Monthly Archives: October 2014
Cobham wins $640m Australian Maritime Safety Authority contract for Airborne Search and Rescue
31 October 2014
Thomson Geer has advised Cobham in its negotiations to secure the Australian Maritime Safety Authority (AMSA) contract to provide an airborne search and rescue capability in Australia for 12 years from 2016, with aircraft modification and mobilisation activity to commence later this year.
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Thomson Geer's Sydney M&A team recently concluded the acquisition of Austmel Pty Ltd by Swedish-based Getinge Group. Austmel supply healthcare providers, pharmaceutical and medical device manufacturers across Australia with products and services for quality assurance in the handling of sterile goods. The acquired company is based in Queensland and has about 25 employees.
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Welcome to Shifting Geer, Thomson Geer’s superannuation newsletter for the period 22 September 2014 – 24 October 2014
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Federal Small Business Minister, Bruce Billson MP, has confirmed that the highly anticipated new Franchising Code of Conduct will commence on 1 January 2015.
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Thomson Geer's Brisbane Banking & Finance team has acted for the National Storage REIT on its $46.5 million acquisition of a four-asset portfolio based around Canberra.
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CONSTRUCTION Alert: What you DON’T already know about the changes to the BCIP Act – practical and strategic implications of the amendments
14 October 2014
Since the highly anticipated Building and Construction Industry Payments Amendment Bill 2014 was passed, there has been a large amount of information published on the basic, prescriptive changes that the bill implements. In this update, we look beyond the changes themselves and explore the strategic and practical issues and implications that the settled bill presents.
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In February 2014, we issued an alert concerning our clients' successful outcome in Australian Building Systems v Commissioner of Taxation [2014] FCA 116. That matter concerned important considerations around a liquidator's liability for a capital gain made during the liquidation. Today, the Full Federal Court unanimously dismissed an appeal brought by the Commissioner of Taxation (Commissioner of Taxation v Australian Building Systems Pty Ltd (in Iiq) [2014] FCAFC 133).
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