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Treasurer hails fifth wave of competition reform with changes to merger clearance rules
Insight 10 Apr 2024

The Federal Treasurer, Dr Jim Chalmers MP, announced today that the Government is moving ahead with its plans to introduce significant changes to Australia's merger clearance rules. ...

The expectation of continuous improvement in combating modern slavery
Insight 09 Apr 2024

There is an expectation that businesses demonstrate continuous improvement in their response to modern slavery and reporting under Australia's Modern Slavery Act 2018 (Cth) (the MSA). ...

Class action filings surge 43% in 2023
News 19 Mar 2024

Consumer claims continued to dominate in 2023, accounting for 40% of filings, up from 32% last year, while shareholder claims dropped to 20% from 29% and employee claims remained stable at 15%. 'In ...

Allens advises on €800 million sale of Home Credit Vietnam
News 05 Mar 2024

Allens has a long-standing relationship with Home Credit. The firm supported PPF Group in laying the foundation for its business in Vietnam nearly two decades ago, including setting up its ...

Allens advises Paine Schwartz Partners and consortium on $2.459 billion acquisition of Costa Group Holdings
News 27 Feb 2024

Costa Group Holdings Limited is Australia's largest horticulture group and a leading grower, packer and marketer of fresh fruit and vegetables. It operates across five core categories including ...

Sanctions Regime in Australia
Insight 21 Feb 2024

We outline the key aspects of the Australian Sanctions Regime, the practical issues that corporations may encounter when implementing and managing their sanctions compliance frameworks, as well as some recent case studies to illustrate how the regime can apply. ...

Mandatory climate-related financial reporting: business implications of the draft legislation
Insight 14 Feb 2024

On 12 January 2024, the Federal Government released the exposure draft of the Treasury Laws Amendment Bill: Climate-related financial disclosure. In this Insight, we explain key elements of the Draft Legislation, including areas of uncertainty that have been raised in submissions to government. ...

What's on the horizon for business and human rights – 2023 themes and 2024 predictions
Insight 15 Feb 2024

The focus on businesses' obligations regarding human rights has grown considerably in recent years. In this Insight, we identify some of the central business and human rights themes from 2023, and set out our predictions for the year ahead. ...

Fortune favours the brave in 2024: Allens releases PE Horizons report
News 12 Feb 2024

After a relatively subdued 2023, the report's authors are calling 2024 as the year of the exit, with improved macroeconomic conditions providing the ideal environment for PE sponsors to sell assets ...

Sanctions developments in 2023 and expectations for 2024
Insight 30 Jan 2024

Following the Russian invasion of Ukraine in February 2022, global sanctions proliferated rapidly. This trend continued in 2023, and the World Trade Organisation estimates that 12% of global trade is now affected by sanctions. ...

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