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Government support for security of payment reform in Victoria
Insight 21 Oct 2024

The Victorian Parliament has expressed its support for many significant reforms to the Building and Construction Industry Security of Payment Act 2002 (Vic) (SOPA). ...

Allens advises China Construction Bank on Pacific Hydro acquisition financing
News 02 Feb 2016

Allens has advised China Construction Bank Corporation, Sydney Branch on two syndicated facilities of approximately A$1 billion and US$1.7 billion to fund the acquisition of Pacific Hydro and other ...

Allens advises Multiplex on a big year of city-shaping projects
News 16 Oct 2024

The Parkville Precinct Redevelopment is an important step in the staged redevelopment of the Royal Melbourne Hospital and Royal Women's Hospital. The redevelopment adds to a run of city-shaping ...

Allens advises TPG Telecom on $5.25bn sale of fibre network and Enterprise, Government and Wholesale fixed line business to Vocus
News 15 Oct 2024

The sale will include all of TPG Telecom's fibre and fixed line network infrastructure, its EGW fixed line business, its PPC-1 international submarine cable system and its wholesale broadband ...

Efficiently, honestly and fairly - overarching and fundamental obligations?
Insight 11 Oct 2018

In his recent Interim Report into Misconduct in the Banking Superannuation and Financial Services Industry Commissioner Hayne makes a lot of the duties of an Australian financial services licensee and an Australian credit licensee to provide financial services or credit activities as the case may be ...

Resolving and valuing disputed variation claims under BCIPA in Victoria
Insight 02 Jun 2016

The Victorian Court of Appeal has confirmed that a dispute resolution clause providing for mediation is insufficient to exclude variations claims from the statutory adjudication process under the Victorian Security of Payment regime The decision also confirms that when determining the value of a ...

Disputes as to the validity of an agreement - a matter for arbitration or the courts?
Insight 13 May 2019

A recent decision of the High Court confirms the scope of arbitration clauses that refer disputes under a deed or agreement can be broad enough to capture disputes about the validity of the agreement ...

SOPA adjudications in Western Australia - only the applicant can win!
Insight 03 Jul 2014

The Supreme Court of Western Australia has held that under that states security of payment legislation an adjudicator does not have the power to make a determination that requires an applicant to pay the respondent money by reason of any counterclaim raised in the adjudication An adjudicator may ...

Expert review into fees and costs disclosure - further changes ahead
Insight 20 Aug 2018

Many of you will be familiar with the long and tortured history of fees and costs disclosure regulation in Australia. The most recent set of issues can be traced back to 2014 when ASIC tried to address what it considered to be gaps in and inconsistent application of the former regime ...

Allens advises Aware Super on investment in euNetworks
News 19 Sep 2024

The investment, alongside other institutional investors, is part of a €2.1 billion equity recapitalisation, and broadens Aware's digital infrastructure investments across its portfolio. euNetworks ...

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