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Allens handbook on takeovers in Australia
Insight 20 Apr 2021

This handbook gives an overview of the rules that govern takeovers of, and acquisitions of voting securities in, Australian publicly listed companies and trusts. It includes how to undertake or respond to a takeover proposal for an Australian publicly listed company or trust and the legal issues which commonly arise in Australian takeover transactions. ...

Your jointly proposed pecuniary penalty may not be appropriate
Insight 27 Apr 2021

The decision of the Full Federal Court in the appeal of Volkswagen v ACCC is an important reminder of the court's supervisory role in approving pecuniary penalties jointly proposed by parties to a proceeding. It also reinforces an identifiable increase in the value of pecuniary penalties sought and obtained by the Australian regulators in enforcement proceedings since 2015. ...

Health and safety duties aren't just owed to workers
Insight 18 Apr 2021

The Department of Home Affairs (DHA) and healthcare provider International Health and Medical Services (IHMS) have been charged with breaching WHS laws following the suicide of a detainee at the Villawood immigration detention facility in March 2019. ...

Allens advises NAIF on landmark pumped hydro project
News 16 Apr 2021

Allens has advised Northern Australia Infrastructure Facility (NAIF) on the financing of Genex Power Ltd's Kidston Pumped Storage Hydro project, Australia's first pumped hydro plant in 37 years and the first in the world to use abandoned gold mine pits. ...

National Electricity and Gas rules update: March 2021
Insight 14 Apr 2021

In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of March, as well as take a closer look at the AER's first steps in developing the Wholesale Demand Response Participation Guidelines. ...

Less than one year before the new foreign financial services providers regime begins
Insight 13 Apr 2021

The key changes to the existing foreign financial services regime are the repeal of 'Sufficient Equivalence Relief' and 'Limited Connection Relief'. It's time for FFSPs to think about what your options are and what actions need to be taken to be ready for the new regime. ...

Another decision on adverse costs orders in employment class actions: should you expect a 'chilling effect' on employment class action risk?
Insight 14 Apr 2021

Duck v Airservices Australia (No 3) is the latest in a series of cases that have grappled with the intersection of employment class actions, litigation funders and the traditionally 'no costs' jurisdiction of the Fair Work Act. We examine the decision and its potential impacts on employment class action risk. ...

What does the new Decommissioning Bill mean for you?
Insight 12 Apr 2021

The Australian Government has released an exposure draft of the Offshore Petroleum and Greenhouse Gas Storage Amendment (Titles Administration and Other Measures) Bill 2021. In particular, the Bill proposes that the Titles Administrator will have approval rights in relation to changes of control of titleholders (defined by reference to a 20% rather than 50% ownership benchmark), introduces trailing liability for prior titleholders in respect of decommissioning, and enhances the assessment criteria for entities applying to operate, or increase their activities, in offshore oil and gas. ...

Class action risk in 2021
Insight 30 Mar 2021

Australia’s class action landscape remains dynamic and complex. 2020 was characterised by an increase in filings, continuing uncertainty around the impact of COVID-19, and a consistently high level of consumer claims. ...

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