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Corporate trustees: no fiduciary duty owed by a successor trustee to its predecessor
Insight 18 Oct 2023

A recent New South Wales Court of Appeal judgment has resolved a difficult question concerning the law of corporate trustees, and serves as a practical reminder of the difficulties faced, in particular, by insolvency practitioners appointed to insolvent former trustees. ...

Allens advises GPT Group on the expansion of its funds management platform to a portfolio of Australian and NZ student accommodation assets
News 16 Oct 2023

'This marks a significant expansion of GPT's funds management platform and we congratulate GPT on the successful addition of the Australian and NZ student accommodation portfolio to its platform,' ...

TNFD Recommendations to prompt a step change in nature risk management and disclosure
Insight 10 Oct 2023

The Taskforce on Nature-related Financial Disclosures recommendations (the TNFD Recommendations) provide a means to standardise nature-related risk management and reporting, and to capitalise on nature-related opportunities. ...

The National Anti-Corruption Commission in action
Insight 09 Oct 2023

New anti-corruption watchdog, the National Anti-Corruption Commission (the NACC ), has now been operating for 100 days, and has already received more than 1200 referrals and opened three ...

Allens advises Bendigo and Adelaide Bank on the sale of Bendigo Superannuation Pty Ltd to Betashares
News 05 Oct 2023

Bendigo Superannuation Pty Ltd is a wholly owned subsidiary of the Bank, and trustee and issuer of Bendigo SmartStart Super and Bendigo SmartStart Pension products, which are part of the Bendigo ...

Whistling in the wind: clarification on the limited retrospective application of the corporate and tax whistleblower protection regime
Insight 04 Oct 2023

The Full Court of the Federal Court of Australia has unanimously determined that the updated whistleblower protections that came into effect on 1 July 2019 do not apply to detrimental conduct engag ...

Best practice approach to communications between principals and superintendents
Insight 21 Sep 2023

This Insight sets out practical tips on achieving best practice communications between principals and superintendents in order to avoid any perception of bias, and summarises recent case law on the consequences of failing to heed this guidance. ...

A twist in the road for auto class actions
Insight 14 Sep 2023

This Insight summarises our key takeaways from the decision and includes our reflections on the implications for the class action risk facing automakers. ...

Allens advises RBA on Central Bank Digital Currency pilot
News 24 Aug 2023

The use of the pilot CBDC was tested by approved market participants in a diverse set of use cases, with the goal to understand potential business models, use cases and economic benefits, as well a ...

2023 corporate crime landscape: interim update
Insight 24 Aug 2023

This interim update summarises the major developments in Australia's corporate crime landscape of 2023 so far. With increased exposure, scrutiny and penalties, it is ever more vital to ensure your organisation is taking steps to be compliant with the evolving corporate crime landscape. ...

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