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Proposed changes to Credit Risk Management Prudential Standard (APS220)
Insight 23 Dec 2020

In the absence of the Responsible Lending Obligations, lending by Australian banks will be regulated by APRA. This means the new Credit Risk Management Prudential Standard (APS220) will be the central legislative guidance in designing consumer assessment and lending protocols. ...

Allens advises on $4.2bn WestConnex refinancing
News 23 Dec 2020

The $4.2 billion of new non-recourse debt comprises $3 billion of bank term debt facilities with tenors of three, five and seven years, and a $1.2 billion two-year bridge facility. The interest rat ...

Small business restructuring reforms
Insight 22 Dec 2020

The Federal Government's insolvency reform package relating to small business provides for a debt restructuring process intended to give eligible small businesses the flexibility to restructure debts while the directors remain in control of the business, and for a new simplified liquidation process for small business. ...

Allens advises Newcrest on renewable energy PPA
News 16 Dec 2020

The PPA, which is designed to meet part of the future energy requirements for Newcrest's Cadia Mine in central western NSW, is for approximately 55 per cent of the output of the proposed ~400MW Rye ...

Allens advises on Australia's first PPP green loan
News 16 Dec 2020

The debt facilities refinance stage 1 of Canberra's light rail network, which began operations in 2019 and is the largest single infrastructure project ever undertaken by the Australian Capital ...

Exhaustion of rights doctrine is now in Australia
Insight 15 Dec 2020

Calidad Pty Ltd v Seiko Epson Corporation confirms the exhaustion of rights doctrine now applies to Australian patent law. Patent owners cannot exercise their rights under the Patents Act 1990 (Cth) (Act) over specific patented products once those specific products have been sold onto the market. ...

Court calls last drinks on URBAN ALE trade mark
Insight 15 Dec 2020

Is URBAN ALE a distinctive trade mark? Would you consider the words URBAN PALE (displayed prominently on your stubby) to merely describe the type of beer? Are inner-city breweries 'cool', 'trendy' ...

Removal of trade marks for non-use – a bittersweet end for "LIME"
Insight 15 Dec 2020

A recent Federal Court decision has highlighted how different factors can impact the assessment of a non-use application under section 92(4) of the Trade Marks Act 1995 (Cth). 1 The Taxiprop decisi ...

National Electricity and Gas rules update: November 2020
Insight 15 Dec 2020

In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of November, as well as take a closer look at the latest ring-fencing issues paper published by the AER. ...

Allens advises Santos on Barossa LNG SPA with Diamond Gas International
News 14 Dec 2020

The long-term SPA is for the supply of 1.5 million metric tonnes per annum of Santos equity LNG over an initial period of 10 years with extension options. The SPA is strategically important for ...

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