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Allens appoints seven new partners
News 23 Mar 2023

'We are delighted to welcome these outstanding lawyers to the partnership. All of them bring expertise in areas of critical importance to our clients and are terrific mentors to younger lawyers ...

A significant revamp of our thin capitalisation rules is on the horizon
Insight 23 Mar 2023

On 16 March 2023, Treasury released an Exposure Draft of the legislation to amend Australia's interest limitation rules—the thin capitalisation rules—contained in Division 820 of the Income Tax Assessment Act 1997 (Cth) (the 1997 Act). ...

Laundy v Dyco – 'carrying on a business' when the law changes suddenly
Insight 23 Mar 2023

The High Court, in recently considering the construction of a contract for the sale of the property and assets of a hotel business affected by the COVID-19 pandemic. We explain this important decision and its implications. ...

Common law right to damages for defective building work could be ousted by DLP and final certificate mechanism
Insight 22 Mar 2023

Common law right to damages for defective building work could be ousted by DLP and final certificate mechanism. ...

DDO conditional relief: facilitating the reissue of life insurance policies
Insight 21 Mar 2023

In a welcome move for life insurers reissuing or reinstating certain life policies, ASIC has registered the ASIC Corporations Instrument 2023/183. In this Insight, we provide a brief overview of the purpose of the Instrument and the relief granted by ASIC. ...

Employment and Safety: one in three experienced sexual harassment at work in the last five years and other developments
Insight 21 Mar 2023

The latest issues, decisions and proposed changes impacting business and workplace risk. ...

Big batteries – more to come in 2023
Insight 21 Mar 2023

Building on our big batteries Insight published last year, we take a look at how far the development of utility scale BESS come in the last 12 months, and take stock on future opportunities and challenges in the space. ...

ESG class actions: an emerging focus on supply chain risk
Insight 20 Mar 2023

Class action claims against companies alleging adverse human rights impacts are increasing globally. While damages may be sought, such claims are increasingly being used to drive change in company policies and practices. ...

Allens advises IMDEX on financing for Devico acquisition
News 17 Mar 2023

Devico is a leading provider of advanced sensors and directional drilling technologies. The acquisition expands IMDEX's technology capability and geographical reach, and reinforces its position as ...

Security of payment: contractor insolvency and debt recovery in NSW
Insight 16 Mar 2023

The recently introduced section 32B of the Building and Construction Industry Security of Payment Act 1999 (NSW) (the Act) prevents companies in liquidation from either serving or taking action to enforce a payment claim made under the Act. ...

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