MinterEllison

Cenntro Electric Group Announces Adjourned Second Court Hearing and Revised Scheme Timetable

Retrieved on: 
Wednesday, February 14, 2024
Vehicle Technology, Supply Chain Management, EV, Electric Vehicles, Professional Services, Alternative Vehicles, Fuels, Batteries, General Automotive, Technology, Automotive, Retail, Legal, Automotive Manufacturing, Manufacturing, Attention, Court, Hearing, Adjournment, Phillip Street, Sydney, ASIC, MinterEllison, AEDT, Supreme court, Investment

Today, the Supreme Court of New South Wales, Australia (the "Court") made orders adjourning the second court hearing to approve the Scheme (the "Second Court Hearing") from February 14, 2024 at 9:15am (Australian Eastern Daylight Time, "AEDT") to Friday, February 16, 2024 at 9:15am (AEDT) (the "Adjournment").

Key Points: 
  • Today, the Supreme Court of New South Wales, Australia (the "Court") made orders adjourning the second court hearing to approve the Scheme (the "Second Court Hearing") from February 14, 2024 at 9:15am (Australian Eastern Daylight Time, "AEDT") to Friday, February 16, 2024 at 9:15am (AEDT) (the "Adjournment").
  • As noted above, the Second Court Hearing has been adjourned to 9:15am (AEDT) on Friday, February 16, 2024.
  • A Cenntro shareholder has the right to appear and be heard at the Second Court Hearing and may oppose the approval of the Scheme at the Second Court Hearing.
  • The Scheme remains subject to the approval of the Court at the adjourned Second Court Hearing scheduled for 9:15am (AEDT) on Friday, February 16, 2024.

J.S. Held Intellectual Property Experts Role in Diverted Profits Tax Case in Australia - PepsiCo, Inc. v. Commissioner of Taxation [2023] FCA 1490

Retrieved on: 
Thursday, February 8, 2024
CPA, CFA, IP, Tax, FCA, Commissioner, JV, Partnership, DPT, RWT, Fame Academy, Valuation, Management consulting, PepsiCo, Senior, CLP, MinterEllison, Supreme court, Bankruptcy, Ocean Tomo, Federal court, Intellectual property, Tobacco

JERICHO, N.Y., Feb. 8, 2024 /PRNewswire-PRWeb/ -- Global consulting firm J.S. Held proudly announces that experts in the intellectual property (IP) practice, including Jim Malackowski, Greg Campanella, and Noor Al-Banna contributed to the case PepsiCo, Inc. v. Commissioner of Taxation [2023] FCA 1490 in the Federal Court of Australia.

Key Points: 
  • Held contributed to the case of PepsiCo, Inc. v. Commissioner of Taxation [2023] FCA 1490 on behalf of the Commissioner of Taxation who was successful in the proceedings.
  • Held proudly announces that experts in the intellectual property (IP) practice, including Jim Malackowski, Greg Campanella, and Noor Al-Banna contributed to the case PepsiCo, Inc. v. Commissioner of Taxation [2023] FCA 1490 in the Federal Court of Australia.
  • Diverted Profits Tax (DPT) is an area of focus for multinational enterprises and tax authorities.
  • This decision confirms PepsiCo, Inc. is liable for royalty withholding tax and, in the alternative, diverted profits tax would apply.

Cenntro Electric Group Provides Update Regarding Rescheduled Second Court Hearing and Scheme Timetable

Retrieved on: 
Wednesday, January 31, 2024
Technology, Professional Services, Automotive, General Automotive, Trucking, Vehicle Technology, Transport, Automotive Manufacturing, Business, Manufacturing, Other Automotive, Legal, Batteries, EV, Electric Vehicles, Off-Road Trucks & SUVs, Autonomous Driving, Vehicles, Fleet Management, AEDT, Hearing, Broadridge Financial Solutions, Supreme court, Corporation, Attention, Table (information), MinterEllison, Investment, Documentation, Scheme, ASIC, Court, Eastern Time Zone, Phillip Street, Sydney

To rectify the Tabulation delay, Cenntro applied to the Supreme Court of New South Wales (the “Court”) to reschedule the second court hearing to 9:15am (Australian Eastern Daylight Time, “AEDT”) on Wednesday, February 14, 2024 (the “Second Court Hearing”).

Key Points: 
  • To rectify the Tabulation delay, Cenntro applied to the Supreme Court of New South Wales (the “Court”) to reschedule the second court hearing to 9:15am (Australian Eastern Daylight Time, “AEDT”) on Wednesday, February 14, 2024 (the “Second Court Hearing”).
  • An updated and indicative timetable in respect of the Scheme, incorporating the re-scheduled Second Court Hearing, is set out below.
  • A Cenntro shareholder has the right to appear and be heard at the Second Court Hearing and may oppose the approval of the Scheme at the Second Court Hearing.
  • The Scheme remains subject to the approval of the Court at the re-scheduled Second Court Hearing scheduled for 9:15am (AEDT) on Wednesday, February 14, 2024.

Cenntro Electric Group Encourages All Shareholders to Vote in Favor of Proposed Scheme Resolution to Redomicile from Australia to the United States

Retrieved on: 
Wednesday, January 17, 2024
Automotive, Automotive Manufacturing, Other Automotive, EV, Electric Vehicles, Manufacturing, Alternative Vehicles, Fuels, MinterEllison, Unit, Independent, AEST, Investment, Phillip Street, Sydney, Proxy, Corporation, Court, CST, Hearing, Scheme, Eastern Time Zone, Supreme court, Attention, EST, Security (finance)

Cenntro confirms that the Scheme Booklet was registered with the Australian Securities and Investments Commission on 14 December 2023 (AEST).

Key Points: 
  • Cenntro confirms that the Scheme Booklet was registered with the Australian Securities and Investments Commission on 14 December 2023 (AEST).
  • The Scheme Booklet will be sent to Cenntro Shareholders who have requested a hard copy on or before Friday, December 15, 2023.
  • Cenntro Shareholders should read the Scheme Booklet in its entirety before making a decision on whether or not to vote in favor of the Scheme.
  • The Independent Expert concluded the Scheme is in the best interests of Cenntro Shareholders, in the absence of a superior proposal.

Cenntro Electric Group Limited Receives Australian Court Order to Convene Scheme Meeting

Retrieved on: 
Thursday, December 14, 2023
Vehicle Technology, Automotive, General Automotive, Automotive Manufacturing, EV, Electric Vehicles, Manufacturing, Attention, Eastern Time Zone, Corporation, MinterEllison, Independent Expert Panel, Phillip Street, Sydney, AET, Supreme court, Investment, AEDT, Unit, Independent, Scheme, EST, Shareholder, Hearing, Court, CST, Security (finance), Cryptocurrency, Freehold

Cenntro confirms that the Scheme Booklet was registered with the Australian Securities and Investments Commission on 14 December 2023 (AET).

Key Points: 
  • Cenntro confirms that the Scheme Booklet was registered with the Australian Securities and Investments Commission on 14 December 2023 (AET).
  • A copy of the Scheme Booklet is attached as Annexure A to this announcement and will be made available online at www.cenntroauto.com .
  • The Scheme Booklet will be sent to Cenntro Shareholders who have requested a hard copy on or before Friday, 15 December 2023 (EST).
  • Cenntro Shareholders should read the Scheme Booklet in its entirety before making a decision on whether or not to vote in favor of the Scheme.

Cenntro Electric Group Limited Announces Proposed Re-domiciliation to the United States

Retrieved on: 
Monday, September 11, 2023
Automotive Manufacturing, EV, Electric Vehicles, Automotive, Manufacturing, Other Transport, Transport, Vehicle Technology, Alternative Vehicles, Fuels, Environment, Fleet Management, Sustainability, Independent, Holding company, MinterEllison, Corporation, Committee, State, Independent Expert Panel, Risk, Chicken (Scheme implementation), Foreign investment, Committee on Foreign Investment in the United States, Cryptocurrency, Security (finance), Management, Investment company, Scheme

The Scheme is subject to court approval in Australia, as well as approval by Cenntro Shareholders.

Key Points: 
  • The Scheme is subject to court approval in Australia, as well as approval by Cenntro Shareholders.
  • If the Scheme is implemented, Cenntro will become a wholly owned subsidiary of HoldCo.
  • The directors of Cenntro intend to vote all Cenntro Shares they hold in favor of the Scheme, subject to the same qualifications.
  • Cenntro has retained MinterEllison as its Australian legal advisor, and Ortoli Rosenstadt LLP as its U.S. legal advisor.

Accelerating Decarbonisation and Energy Transition Amid Rising Costs

Retrieved on: 
Thursday, November 3, 2022
Minter, MinterEllison, ESG, Corporation, Coal companies of Australia, Conference, United Nations Industrial Development Organization, CEO, Australasian Institute of Mining and Metallurgy, Government, Community, Mine, Coal, Risk, Metallurgy, Mining, 2014 Victorian state election, Policy, Learning, Wenco International Mining Systems, Renewable energy

The keynote address was a panel discussion focusing on energy transition and decarbonisation.

Key Points: 
  • The keynote address was a panel discussion focusing on energy transition and decarbonisation.
  • "What is certain is that the energy transition is going to happen.
  • Suliman Bin Khaled Almazroua, CEO of the National Industrial Development and Logistics Program (NIDLP) explained how Saudi Arabia is tackling energy costs amid their rapid transition to renewable and green energy.
  • Over the three-day conference, delegates at IMARC have discussed how to best approach energy transition and the need to decarbonise.

Collaborating on Trends In Mining, Investment and Innovation Towards a Sustainable Future

Retrieved on: 
Tuesday, November 1, 2022
Australasian Institute of Mining and Metallurgy, Awareness, METS, Pressure, Climate change, Coal, COVID, Water, Automation, Policy, White, White & Case, Conference, Industry, Risk, Agriculture, FIFO, SW, Wenco International Mining Systems, AI, Government, Workforce, Lake, Technology, University, Greenhouse gas, MinterEllison, Learning, Donald McLeod (Victorian state politician), PWC, Mining, ESG, Rehabilitation, Low-carbon economy, Robotics, Metallurgy, United Nations Mine Action Service, Retail, Video game, Renewable energy, Lithium, Creative industries, International Convention Centre Sydney

Sydney, Australia--(Newsfile Corp. - October 31, 2022) - Tomorrow global leaders will collaborate on trends in mining, investment, and innovation towards a sustainable future at the International Mining and Resources Conference (IMARC) at the ICC Sydney.

Key Points: 
  • Sydney, Australia--(Newsfile Corp. - October 31, 2022) - Tomorrow global leaders will collaborate on trends in mining, investment, and innovation towards a sustainable future at the International Mining and Resources Conference (IMARC) at the ICC Sydney.
  • "A successful re-purposing begins by considering and planning for sustainable post-mining land uses from the earliest stages of mine planning.
  • Much of that technology is leading to more sustainable operations, with mining increasing significantly to source enough future facing and critical minerals needed for a greener future.
  • The International Mining and Resources Conference (IMARC ) is where global mining leaders collaborate on trends in mining, investment and innovation towards a sustainable future.

Lives at Stake: Cyber Security a Global Threat for Mining Giants

Retrieved on: 
Tuesday, October 25, 2022
Human, Wenco International Mining Systems, PricewaterhouseCoopers, Safety, Conference, Fortune 1000, Dataminr, CEO, Toyota, Australasian Institute of Mining and Metallurgy, Policy, Metallurgy, Technology, Toyota Hilux, United States Intelligence Community, Industry, Computer, 2018 Victorian state election, MinterEllison, Time, Crime, IOT, Attack, Nate Green, Learning, Solution, BHP, Weapon, Risk management, Mining, Mining

PwC's 2020 'Global CEO Survey' saw only 12% of surveyed mining and metal CEO's saying they are 'extremely concerned' about cyber security threats, as compared with 33% of leaders globally.

Key Points: 
  • PwC's 2020 'Global CEO Survey' saw only 12% of surveyed mining and metal CEO's saying they are 'extremely concerned' about cyber security threats, as compared with 33% of leaders globally.
  • IMARC speaker and Chairman of the Mining and Metals Information Sharing Analysis Centre Rob Labb, says the industry is yet to identify cyber security as a key business risk.
  • Increased 'technologisation' creates new entry points, which cyber criminals are increasingly exploiting to compromise production and supply chains, potentially jeopardising human safety.
  • The International Mining and Resources Conference (IMARC ) is where global mining leaders collaborate on trends in mining, investment and innovation towards a sustainable future.

Aura Announces Closing of the Big River Acquisition

Retrieved on: 
Thursday, September 22, 2022
ROAD, TSX, Mining, ORA, MinterEllison, Company, Acquisition, Arantzazu, Gold, LLP, Copper, Thought, King & Wood Mallesons, GLOBE, WLG, Blackwell, Financial adviser

ROAD TOWN, British Virgin Islands, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX:ORA, B3:AURA33) (Aura or the Company) is pleased to announce that is has closed the previously announced acquisition of Big River Gold Limited (see April 19, 2022, September 2, 2022 and September 8, 2022 press releases for more details).

Key Points: 
  • ROAD TOWN, British Virgin Islands, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX:ORA, B3:AURA33) (Aura or the Company) is pleased to announce that is has closed the previously announced acquisition of Big River Gold Limited (see April 19, 2022, September 2, 2022 and September 8, 2022 press releases for more details).
  • Moving forward, the Borborema Gold Project (Borborema Project), located in Brazil, being Big Rivers sole asset, will be held pursuant to a joint venture among Aura and Dundee Resources Limited (Dundee) with Aura holding an 80% interest and Dundee holding the remaining 20% interest.
  • Aura is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas.
  • Big River appointed NextLevelCorporate as its financial advisor and MinterEllison as its legal advisor.