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The end is more nigh: FCA announces official LIBOR cessation dates
Insight 11 Mar 2021

On 5 March the UK LIBOR regulator, the FCA, announced cessation dates for the vast majority of LIBOR settings. As expected, the key date will be end of this year (ie 31 December 2021) for mo ...

The role of banking in the infrastructure-led recovery
Insight 09 Mar 2021

Banks have played, and will continue to play, a key role in not only supporting Australian individuals and businesses managing the effects of the pandemic, but also as a key capital provider in the investment of new infrastructure for a post-pandemic world. ...

PE Horizons 2021
Insight 01 Mar 2021

With strategic bidders and foreign government acquirers on the side lines, 2021 may be the busiest ever for PE dealmakers ...

In Touch: $24m fine for criminal cartel charge; ACCC's interim report into digital advertising services; Kogan penalised for misleading discounts; and other developments
Insight 24 Feb 2021

Wallenius Wilhelmsen Ocean AS fined $24m for criminal cartel charge; ACCC's interim report into digital advertising services; Kogan penalised for misleading discounts; Facebook and Onava allegedly mislead consumers; and Lorna Jane 'virus activewear' examined in court. ...

Allens tops syndicated loans and project finance league tables
News 17 Feb 2021

In syndicated loans the firm was ranked: number one APAC and Japan Borrower Legal Adviser (by number of deals) by Thomson Reuters; number one borrowers' and lenders' legal counsel in Australia and ...

Nucleus – corporate law developments: major FIRB law changes; ASIC extends relief for financial reporting and AGM requirements; and other corporate law developments
Insight 08 Feb 2021

Major foreign investment law changes; ASIC extends relief for financial reporting and AGM requirements and issues guidance on design and distribution laws; ASX issues guidance to address 'earning surprises'; ACCC releases first digital platform inquiry interim report; and WA Supreme Court hands down decision with implications for legal professional privilege in internal emails. ...

Allens advises on $4.2bn WestConnex refinancing
News 22 Dec 2020

The $4.2 billion of new non-recourse debt comprises $3 billion of bank term debt facilities with tenors of three, five and seven years, and a $1.2 billion two-year bridge facility. The interest rat ...

Allens advises on Australia's first PPP green loan
News 16 Dec 2020

The debt facilities refinance stage 1 of Canberra's light rail network, which began operations in 2019 and is the largest single infrastructure project ever undertaken by the Australian Capital ...

Australian foreign investment national security reforms – moneylending exemption survives, substantially intact
Insight 13 Dec 2020

As part of the national security reforms the Government had proposed to revoke the moneylending exemption in the case of security over a 'national security business'. This would have required foreign lenders to apply to the Foreign Investment Review Board for approval or exemption before undertaking routine loan participations. ...

Design and Distribution Obligations
Insight 13 Dec 2020

Design and Distribution Obligations (DDO) regime is one of the biggest things for the financial services industry in 2020, affecting almost every part of the industry. ...

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