 March 2021.
As part of a partner promotions round of 31 across the globe, K&L has named restructuring and insolvency practitioner Nicole Ward as its newest Australian partner.
In a statement, the firm said Ms Ward is “well known for her timely, commercial and strategic advice”.
By joining the partnership ranks, she will “substantially add to the depth” of the firm’s Melbourne restructuring and insolvency practice, it continued, “positioning the team to respond to the increasing dynamic client need”. ....

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Responding to changes to director resignation requirements


Responding to changes to director resignation requirements
By Jerome Doraisamy|23 February 2021
Recent changes to the
Corporations Act provide an opportunity to bolster internal processes and ensure law departments have steps in place to better notify regulators.
Changes have also been made, K&L Gates special counsel Ben Benson and Susan Parker (both pictured) said, to director resignations. From 18 February 2021, changes to the
Corporations Act 2001 made by the
Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020 came into effect. The new provisions commenced on 18 February 2020 but due to a 12-month transitional period, are only now about to apply.
The effective date of a director’s resignation, he said, will now depend on when ASIC is notified of the resignation.  ....

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