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What the top five cybersecurity trends mean for your business in 2022
Cybercrime continued to dominate headlines throughout 2021, with the global cost of cybercrime predicted to reach $10.5 trillion annually by 2025 . As governments continue to navigate how to best deter cyber criminals, organisations must remain vigilant in the face of increasingly sophisticated cybersecurity attacks – arising from within and outside their organisation. We look at the top five cybersecurity trends that defined 2021 and what they mean for Australian businesses in 2022 ...
ASIC's review into responsible entity governance
In ASIC's 2021-2025 corporate plan published in August last year, ASIC identified the governance of managed investment schemes and responsible entities as an area of focus to reduce the risk of harm to investors exposed to poor governance. ...
When enforcement cannot undermine the confidentiality of arbitration
The decision highlights the court’s pro-arbitration stance and the value it places on respecting confidentiality arrangements agreed between parties in private arbitration. ...
Allens advises Meridian Energy Limited on $740m sale
Meridian is New Zealand's largest electricity generator and is dual listed on the Australian Securities Exchange and the New Zealand Exchange. 'We are pleased to have advised Meridian on the sale o ...
Allens tops infrastructure league tables
The firm ranked first in Australia and New Zealand for volume and value of deals across: Infrastructure (legal and financial advisers) Transport (legal advisers) Social Infrastructure (legal ...
Allens appoints M&A tax specialist
Over her 20 year career, Ellen has advised on a range of domestic and international M&A transactions, corporate restructures, post-acquisition integrations, international tax planning, distressed ...
Global ESG themes shaping the Australian legal outlook
2022 will provide a practical demonstration of the appetite for ESG-led change that governments, major corporates and financial institutions all have, and how far this will feed into smaller businesses and everyday life. We explore key ESG themes shaping the legal outlook for businesses in 2022. ...
Dismissal of unvaccinated retirement village worker upheld
The Fair Work Commission (FWC) has upheld the dismissal of a Maintenance Manager at a retirement village, finding that he was incapable of performing the inherent requirements of his job because he was not vaccinated against COVID-19. ...
Refusal of WFH flexible work arrangement upheld
The Queensland Industrial Relations Commission (Commission) has upheld Queensland Health's decision to refuse an employee's request for a flexible working arrangement (FWA) to work remotely from another state, finding it was fair and reasonable for the employer to deny the request. ...
Allens advises SeaTown on The CrownX investment
SeaTown, together with global private equity firm TPG and Abu Dhabi Investment Authority, have invested US$350 million in The CrownX, valuing the business at approximately US$8.2 billion post ...