361-370 of 1034 results
A key landmark in IBOR transition
The long-awaited ISDA IBOR Fallbacks Supplement and Protocol will be going live today with the endorsement of ASIC, the RBA and APRA. They implement new benchmark fallbacks for both future and existing derivative contracts, facilitating the efficient transition from LIBOR and other IBORs in anticipation of their discontinuation. If you have a derivatives portfolio, the Protocol allows quick and easy adoption of the new fallbacks through a one-off adherence. That said, it may not be sufficient to cover all scenarios. ...
Allens tops syndicated loans rankings for Q3 2020
Having advised borrowers on approximately US$13.1 billion and lenders on approximately US$9.3 billion in syndicated loans in Australia, and borrowers on approximately US$13.4 billion in the Asia ...
From MySuper to YourSuper
The Government released a paper entitled 'Your Future, Your Super' setting out 'reforms to make your super work harder for you' in the 2020-21 budget. This article summarises the measures and gives our take on them. ...
Allens advises on Investa Commercial Property Fund capital raising
ICPF's portfolio includes 15 office assets, including premium buildings such as Deutsche Bank Place, Sydney; 60 Martin Place, Sydney; and 120 Collins Street, Melbourne. 'We were delighted to work ...
Double-duty provisions to receive much needed guidance on what constitutes 'land development'
The Victorian SRO has released a draft revenue ruling in an effort to provide practical guidance as to what types of activities constitute 'land development'. Unfortunately, the Draft Ruling does not overcome the existing uncertainty in some common situations and arguably seeks to expand the types of activities that may be considered 'land development'. ...
Insolvency reforms to support small business
The Commonwealth government announced a package of reforms directed at streamlining insolvency processes for small business. Our analysis on the issue from our insolvency and restructuring experts. ...
Retail Leases Amendment Act 2019 (Vic): changes to landlord and tenant rights and obligations
We examine the key amendments introduced by the Retail Leases Amendment Bill 2019 (Vic); and outline steps that both landlords and tenants should take in response. ...
ASIC issues hardship withdrawal relief to responsible entities
In response to the COVID-19 pandemic, ASIC has provided relief reminiscent of the GFC to allow hardship withdrawals from frozen funds. The COVID-19 version of hardship-relief goes further than its GFC predecessor in many respects. We provide an overview of the issue. ...
Allens advises BP on $534M property partnership with Charter Hall
The fund will be used to acquire and hold the majority of BP's owned convenience retail properties in New Zealand, which are leased back on long-term leases to BP Oil New Zealand Limited. As part o ...
Investing via convertible debt instruments in Vietnam
We look at the pros and cons of convertible debt instruments compared to traditional equity investment in Vietnam, the availability of these instruments to foreign investors and a comparison between convertible loan and convertible bond. ...