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Mandatory CCR is here – what's actually different?
The mandatory comprehensive credit reporting scheme is finally in operation. We explain what's changed, who it affects, and the key considerations, risks and obligations — including steps you need to take soon. ...
Global remedies for global transactions – what makes the ACCC take a different approach?
As global M&A activity surges, we address the challenges your global deal could face, focusing on the likelihood that the ACCC accepts additional and/or separate remedies to those provided to merger control agencies in other jurisdictions. ...
ESG activism is growing – what should boards do?
ESG-related interests of stakeholders are impacting the governance arrangements of large listed companies. We look at why this is important for boards, and what steps they can take to mitigate becoming the target of this type of activist campaign. ...
Dumped: When a tenant walks out, who is responsible for abandoned waste?
The New South Wales Environment Protection Authority (EPA) has issued a prevention notice requiring a landlord to clean up hundreds of tonnes of hazardous e-waste abandoned by its tenant. ...
Are you ready for the new breach reporting regime?
ASIC has released a consultation paper on its draft regulatory guidance for the new (read onerous and wide-ranging) breach reporting regime, which is to commence on 1 October 2021. The release, on 22 April 2021, followed the Financial Sector Reform (Hayne Royal Commission Response) Act 2020 ...
Allens advises Mitsubishi Corporation on acquisition of Australian Integrated Carbon
AIC obtains carbon credits through human-induced regeneration, a process that involves CO2-sequestrations achieved in the regrowth of Australia's native forests. The acquisition will assist ...
World first: Australia says ‘yes’ to AI inventors
The decision in Thaler v Commissioner of Patents [2021] FCA 879 is the first judicial determination in the world in favour of AI systems being named as inventors of a patent. The availability of patent protection for AI-generated inventions is a vexed and controversial issue. ...
Allens acts for Salesforce on obtaining ACCC clearance
'We are pleased to have acted for Salesforce in such a significant acquisition. Combining Salesforce and Slack's complementary solutions is expected to enhance the way organisations and people work ...
Unlocking the potential of distributed energy resources and demand side participation
The Energy Security Board's (ESB) Post 2025 Market Design Options Paper provides a glimpse into upcoming reforms that aim to release the potential of distributed energy resources to meet current challenges with falling minimum demand and to leverage demand side participation. ...
ACCC to scrutinise online marketplaces; Epic Games' case to be heard in Australia; and other developments
ACCC vs SmileDirectClub for false and misleading statements; Australian Vending Buying Association allowed to collectively negotiate with goods suppliers; Epic Games proceedings against Apple to be heard in Australia; Lorna Jane ordered to pay $5 million in penalties; ACCC to examine online marketplaces; NZCC institutes cartel proceedings against consumer loan provider Moola. ...