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Allens advises Santos on strategic natural gas and LNG acquisition
News 24 Oct 2019

The transaction, once completed, will deliver Santos operatorship and control of the Darwin LNG facility (and associated mid-stream assets), the Bayu-Undan project and the Barossa project. The ...

The proposed PNG strata title scheme – what will change?
Insight 25 Oct 2019

In a development that is especially relevant to property developers and financial institutions, draft legislation to introduce a Papua New Guinea strata title scheme has been released. ...

Allens advises on Villa World's acquisition by AVID
News 21 Oct 2019

Shareholders will receive total cash consideration of $2.345 per share under the approved Scheme, which represents a 5.2% increase from AVID's initial proposal of $2.23 per share in March 2019 and ...

Allens acts on the IPO for the Magellan High Conviction Trust and Magellan's institutional placement
News 16 Oct 2019

Allens has advised Magellan Asset Management Limited, on an initial public offering for a new ASX-listed investment trust, the Magellan High Conviction Trust. ...

Vale restitution? The High Court clarifies remedies available to construction contractors following termination for repudiation
Insight 14 Oct 2019

In a welcome decision for principals engaging contractors for construction work, the High Court has substantially limited the availability of the restitutionary remedy of a quantum meruit where a contractor elects to terminate a contract as a consequence of repudiation. ...

If in doubt, get the whitewash out
Insight 11 Oct 2019

The High Court's first decision on the financial assistance prohibition in section 260A of the Corporations Act supports a conservative approach to the prohibition, and in particular highlights the danger of 'taking a view' on the no material prejudice exception. ...

Allens advises Cerberus on acquisition of specialist SME lender
News 24 Sep 2019

The partnership between Cerberus and the Axsesstoday management team is Cerberus' second successful acquisition in Australia. In 2018, it acquired Bluestone Group's Australasian mortgage lending an ...

Builders' duty of care for defective works continues to narrow
Insight 23 Sep 2019

A recent UK decision1 continues the judicial trend of limiting the circumstances in which a builder will be liable in negligence for pure economic loss caused by its defective works. ...

Allens advises PEP on acquisition of Horizon Global's APAC business
News 23 Sep 2019

PEP is a leading Australian-based private equity firm, which focuses on buyouts and late stage expansion capital in Australia and New Zealand. Horizon Global is one of the world's leading ...

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