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ASIC announces fintech licensing exemptions
Insight 19 Dec 2016

As part of its implementation of the regulatory sandbox for fintech companies ASIC is providing relief for certain fintech businesses from the obligation to hold an Australian financial services or Australian credit licence Relief may be available for up to 12 months and may be useful to businesses ...

Court confirms life easier for default interest clauses post-Paciocco
Insight 06 Dec 2016

New South Wales Court of Appeal case Arab Bank Australia v Sayde Developments considered the application of penalties doctrine to default interest rate provisions in load agreements post the high court's libera approach to the doctrine in Paciocco v ANZ. ...

Take care with agency arrangements - Flight Centre decision
Insight 14 Dec 2016

The High Court has handed down its decsion in the high profile ACCC proceedings against Flight Centre where the organisation competed with airlines in the sale of international airline tickets and attempted to induce three major airlines to enter price-fixing arrangements. ...

Allens advises Aristocrat on A$1.37bn US acquisition
News 08 Jul 2014

Allens has advised Aristocrat Leisure Limited ( Aristocrat ) on its A$1.37bn acquisition of Tennessee based Video Gaming Technologies, Inc. ( VGT ). Aristocrat will fund the acquisition and refinan ...

Allens signs on as foundation partner of Australia's first fintech start-up hub
News 04 Mar 2015

Allens has signed on as one of the corporate foundation members of Stone and Chalk, an independent entity created to foster and accelerate the development of world-class Australian fintech start-up ...

Allens launches startups practice
News 25 May 2015

Allens has today officially launched its Allens Accelerate practice, devoted to assisting startups and emerging companies. The Allens Accelerate practice, led by Sydney-based Partner Gavin Smith, ...

Big data: Allens advises M2 Group on proposed $3 billion merger
News 28 Sep 2015

Allens has advised M2 Group Ltd on its proposed $3 billion merger with Vocus Communications. Under the proposed merger, announced today, M2 Group shareholders will receive 1.625 Vocus shares for ea ...

The Zenith: Allens advises BlackRock and Centuria on joint purchase
News 23 May 2016

Allens has advised a BlackRock investment client and Centuria Property Funds Limited on their joint acquisition of The Zenith. The iconic Chatswood property, which consists of two 21-storey towers, ...

Allens advises Vocus on acquisition of Nextgen Networks and submarine cables
News 01 Jul 2016

Allens has advised Vocus Communications Limited on its $807 million acquisition of Nextgen Networks and two development projects, North West Cable System ( NWCS ) and Australia Singapore Cable ( AS ...

Allens advises SpeedCast on capital raising to fund WINS acquisition
News 15 Aug 2016

Allens has advised SpeedCast International Limited on its $61.2 million institutional placement launched on 8 August 2016. SpeedCast is a leading global satellite communications and network service ...

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