Sydney – Global law firm K&L Gates has continued to advise Dimensional Fund Advisors (Dimensional) on its suite of exchange traded funds (ETFs), with three new equity ETFs launching on the Australian Securities Exchange (ASX) on 19 August 2024.  The three new ETFs are the Dimensional Australian Value Trust – […]

Yet more changes are ahead for employers as key elements of the Federal Labor Government’s Fair Work Legislation Amendment (Closing the Loopholes No 2) Act 2024 (the Act) take effect on 26 August 2024. Employers should take immediate steps to prepare for these changes, which: Change the definition of casual employment […]

Global law firm K&L Gates LLP advised Terramont Infrastructure Partners, a North American-focused infrastructure investment firm, on a recapitalization transaction with a significant equity investment in Long Island Waste Services. Terramont is focused on companies that are critical to the economy and which seek to make a positive, measurable sustainability […]

As previously alerted, the Federal Trade Commission (FTC or Commission) voted 3-2 this past April to publish and issue a final rule that (1) bans for-profit employers from entering into agreements with workers that impose a restriction on their ability to compete with the employer (Noncompetes), and (2) prevents employers […]

Executive Summary Last month, the Federal Deposit Insurance Corporation (FDIC) Board of Directors (FDIC Board) proposed an amendment to its regulations under the Change in Bank Control Act of 1978 (CBCA). Driven by the growth of passive investment vehicles, and the corresponding increase in bank ownership by large asset managers, […]