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Policymakers focus on restraint of trade clauses – 'coercive, exploitative and an unfair method of competition'
The Federal Treasury recently published an Issues Paper seeking views to inform its consideration of a potential prohibition on post-termination worker restraints of trade, no-poach and wage fixing agreements, as part of a broader review of Australian competition laws announced last year. ...
Reforms to strengthen and streamline the FIRB regime
On 1 May 2024, the Australian Treasurer announced reforms to the Foreign Investment Review Board (FIRB) framework, to make it stronger, more streamlined and more transparent. On the same day, the Government released an updated Foreign Investment Policy document, setting out the reforms. ...
Understanding 'adequate procedures' – a key element in Australia's foreign bribery law reforms
In the wake of the new 'failure to prevent' offence, the Commonwealth Attorney-General is required to publish guidance on the steps that can be taken to prevent an associate from bribing foreign ...
Allens advises Reventus Power on offshore wind feasibility licence win
The licence will allow the consortium to assess the feasibility of its proposed offshore wind project before applying for a commercial licence to proceed with construction and operations. Gippsland ...
Guide to AI Procurement
As generative artificial intelligence moves from pilot to production, organisations are grappling with the push to rapidly procure AI tools while appropriately managing the risks. ...
What's happening in intellectual property - April 2024
Your regular wrap-up of some of the world's leading and intriguing IP stories. ...
How to prepare for, and execute, a successful exit
After a relatively subdued 2023, we are predicting that the rest of 2024 will prove to be the year of the exit, with improving macroeconomic conditions providing the ideal environment for the exit of a number of high-quality assets. ...
Allens appoints five new partners
'I am pleased to welcome this terrific group of future leaders to the partnership, all of whom are trusted advisors to our clients. Their practices span the areas of energy, ESG, intellectual ...
Vietnam project financing guide
In this guide, we examine project financing, highlighting critical legal and commercial considerations from the standpoint of foreign lenders and sponsors. ...
Allens advises GIP on establishment of $4 billion Fund
GIPA II is a $4 billion fund targeting investment opportunities in Australia and New Zealand in five industry sectors: energy (including power, renewables, transmission and distribution), ...