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Emerging ESG disputes risks and key mitigation strategies
Pressure is emerging from multiple angles – regulation, investors, employees and communities – to have a proactive approach to ESG issues. In this Insight, we highlight current trends in ESG disputes and outline the key strategies companies should be implementing right now to mitigate ESG disputes risk. ...
In Touch: CDPP discontinues criminal proceedings against ANZ and Rick Moscati; and other developments
No criminal proceedings against ANZ and Rick Moscati; ACCC authorises Commercial Radio Australia to collectively negotiate with Google and Facebook; Agrison ordered to pay penalty; Federal Court restrains Virtus Health in acquisition of Adora Fertility; ...
Privacy Act reforms: a new Online Privacy Code
In late October, the Attorney-General's Department released a long-awaited Exposure Draft of the Privacy Legislation Amendment (Enhancing Online Privacy and Other Measures) Bill (Online Privacy Bill) to amend the Privacy Act 1988 (Privacy Act). ...
Allens advises rhipe on acquisition by Crayon
Corporate Partners Tom Story and Charles Ashton led the Allens team on the acquisition. 'We have enjoyed working closely with rhipe's board, senior management team and its financial adviser Jefferi ...
ACCC seeks major reforms in digital advertising industry with release of Ad Tech Inquiry Final Report
The ACCC recently published the Final Report of its 18-month Digital Advertising Services Inquiry (Ad Tech Inquiry). The Final Report examines the status of competition and innovation in the ad tech supply chain and its impact on publishers, advertisers and consumers. ...
Australian Senate report proposes new corporate entity in model to regulate the crypto economy
The Senate Select Committee on Australia as a Technology and Financial Centre has released a report (the Report) which makes 12 recommendations largely focused on the 'digital asset/crypto' economy. ...
Government response to class action inquiries
Last week, the Federal Government published its long-awaited response to the ALRC and Parliamentary Joint Committee on Corporations and Financial Services Report's inquiries into class actions. ...
In Touch: Honeysuckle and nib granted conditional authorisation; and other developments
The ACCC authorises Honeysuckle Health and nib Health Funds to form a buying group; Bunnings' to acquire Beaumont Tiles; Microsoft to acquire Nuance Inc; Qantas and Emirates seek extension to cooperative agreement; ACCC to investiate Qube Logistic’s acquisition of Newcastle Agri Terminal; NSW and ACT unis permitted to collaborate on travel arrangements for the return of internationals students. ...
Captive to no one: Australian Government releases its Ransomware Action Plan
The Department for Home Affairs has released the Australian Government's Ransomware Action Plan (the Plan). This development forms part of the Government's Cyber Strategy and is the latest in a series of actions taken by the Government to combat the escalating threat of ransomware and extortion. ...
Allens advises Airservices Australia on telecommunication modernisation
'We are really proud to have worked closely with Airservices Australia on such a significant modernisation program,' said lead Partner Phil O'Sullivan . 'The network is critical piece of technology ...