Property update: National moratorium on eviction announced
On Sunday, the National Cabinet announced its principles for relief for commercial tenants, including a moratorium on eviction for non-payment of rent for commercial tenants in financial difficulty due to COVID-19. Our latest Property update lists the principles agreed by the National Cabinet, and explains what landlords and tenants should do and how we can assist.
Media release: KCL Law advises a syndicate led by Payton Capital
KCL Law’s Banking and Finance team were delighted to advise a syndicate led by Payton Capital and comprising offshore institutional investors on an $80 million senior syndicated facility for the Australia 108 development — Australia’s tallest high-rise tower in Melbourne's Southbank. The financing was used in part to refinance the previous construction financing for the development.
Insolvency update: Temporary amendments to the Corporations Act provide breathing room for businesses in financial difficulty amid COVID-19 pandemic
Our latest Insolvency update looks at the temporary changes to insolvency laws implemented by the Federal Government to assist small and medium sized businesses experiencing financial difficulty and to prevent those companies going into liquidation.