Yearly Archives: 2015

Thomson Geer has advised ANZ on the acquisition of 100% of the securities in the Transit Systems Ferries Group by SeaLink Travel Group, with a purchase price of $125 million.

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The recent decision in the matter of Bluenergy Group Ltd (Subject to a Deed of Company Arrangement) (Administrator Appointed) [2015] NSWSC 977 (the Bluenergy decision) has clarified the rights of secured creditors under section 444D(2) of the Corporations Act 2001 (Cth) (Corporations Act) in circumstances where a Deed of Company Arrangement (DOCA) releases their claim as a creditor effective from the commencement of the DOCA.

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On 29 October 2015 the General Purpose Standing Committee No. 3 (Committee) of the NSW Legislative Council released its report into registered nurses in NSW nursing homes (Report). The Report, commissioned in order to investigate the impact of legislative changes to the Commonwealth's Aged Care Act 1997 (Cth) (Aged Care Act) on the NSW aged care sector, focuses on determining the degree to which at least one registered nurse should be required to be on duty at all times in NSW aged care facilities.

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Last month Justice Philip McMurdo of the Supreme Court handed down another decision between those parties with important ramifications for Queensland contractors. The Court in Wiggins Island Coal Export Terminal Pty Ltd v Monadelphous Engineering Pty Ltd & Ors [2015] QSC 307 considered the important issue of whether a contractor is able to recover payment for work performed outside of Queensland through an adjudication brought under the Building and Construction Industry Payments Act 2004 (Qld) (the Act).

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Thomson Geer has advised a Hong Kong based hedge fund manager, LIM Advisors, in an effective campaign against AMP Capital, manager of the ASX listed Australia China Growth Fund.

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Thomson Geer has acted for the shareholders of Adelaide Montessori, in the sale of all shares in Adelaide Montessori Pty Ltd to G8 Education Limited for approximately $3.3 million.

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Thomson Geer's Gaming & Leisure team has acted for The Hong Kong Jockey Club (HKJC) in its cross border commingling arrangements with the Tabcorp Group in respect of its NSW tote operations.

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In the recent decision of Surfstone Pty Ltd & Anor v Morgan Consulting Engineers Pty Ltd [2015] QSC 290 the Supreme Court of Queensland held that an onerous limitation of action clause was incorporated by reference into a contract, notwithstanding that the incorporated document was unsigned and not provided to the party against which it was applied.

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The construction of Aurora Melbourne Central is set to begin on LaTrobe Street, Melbourne. The 92-level tower will include more than 900 apartments. This project is the maiden Australian property development for Malaysian developer, UEM Sunrise. Our Melbourne Property team has provided due diligence and legal advisory services to UEM Sunrise throughout the course of the project, which began in August 2013.

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Our Brisbane Corporate team is advising Domino's Pizza on its acquisition of Pizza Sprint, a leading independent pizza chain operating in France. The acquisition is valued at $A55 million.

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