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Impact of COVID-19 on derivatives
Insight 27 Mar 2020

COVID-19 will have a range of impacts on over-the-counter derivative transactions. We set out below some key documentation issues arising as a consequence of COVID-19 and our practical tips. ...

PNG proposes a new regime for arbitration
Insight 25 Feb 2020

Papua New Guinea has proposed a new regime for domestic and international arbitrations: the Arbitration Bill 2019. If enacted, it has the potential to provide greater certainty for arbitrations in PNG, and the recognition and enforcement of arbitral awards within PNG. ...

How is Vietnam's labour law changing?
Insight 12 Feb 2020

Upcoming changes to Vietnam's labour law include such significant steps as more flexibility in the renewal and termination of labour contracts; and for the first time, the right of employees to establish and join independent labour unions. Although the Labour Code 2019 will not take effect until 1 January 2021, employers should start looking ahead and consider how the upcoming changes will impact their businesses and management of their workforce. ...

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 syndicate of lenders to gold miner Resolute on US$300m debt refinancing
News 26 Mar 2020

The facility will be used to repay the US$63 million secured project loan facility from Taurus Funds Management Limited, which funded the initial construction of the Mako Gold Mine in Senegal and ...

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 ...

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 ...

Contract law update 2019
Insight 26 Mar 2020

The ability to enter into, and enforce, contracts with governments is complicated by the principle that governments cannot fetter the future exercise of their discretionary powers (known as the 'fettering doctrine'). ...

FWC considers unfair dismissal procedural requirements
Insight 01 Apr 2020

The Full Bench of the Fair Work Commission (FWC) has ordered a case be reheard after it was found that adequate consideration was not given at first instance to whether a dismissed employee had been notified of, and given an opportunity to respond to, a valid reason for his dismissal. ...

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