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Allens' submission to the Parliamentary Joint Committee on Corporations and Financial Services Inquiry into litigation funding and the regulation of the class action industry
Insight 19 Jun 2020

Allens has advocated for reform to the class action regime for many years, including by way of submissions to inquiries conducted by the Australian Law Reform Commission and the Victorian Law Reform Commission. We have made a detailed submission to the current inquiry in which we outline our concerns regarding the increasingly entrepreneurial direction of Australia's class action landscape and advocate for (and against) various reforms. ...

Allens side by side with clients raising more than $4 billion of capital
News 16 Apr 2020

In the current economic uncertainty, a number of companies have turned to the capital markets to raise fresh equity. Allens has been working side by side with clients to assist them through this ...

Unexpected risks of the IoT revolution: Cyber security in medical devices
Insight 16 Oct 2017

In late August 2017 the US Food and Drug Administration recalled 465000 Abbott Laboratories pacemakers due to cyber security vulnerabilities Although this was the first time that the FDA had recalled a medical device because of cyber concerns they have been alive to the significant risk that a cyber ...

Acquiring a business? How to 'transfer' social media accounts
Insight 20 Jun 2018

Our IP team frequently assists with the sale or purchase of a business, advising on the scope of relevant IP to be transferred and how to transfer that IP ...

Allens on board with global Accord Project
News 27 Sep 2018

With growing interest in the use of smart legal contracts, Allens has joined the global Accord Project , a collective of leading law firms working together to establish a common, universal ...

ACCC's recommendations for contract markets
Insight 07 Aug 2018

As part of the ACCCs Retail Electricity Pricing Inquiry Final Report the ACCC made two key recommendations in relation to contracts markets that the National Energy Laws be amended to require the reporting of over the counter trades to a repository administered by the Australian Energy Regulator and ...

Competition news
Insight 26 Jun 2017

In Touch looks at whats been happening in Competition this month and what it means for your business ...

New APRA prudential standard raises bar for information security obligations and incident notification requirements
Insight 15 Nov 2018

As companies and regulators across the world grapple with ever-increasing cyber security threats, Australia's financial services regulator, APRA, has released the final form of a new prudential standard, which imposes heigtened security obligations for APRA-regulated entities ...

Bill to establish Cross River Rail Delivery Authority
Insight 24 Oct 2016

The Queensland Government introduced legislation to establish the Cross River Rail Delivery Authority an independent statutory body charged with delivering the Cross River Rail project and the wider economic developments along the projects corridor Partner Nicholas Ng Senior Associate Matt Thomas ...

Where are all the data breach class actions in Australia?
Insight 17 Oct 2018

Class actions arising out of data breaches have been common in the US for some time but in Australia were yet to see a plaintiff bring such an action successfully In some ways this is unsurprising Despite the fact that data breaches are now commonplace and that class action law firms are ...

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