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ALRC recommends broad changes to Australia's corporate criminal responsibility regime
Insight 08 Sep 2020

The ALRC is proposing an ambitious reform agenda to recalibrate the role that federal criminal law plays in the overall regulation of companies and better align corporate criminal liability with corporate culpability. Read our latest insight for our analysis on the report. ...

ASIC issues hardship withdrawal relief to responsible entities
Insight 15 Sep 2020

In response to the COVID-19 pandemic, ASIC has provided relief reminiscent of the GFC to allow hardship withdrawals from frozen funds.  The COVID-19 version of hardship-relief goes further than its GFC predecessor in many respects. We provide an overview of the issue. ...

Further changes to the JobKeeper scheme
Insight 22 Sep 2020

The temporary amendments that were introduced to the Fair Work Act 2009 (Cth) (Act) in relation to JobKeeper enabling directions will be extended until 28 March 2021, by a bill proposed by the Federal Government that has now been passed by Parliament. ...

In Touch: COVID-19 cooperation to continue; international regulators team up on investigations; charity claims under the lens; and other developments
Insight 23 Sep 2020

Continued coordination in response to the COVID-19 pandemic; int'l agreement for regulators to cooperate on cross-border investigations; Oscar Wylee penalised $3.5m; Pfizer's Upjohn merger cleared with Mylan; ACCC examines competition in mobile apps market; and new Energy Tech Consumer Code ...

Tracking the modern slavery landscape: recent developments
Insight 23 Sep 2020

An update on developments in the modern slavery compliance space, with a focus on emerging trends in activism, legislative reform and litigation, and the impacts of COVID-19. ...

Allens advises BP on $534M property partnership with Charter Hall
News 10 Sep 2020

The fund will be used to acquire and hold the majority of BP's owned convenience retail properties in New Zealand, which are leased back on long-term leases to BP Oil New Zealand Limited. As part o ...

Allens advises Cerberus on proposed acquisition of Westpac's Strategic Alliances business
News 24 Aug 2020

Cerberus, a leader in alternative investing, will combine Strategic Alliances with its portfolio company, Angle Finance, to create a leading equipment financing company with diversified financing ...

Allens advises Sydney Airport on $2bn equity raising
News 17 Aug 2020

'This entitlement offer represents decisive action by Sydney Airport to address not only its liquidity and balance sheet, but to enable it to pursue potential growth opportunities should they arise ...

Changes to the JobKeeper scheme
Insight 18 Aug 2020

The JobKeeper scheme will be modified, and extended from 28 September 2020 until 30 March 2021. ...

JobKeeper enabling directions – a focus on 'reasonableness'
Insight 18 Aug 2020

In a recent decision of the Fair Work Commission (the FWC), an employer has been chastised for unreasonably directing an employee to work only 60% of their pre-COVID hours. ...

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