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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 ...

Enhancing Australia's decommissioning framework
Insight 17 Dec 2020

The aim of the Enhanced Framework is to ensure that Australia is sufficiently positioned to respond to decommissioning challenges and to ensure the Australian regime is clear, fit for purpose and leading practice. ...

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 ...

Escaping IP infringement of renowned handbag
Insight 15 Dec 2020

On 6 November 2020, Australian fashion label State of Escape Pty Ltd ( State of Escape ) – renowned for its 'unique' perforated neoprene handbag – lost its two-year-long battle with Chuchka Bags Pt ...

RCEP: Australia signs largest free trade agreement in the world
Insight 15 Dec 2020

On 15 November 2020, Australia, China, Japan, Korea and New Zealand joined the Association of Southeast Asian Nations ( ASEAN ) to sign the Regional Comprehensive Economic Partnership ( RCEP ), ...

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' ...

Who's the fairest of them all? Comparative advertising amongst cosmetic competitors
Insight 15 Dec 2020

In recent proceedings before the Federal Court, Allergan was unsuccessful in its claim for infringement of its registered BOTOX trade marks against Self Care. Allergan alleged that Self Care ...

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 ...

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