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Landlord and tenant rights and obligations to change under Retail Leases Amendment Bill 2019 (Vic)
Insight 05 Nov 2019

Landlords and tenants will see changes to their rights and compliance obligations under retail shop leases as a result of proposed amendments to the Building Act 1993 (Vic) (and regulations) ...

Allens continues winning streak across banking and finance league tables
News 04 Nov 2019

For the first nine months of calendar year 2019, Allens topped Debtwire's Asia Pacific (ex-Japan) Lead Bank's Legal Counsel by volume and number of deals, as well as the Dealogic Regional Legal ...

Allens advises on innovative $35m facility for gold producer
News 03 Nov 2019

The facility will provide Ramelius with access to working capital and support for any corporate or asset acquisition it might conduct in the future. There is also scope to increase funding, subject ...

Allens advises on Villa World's acquisition by AVID
News 20 Oct 2019

Shareholders will receive total cash consideration of $2.345 per share under the approved Scheme, which represents a 5.2% increase from AVID's initial proposal of $2.23 per share in March 2019 and ...

Allens acts on the IPO for the Magellan High Conviction Trust and Magellan's institutional placement
News 15 Oct 2019

Allens has advised Magellan Asset Management Limited, on an initial public offering for a new ASX-listed investment trust, the Magellan High Conviction Trust. ...

The proposed PNG strata title scheme – what will change?
Insight 24 Oct 2019

In a development that is especially relevant to property developers and financial institutions, draft legislation to introduce a Papua New Guinea strata title scheme has been released. ...

Allens advises Santos on strategic natural gas and LNG acquisition
News 23 Oct 2019

The transaction, once completed, will deliver Santos operatorship and control of the Darwin LNG facility (and associated mid-stream assets), the Bayu-Undan project and the Barossa project. The ...

If in doubt, get the whitewash out
Insight 11 Oct 2019

The High Court's first decision on the financial assistance prohibition in section 260A of the Corporations Act supports a conservative approach to the prohibition, and in particular highlights the danger of 'taking a view' on the no material prejudice exception. ...

Vale restitution? The High Court clarifies remedies available to construction contractors following termination for repudiation
Insight 14 Oct 2019

In a welcome decision for principals engaging contractors for construction work, the High Court has substantially limited the availability of the restitutionary remedy of a quantum meruit where a contractor elects to terminate a contract as a consequence of repudiation. ...

Builders' duty of care for defective works continues to narrow
Insight 23 Sep 2019

A recent UK decision1 continues the judicial trend of limiting the circumstances in which a builder will be liable in negligence for pure economic loss caused by its defective works. ...

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