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In Touch: new motor vehicle service and repair information laws speed through Parliament; and other developments
Insight 24 Jun 2021

Grape Co; new motor vehicle service and repair information laws; Dye & Durham's acquisition of GlobalX; university competition law exemption; digiDirect; Woolworths' acquisition of shares in PFD Food Services ...

Product safety priorities — the ACCC's focus for 2020
Insight 30 Mar 2020

The Australian Competition and Consumer Commission is planning to prioritise five key product safety issues fitting broadly within the categories of the Takata airbag recall, safety risks for infants and children, and e-commerce. We report on what is planned for 2020. ...

Continuous disclosure during COVID-19: shining the spotlight on earnings and debt
Insight 06 Apr 2020

In its latest compliance update, ASX reiterated that entities in financial difficulty (including with respect to their debt arrangements) will receive no special treatment. On earnings guidance, it was acknowledged that many listed entities have taken the opportunity to withdraw guidance issued before the outbreak of COVID-19. ASX also strongly encouraged entities to review their published guidance in light of COVID-19 and to either update it if it was not current or withdraw it in this highly uncertain climate. ...

Allens advises Bendigo and Adelaide Bank on $300M offer of Converting Preference Shares 4
News 24 Oct 2017

Allens has advised Bendigo and Adelaide Bank on its $300 million offer of Converting Preference Shares 4 ( CPS4 ), a hybrid security that will qualify as additional Tier 1 Capital for the Bank. The ...

Reserving gas for domestic markets - Queensland's next step
Insight 18 Dec 2018

Both Queensland and Western Australia have mechanisms designed to ensure that in the face of the competing demands of LNG exports adequate gas is available for domestic use Queensland is now looking to go a step further by imposing a condition on identified petroleum authorities to the effect that ...

Allens advises Bain Capital on $959M proposed acquisition of Estia
News 09 Aug 2023

The signing of the scheme implementation agreement progresses Bain Capital's five-month pursuit of Estia, having made an initial non-binding and indicative proposal in March. 'We are delighted to ...

End in sight for FFSP transitional arrangements
Insight 09 Aug 2023

In exciting news for foreign financial service providers (FFSPs), the Australian Government has announced new proposals to reform the foreign financial services licensing regime following a lengthy period of uncertainty and ongoing transitional arrangements. ...

Allens advises ZIMMERMANN on sale of majority shareholding to Advent International
News 09 Aug 2023

Under the terms of the acquisition, Advent will acquire a majority shareholding in ZIMMERMANN from Style Capital, who together with the Zimmermann family, will retain a significant minority ...

ASIC spotlight on compliance with client money rules in superannuation
Insight 09 Aug 2023

ASIC has recommended all superannuation trustees should review their compliance with s1017E of the Corporations Act after a thematic review found widespread 'deficiencies'. ...

Number of class action filings on track to significantly outstrip 2022
News 06 Aug 2023

The increase in filings has been fuelled by the first significant wave of cyber class actions following several high-profile data breach incidents, as well as a rise in competing class actions. 'Th ...

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