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Allens advises Sydney Desalination Plant to achieve refinancing and greater funding diversification
News 10 Apr 2018

Allens project financing team, led by Partner and Head of Project Finance Michael Ryan and Managing Associate Lisa Zhou, has advised Sydney Desalination Plant Pty Ltd ( SDP ) and its related entiti ...

Allens advises on transformational $1.585bn oil & gas acquisition
News 31 Jan 2018

Allens has advised a syndicate of domestic and offshore lenders on the financing of Beach Energy Limited's $1.585 billion acquisition of Origin Energy's ASX-listed conventional upstream oil and gas ...

ASIC's no action position on the wholesale/retail test for self-managed super funds
Insight 11 Aug 2014

The Australian Securities and Investments Commission has announced that it will take no action where a self-managed superannuation fund trustee is treated as a wholesale client notwithstanding that the trustee does not have to meet the 10 million net asset threshold even though the financial service ...

PNG's ownership of minerals and hydrocarbons
Insight 29 Apr 2014

The Papua New Guinea Constitution will be amended to reflect the states ownership of hydrocarbons and minerals under proposals to be put before the PNG Parliament Partner Vaughan Mills and Senior Associate Sarah Kuman report on the implications of these amendments ...

Korea-Australia Free Trade Agreement: strengthening cross-border investment
Insight 23 Apr 2014

The landmark Korea-Australia Free Trade Agreement is expected to further strengthen the established complementary economic relationship between the two countries, and to provide new opportunities for cross-border investment and trade. ...

High Court examines powers of responsible entities
Insight 07 Nov 2014

The High Court has reaffirmed the powers of a responsible entity are ultimately derived from the scheme's constitution, but the exercise of those powers is constrained by the statutory and fiduciary duties imposed on the responsible entity. ...

Section 54 of the Insurance Contracts Act: Putting insureds in the driver's seat
Insight 16 Sep 2014

A recent High Court decision highlights the substantial scope of s541 of the Insurance Contracts Act 1984 Cth to prevent an insurer from denying cover following an insureds non-compliance with certain terms of an insurance policy. ...

The ending point for 'starting point'
Insight 01 Sep 2014

The Full Federal Court has published its much-anticipated judgment in the AstraZeneca v Apotex appeal A bench of five judges heard the appeal in contrast to the usual three judges in order to be able to clarify or overrule if appropriate an earlier Full Court decision relating to the correct test ...

Australian landholder duty: avoid the pitfalls of an ever expanding duty base
Insight 10 Sep 2014

An increased focus on taxing indirect real property transfers has seen the 'land-rich' or 'landholder' duty rules expand significantly over the years, resulting in far more transactions being liable to duty. ...

Finality: an important objective of class actions
Insight 12 Feb 2015

The recent Great Southern class action settlement included a term by which group members acknowledged and admitted that loans taken out with independent financiers to finance investments in Great Southern managed investment schemes were valid and enforceable Two separate Victorian Supreme Court ...

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