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Vendor's IM - Get it wrong, pay the damages bill
Insight 08 Apr 2014

A recent Federal Court case has reinforced that if a vendors information memoranda is inaccurate disclaimers wont save the vendor and the contract can be terminated or a substantial damages judgment awarded Partner Alister Fitzgerald and Senior Associate Jaelle Berkovits examine this important ...

More (good) Queensland property law changes (inc. up to 20% deposits!!)
Insight 04 Jun 2014

Further amendments to existing property legislation that aims to streamline the sale of property particularly in respect of the sale of off-the-plan lots have been introduced into the Queensland Parliament These amendments will be of substantial benefit to developers Partner Alister Fitzgerald ...

'Chain of Responsibility' amendments impose new environmental obligations in Queensland
Insight 28 Apr 2016

The Queensland Parliament has passed the Chain of Responsibility Bill with important amendments prior to enactment The amending Act establishes a new regime under the States primary environmental legislation that exposes related bodies corporate executive officers financiers shareholders and a ...

Australia has lifted certain sanctions on Iran
Insight 18 Feb 2016

In response to recent confirmation that Iran has met its international nuclear commitments the Australian Government has lifted all nuclear-related economic and financial sanctions against that country ...

Dodd Frank - promoting financial stability and other purposes
Insight 07 Mar 2016

The Dodd Frank Act is a bit like the US financial system it is trying to regulate - vast complex and hard to wade through It creates a bunch of new regulators on top of what was already a pretty solid cast and gives them wide-ranging powers They can not only set capital and liquidity requirements ...

Utmost good faith, life insurance and ASIC
Insight 05 Apr 2016

The judgment of Lord Mansfield in Carter v Boehm in 1766 is frequently cited as establishing the principle that parties to an insurance contract owe each other duties of utmost good faith. ...

Government says 'Yes ASIC'
Insight 06 Nov 2015

The FSI recommended that the Government emIntroduce an industry funding model for Australian Securities and Investment Commission ASIC and provide ASIC with stronger regulatory toolsem This recommendation No29 covers two topics that ASIC has pursued on a number of occasions including in its ...

A safe harbour for now - product liability risk exposure stemming from human rights abuses in supply chains
Insight 02 May 2016

Globalisation has created significant benefits for consumers by making products cheaper to purchase It has allowed consumers to access food that is out of season from halfway across the globe or regularly update the model of their phone However the long and complex supply chains that facilitate ...

Allens advises lenders on Westlink M7 refinancing
News 18 Aug 2014

Allens has advised the lender group in the $1.27 billion refinancing of Westlink M7 motorway in Sydney, New South Wales. Allens advised a large group of Australian and international banks on the ...

Allens acts for DUET Group on equity raising
News 17 Dec 2014

Allens has advised DUET Group on its $397 million fully underwritten, non-renounceable pro rata entitlement offer. The equity raising for DUET Group, an ASX-listed owner of energy utility assets in ...

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