The Australian Government has tabled the Crimes Amendment (Combatting Corporate Crime) Bill 2019 (the 2019 Bill) in the Senate, and the Attorney-General's Department has released Draft Guidance on the steps a body corporate can take to prevent an associate from bribing foreign public officials for public consultation (the Draft Guidance). Like the 2017 version of the Bill that lapsed earlier this year (the 2017 Bill), if passed, the 2019 Bill will strengthen Australia's foreign bribery laws, including by introducing a new corporate offence of failure to prevent bribery by an associate, and will introduce a Deferred Prosecution Agreement (DPA) scheme for resolving serious corporate criminal matters. Partner Rachel Nicolson, Senior Associate Andrew Wilcock and Associate Lewis Winter report on the key differences between the 2017 and 2019 Bills, and the content of the Draft Guidance. ...

For the first nine months of calendar year 2019, Allens topped Debtwire's Asia Pacific (ex-Japan) Lead Bank's Legal Counsel by volume and number of deals, as well as the Dealogic Regional Legal ...

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 ...

Under the transaction, it is intended that Bellamy's shareholders will receive $13.25 cash per share (which would include a special dividend paid by Bellamy's), valuing the company's total equity a ...

Allens has acted for Morgan Stanley Real Estate Investing and Investa Property Group on the sale of the Investa Land business to Proprium Capital Partners. The deal comprises 11 residential and ...

Allens has advised global IT services provider, Computer Sciences Corporation (CSC), on the $427.6 million acquisition of UXC Ltd (UXC), Australia's largest publicly-owned IT services company. CSC ...

Allens has advised Archer Capital on its proposed divestment of private hospital business Healthe Care to China's Luye Medical Group. Healthe Care is Australia's third largest private hospital ...

Allens has advised DUET Investment holdings Limited on its $205 million acquisition of an additional interest in the Dampier to Bunbury Natural Gas Pipeline (DBP), one of Western Australia's most ...

Allens has appointed Franki Ganter to partnership of the firm joining the corporate team in the Brisbane office. ...

Allens has advised QBE Insurance Group Limited in connection with their A$810 million equity raising. The equity raising comprises an A$650 million underwritten institutional share placement and a ...