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Allens advises Investec on sale of $1.1bn loan portfolio
News 29 Mar 2021

The portfolio comprises leveraged finance, corporate and fund finance loans to corporates and funds across business services, entertainment, retail, childcare, healthcare, mining services and ...

Class action risk in 2021
Insight 30 Mar 2021

Australia’s class action landscape remains dynamic and complex. 2020 was characterised by an increase in filings, continuing uncertainty around the impact of COVID-19, and a consistently high level of consumer claims. ...

Nucleus – corporate law developments: ASIC restricts effectiveness of certain director resignations; new ASIC whistleblower immunity policy; and other updates
Insight 21 Mar 2021

ASIC restricts effectiveness of director resignations and introduces new whistleblower immunity policy; FIRB commences evaluation of changes to foreign investment laws; ACCC flags further reform of merger review process in 2021; lapsing of electronic signing and virtual meeting protocols ...

Privacy disclosure incident leads to largest ever award of compensation for non-economic loss.
Insight 16 Mar 2021

The determination issued by the OAIC for breaches of the Privacy Act by the Department of Home Affairs confirms that compensation can be ordered to be paid for non-economic losses related to data breaches. ...

The end is more nigh: FCA announces official LIBOR cessation dates
Insight 11 Mar 2021

On 5 March the UK LIBOR regulator, the FCA, announced cessation dates for the vast majority of LIBOR settings. As expected, the key date will be end of this year (ie 31 December 2021) for mo ...

Clarity from the High Court on competing class actions
Insight 11 Mar 2021

The High Court of Australia has provided much-needed clarity on competing class actions, handing down its decision in Wigmans v AMP Limited [2021] HCA 7. ...

A new rights-based approach: the Aged Care Royal Commission delivers its blueprint for radical reform
Insight 05 Mar 2021

The Royal Commission into Aged Care Quality and Safety issued its Final Report, which recommends significant change through the creation of a new aged care system aimed at placing people at the centre of aged care. The recommendations are wide ranging. ...

Allens advises on PAG's acquisition of Unispace Global
News 03 Mar 2021

Allens has advised the shareholders of Unispace Global on the successful sale to leading private equity group PAG Asia Capital. Founded in 2010, workspace design firm Unispace Global has more than ...

PE Horizons 2021
Insight 01 Mar 2021

With strategic bidders and foreign government acquirers on the side lines, 2021 may be the busiest ever for PE dealmakers ...

From the Paddington Markets to Milan: Allens advises on next phase of growth for Zimmermann
News 23 Feb 2021

The sale sees the Milan-based private equity sponsor acquire a stake in the business, with the Zimmermann founders – Nicky and Simone Zimmermann and CEO Chris Olliver - retaining an interest. Gener ...

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