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Passporting relief threatened in ASIC Class Order repeal
Foreign financial services providers relying on passporting a foreign licence to provide their services in Australia will find their regulatory relief could be expiring in 2 years - and has become subject to a new condition - following ASICs actions to repeal the ASIC Class Orders which give effect ...
Court takes an expansive view of threshold requirement for class actions against multiple respondents
A representative proceeding can only be commenced where seven or more group members have claims against the same person In proceedings with multiple respondents there has been conflicting authority as to whether each group member is required to have a claim against each respondent Last week in Cash ...
Allens advises Bendigo and Adelaide Bank on strategic partnership with Equity Trustees
Allens has advised Bendigo and Adelaide Bank on a strategic partnership with Equity Trustees involving the sale of its Estates business. The strategic partnership also includes a five-year referral ...
Allens advises Cue Energy on Ironbark prospect farm-out and option
Allens has advised Cue Energy Resources Ltd, through its 100 per cent subsidiary, Cue Exploration Pty Ltd, on farm-out and option arrangements relating to two exploration permits with BP Developmen ...
Allens advises Newcrest on Hidden Valley sale
Allens has advised Newcrest Mining on the sale of its 50 per cent stake in the Hidden Valley joint venture to a wholly owned subsidiary of Harmony Gold Mining Company Limited. Newcrest has also ...
Indigenous law students moot their way to the Supreme Court
On 13 May, 10 Indigenous students will take to the Supreme Court of Queensland to present their arguments in the second annual Aboriginal and Torres Strait Islander Students' Moot Competition, run ...
Allens releases landmark report on blockchain
A landmark report from Allens will guide potential users through the opportunities and challenges of distributed ledger technology, which is set to transform sectors as varied as the banking and ...
Allens advises Plenary on market-leading infrastructure bond deal
Allens has advised a Plenary-led consortium on the successful $1 billion refinancing of the Victorian Comprehensive Cancer Centre (VCCC). This was a significant deal for the Australian infrastructu ...
Allens reinforces support for female barristers
Allens has highlighted its support for women in law as a signatory and advocate for the Law Council of Australia's National Equitable Briefing Policy, which aims to boost the number of briefs to ...
Allens appoints five new partners
Allens is pleased to announce the appointment of five new partners: Chris Blane, Benjamin Downie, Linda Govenlock, Chung Le and Scott McCoy. Franki Ganter, who joined the firm as an M&A specialist ...