591-600 of 729 results
Significant High Court decision on settlement of regulatory proceedings
The High Court today held that parties and regulators are permitted to put before the court an agreed position as to the value of a penalty reached as part of a settlement agreement Our Regulatory team reports ...
Review into four major banks - money for consultants?
The Parliamentary Economics Committee released its report following its review into Australias four major banks yesterday Our Financial Services Regulation team has a look at the recommendations in this update ...
Court confirms life easier for default interest clauses post-Paciocco
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. ...
Withholding tax on the sale of Australian property by foreign residents exposure draft legislation released
Exposure draft legislation implementing the Federal Governments promise to introduce a 10 per cent non-final withholding tax on purchasers of certain types of taxable Australian property by foreign residents has been released for review and comment Partner Charles Armitage and Associate Scott Lang ...
Allens advises SpeedCast on satellite services business
Allens has advised leading global satellite telecommunications service provider SpeedCast International Limited on its acquisition of the assets of NewSat from receivers McGrathNicol. Under the dea ...
Allens advises Equifax on its acquisition of Veda
Allens has advised Equifax Inc, a leading global information solutions provider, on its acquisition of Veda Group Limited, the leading provider of credit information and analysis in Australia and N ...
Allens advises DUET Group on $7.4 billion stapled securities sale
Allens has advised energy utility and infrastructure operator DUET Group ( DUET ) on the acquisition by a consortium led by Cheung Kong Infrastructure of 100 per cent of DUET's stapled securities f ...
Allens advises consortium on $9.05bn acquisition of Asciano
Allens today announced that it is advising the consortium purchaser on the proposed acquisition of Asciano Limited for cash consideration of $9.05 billion by way of a scheme of arrangement. The ...
Allens advises AGL on sale of metering subsidiary
Allens has advised AGL Energy Limited on the sale of its digital metering subsidiary, Active Stream Pty Ltd, to Ausgrid. The deal represents the first M&A activity in the digital metering market in ...
Allens advises ANZ on $3.83bn sales of life and wealth businesses
Allens has advised ANZ on the simplification of its Wealth Australia business, including the sale of its life insurance business for $2.85 billion and its OnePath pensions and investments and align ...