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Allens advises on sale of Playground XYZ
News 23 Dec 2021

Playground XYZ is a client of Allens' Accelerate practice, which was the first dedicated startups and scaleups practice from a major law firm in Australia. 'We are delighted to have assisted the ...

Allens advises on $5.2b acquisition of Spark Infrastructure
News 23 Dec 2021

The transaction was implemented by way of an inter-conditional trust scheme and creditors' scheme of arrangement. Commenting on the transaction, partner Charles Ashton said, 'We are extremely pleas ...

Nucleus – corporate law developments: virtual meetings and e-signing lead a raft of changes coming in 2022
Insight 22 Dec 2021

After an extremely busy end to the year, we are pleased to present our snapshot of corporate law developments to the end of 2021. We wish you all the very best for the Christmas and New Year break, and look forward to bringing you further developments through Nucleus in 2022. ...

Allens advises Canopus Networks on $10 million capital raise
News 21 Dec 2021

The new funding will allow Canopus Networks to accelerate its growth and expand into 5G, gaming and international markets. 'We are delighted to have assisted Canopus on this transaction given our ...

Allens advises Green Peak Energy on investment by CBRE Investment Management
News 21 Dec 2021

CBRE IM's investment will be used to fund new rooftop solar PV and energy storage projects and Green Peak Energy's working capital requirements. 'We are delighted to have advised Green Peak Energy ...

Allens advises Oil Search on $22 billion merger with Santos
News 20 Dec 2021

The Allens cross-practice team was led by Corporate Partners Guy Alexander and Richard Kriedemann, along with Senior Associate Elise Blume, and was supported by lawyers across a range of practice ...

Retirement income covenants (and egg metaphors)
Insight 20 Dec 2021

The long-promised retirement income covenants are slated to come into effect on 1 July 2022. The proposed covenants are aimed at improving retirement outcomes, including by moving retirees away from a 'nest egg' mentality towards spending more in retirement – or 'hatching' the nest egg (to borrow the extended metaphor of APRA's Deputy Chair). ...

APRA guidance on managing climate change financial risks finalised for banks, insurers and superannuation trustees
Insight 19 Dec 2021

Delivering as promised before the end of 2021, APRA recently finalised its prudential practice guide CPG 229 Climate Change Financial Risks. ...

Allens advises CSL on A$16.4 billion Vifor acquisition and A$6.3 billion capital raising
News 16 Dec 2021

Allens has advised longstanding client CSL Limited on its proposed all-cash tender offer for Vifor Pharma Limited, which values Vifor Pharma at US$11.7 billion (A$16.4 billion). ...

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