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PE Horizons 2021
With strategic bidders and foreign government acquirers on the side lines, 2021 may be the busiest ever for PE dealmakers ...
NSW becomes the second Australian jurisdiction to pass a PFAS ban
Knowledge of the risks posed by PFAS (per- and poly-fluoroalkyl substances), its behaviour in the environment and potential PFAS remediation options continue to evolve rapidly. Following South Australia's PFAS ban in 2018, New South Wales has just passed regulations to restrict the sale and use of PFAS firefighting foam. ...
Allens advises on PAG's acquisition of Unispace Global
Allens has advised the shareholders of Unispace Global on the successful sale to leading private equity group PAG Asia Capital. Founded in 2010, workspace design firm Unispace Global has more than ...
A new rights-based approach: the Aged Care Royal Commission delivers its blueprint for radical reform
The Royal Commission into Aged Care Quality and Safety issued its Final Report, which recommends significant change through the creation of a new aged care system aimed at placing people at the centre of aged care. The recommendations are wide ranging. ...
ASIC immunity to whistleblowers
ASIC's immunity policy provides immunity from the 'market misconduct' provisions (including insider trading, false and misleading conduct and dishonest conduct) to the first person who reports the misconduct to ASIC where multiple persons are involved. ...
Signing documents in a pandemic
The pandemic has focused minds on the need for law reform, to clarify that documents can be signed electronically, so that they are fully accepted in the market, and also to allow signatures to be witnessed remotely over audiovisual links. This timeline outlines the changes to legislation changes. ...
Allens Chairman's term extended to 2024
Commenting on the re-appointment, Managing Partner Richard Spurio said that the extension of Fiona's term was enthusiastically endorsed by the firm's partners. 'Fiona's leadership of our Board, and ...
$24m fine for criminal cartel charge; ACCC's interim report into digital advertising services; Kogan penalised for misleading discounts; and other developments
Wallenius Wilhelmsen Ocean AS fined $24m for criminal cartel charge; ACCC's interim report into digital advertising services; Kogan penalised for misleading discounts; Facebook and Onava allegedly mislead consumers; and Lorna Jane 'virus activewear' examined in court. ...
From the Paddington Markets to Milan: Allens advises on next phase of growth for Zimmermann
The sale sees the Milan-based private equity sponsor acquire a stake in the business, with the Zimmermann founders – Nicky and Simone Zimmermann and CEO Chris Olliver - retaining an interest. Gener ...
ACCC 2021 Enforcement Priorities
The impacts of COVID-19, essential services, digital platforms, cartels, small business, financial services and the construction sector will be a focus in 2021, as well as significant changes to the consumer law. ...