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Allens excels in project finance awards
The awards, presented by Project Finance International in London, are considered the most prestigious in global capital markets. The Kwinana waste-to-energy project – Australia's first commercial-s ...
Melbourne Metro and Endeavour Energy win PFI awards
Allens' market-leading project finance team has been recognised in two categories in the Project Finance International (PFI) Awards, including Infra Deal of the Year for its role on the Melbourne ...
Allens advises on winning $2.86bn bid for Victorian title registry services
Allens has advised First State Super on its successful $2.86 billion bid for a concession to operate the land titles and registry functions of Land Use Victoria for a 40-year term. The proceeds wil ...
Allens advises Dixon Hospitality on proposed purchase of iconic Sydney venues
Allens has advised Dixon Hospitality on the proposed purchase of six leading Sydney bars and restaurants from the Keystone Group: Cargo Bar, Bungalow 8, Kingsley's Woolloomooloo, The Rook, The Wine ...
First Asset Recycling Initiative agreement signed
The Federal Government announced late last week that the first agreement under its 5 billion Asset Recycling Initiative has been signed with the ACT Government demonstrating the Federal Governments commitment to the Initiative despite the underlying legislation remaining stalled by the Senate ...
New corporate collective investment vehicle exposure draft legislation released
The Federal Government today released exposure draft legislation for the new corporate collective investment vehicle one of the two forms of collective investment vehicle that it pledged to develop as part of the 2016-2017 budget Partners Marc Kemp and Charles Armitage and Senior Overseas ...
Parliament passes diverted profits tax legislation
Legislation to implement a diverted profits tax has passed the Federal Parliament ...
Allens advises GPT Group on $325 million capital raising
Allens has advised the GPT Group on its $325 million capital raising and the redemption of its Exchangeable Securities from GIC. GPT raised the funds to redeem the exchangeable securities, which ha ...
Contractors face uphill battle restraining security calls
The Supreme Court of Western Australia has dismissed a subcontractors application for an interlocutory injunction restraining a call on a bank guarantee Partners Nick Rudge and Jeremy Quan-Sing and Lawyer Evan Lacey discuss the decision and its implications ...
When are LDs a penalty?
The Supreme Court of Queensland recently considered whether liquidated damages in a standard form construction contract were a penalty In a decision that traversed long-held doctrines on penalties and recent developments in emAndrewsem and Paciocco the court ruled that the obligation to pay ...