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The Demerger Journey - from Facilitation to Frustration
Insight 13 Mar 2020

The Demerger Journey - from Facilitation to Frustration. Partner Joe Power and Senior Associate Jay Prasad published their paper on the demerger tax rules at the inaugural Tax Institute Tax Summit at the International Convention Centre in Sydney in March 2020. The paper considers the correctness of the ATO’s recent views on the scope of the demerger tax relief provisions, and compares those provisions to analogous provisions in the UK, US and Canada. ...

Report: National Electricity & Gas Rules Update: February 2020
Insight 01 Mar 2020

In this update we summarise the decision of the AEMC on the calculation of transmission loss factors. ...

Fostering diversity with The Pinnacle Foundation
News 27 Feb 2020

Allens has entered into a multi-year partnership with The Pinnacle Foundation to foster diversity by offering a scholarship (commencing 2021) to young adults between the ages of 17-26 identifying as LGBTIQ to provide educational and mentoring support. ...

Allens advises bank group on financing for 50% stake in Kalgoorlie Super Pit gold mine
News 23 Jan 2020

The bank group provided a new $400 million, 4-year term debt facility and renewed an existing revolving facility for three years which increased to $300 million. In addition to the provision of deb ...

Allens advises Goldwind on divestment of stake in Australia's largest wind farm
News 23 Jan 2020

The transaction is one of the largest in the renewable energy sector in recent years. Stockyard Hill Wind Farm is located in Victoria's central highlands, approximately 35 km west of Ballarat. Once ...

Allens triumphs in project finance league tables and awards
News 24 Feb 2020

For project finance deals, Allens was ranked top legal advisor in Australia and New Zealand, for both deal value and volume, in Inframation's league tables. For the second year running, the firm ...

Court clears Vodafone/TPG merger in keenly awaited decision
News 13 Feb 2020

The Court, in the biggest merger litigation in Australia in 10 years, found against the ACCC and held that the merger would not have the likely effect of substantially lessening competition. Fiona ...

Allens advises Wesfarmers on ESG-incentivised $400m loan
News 11 Mar 2020

The debt facility is linked to Wesfarmers' progress on two internal Environmental and Social Governance ( ESG ) targets – to reduce carbon emissions in its chemical operations and ambitious targets ...

Allens advises LOGOS Group on acquisition by ARA Asset Management
News 09 Mar 2020

The deal combines ARA’s global fund management capabilities with LOGOS’ extensive logistics, property and development expertise to create a leading investment management platform in the Asia region ...

Conducting a consumer-facing business biggest indicator of class action risk
News 05 Mar 2020

According to the report, more than 40% of the class actions filed in 2019 were filed on behalf of consumers. This result is a change from recent years in which being an ASX-listed company was the ...

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