Allens

Allens has been recognised by the Workplace Gender Equality Agency as an Employer of Choice for Gender Equality for the 20th year in a row.   Achieving this citation reaffirms our commitment to fostering an inclusive, supportive and collaborative culture, and reflects the dedication and effort of our people over many years. Learn more about gender equality at Allens: https://lnkd.in/gc4H5pWF

'Throughout my career, I've been influenced by many strong female leaders who thrived in their roles, which they each approached in their own way. Their impact was empowering, and meant I never had to consider that being a female from a minority background might hold me back – it never crossed my mind.' Meet Tracy Lu (卢宜), our newest IP partner: https://lnkd.in/gd6iWb-g

The Federal Government's proposed mergers framework introduces new and untested concepts under Australian law. The amendments diverge from and apply a lower standard than other global merger control regimes, suggesting the Australian approach will capture more deals. Here's what this could mean for mergers going forward: https://lnkd.in/g3MjjiGh

We were honoured to hear from four inspirational women at our Celebrating WA Women event in Perth last week. Huge thanks to our panellists: Sarah Jamieson, a triple Olympian, Commonwealth Games silver medallist and Head Coach of the Perth Running Club; Sukhjit Kaur Khalsa, a writer, performer, theatre-maker, filmmaker, producer and Executive Director of The Blue Room Theatre; Narelle (Wila) Thorne, a journalist, emerging First Nations playwright and Social Investment Advisor at Rio Tinto; and Anna Wylie, Chair of Millennium Kids Inc and Senior Legal Counsel at GreenCollar. Thank you for sharing your experiences, challenges and hopes for the future of the arts, First Nations, environment and women in sport. Thanks also to our moderator, Managing Associate Fiona Rose Potter, and to all who joined us!

'The transition to sustainable energy is a global and multifaceted challenge that presents significant opportunities for private capital. This acquisition provides Cyan with exposure to Asia as it builds a leading global energy transition-focused offshore marine business.' We advised Seraya Partners and its portfolio company Cyan Renewables on their acquisition of marine and subsea services provider MMA Offshore Limited for an implied equity value of $1.1 billion. Read more: https://lnkd.in/gDdHzRHu

Today, Treasury released the exposure draft of the Treasury Laws Amendment Bill 2024: Acquisitions, which outlines the proposed framework for the new merger regime and key processes. Here is a quick summary of the key proposals and we'll release some more detailed thoughts shortly.  Further information is available on the Treasury website here: Reforming mergers and acquisitions – exposure draft | Treasury.gov.au

Thank you to our clients and guests for joining us at last week's exclusive viewing of the Melbourne Winter Masterpieces 2024 exhibition, Pharaoh, at the National Gallery of Victoria.   Developed in collaboration with the British Museum, Pharaoh celebrates 3000 years of grandeur and artistry in ancient Egypt through more than 500 examples of sculpture, architecture, jewellery, papyri and more.

Class action filings in 2024 are on track to fall short of the recent record-setting years, although there is reason to remain cautious. Read more on the factors that are poised to shape the class action landscape moving forward: https://lnkd.in/e6t23fEq

'We congratulate AWL and Accolade Wines on the announcement of the proposed amalgamation of Accolade Wines with Pernod Ricard's assets, which will create a more diversified portfolio of brands and a more efficient, resilient global wine business.' We advised a consortium of international institutional investors on its intention to combine wholly-owned Accolade Wines with Pernod Ricard's Australian, New Zealand and Spanish wine businesses. Read more: https://lnkd.in/gVVe2ha3

'As Australia's renewable energy generation grows in sophistication, our energy storage solutions are ever more critical. We're delighted to have worked with Akaysha to secure this landmark financing as it continues to advance Australia's energy transition.' We advised Akaysha Energy on the $650 million financing of its Orana Battery Energy Storage System (BESS), the largest four-hour BESS in Australia's National Energy Market and one of the largest in the world. Read more: https://lnkd.in/gWJ6Sex9