Deal: Deloitte, in its capacity as voluntary administrator of Clough Group, has sold Clough Group to Webuild, which KWM said will help secure the future of nationally significant projects such as Snowy Hydro 2.0 and Inland Rail — the 1,700-kilometre freight rail line set to connect Melbourne and Brisbane, as well as ongoing employment for more than 1,000 Clough Group employees in Australia and Papua New Guinea.

Area: Restructuring and insolvency

Value: $35.9 million

Key players: The KWM team was led by partners Samantha Kinsey, Juliana Jorissen, Mark Vanderneut, Sam Dundas, Travis Toemoe, Darren McClafferty, Judith Taylor, Ruth Rosedale, Phil Willox, Sean Field, Scott Bouvier and Simone Menz and supported by a large team of senior associates and solicitors, including Tom Harrison, Mike Salvaris, Tom Monotti, Sarah Lethlean, Zoe Kaesehagen, Campbell Burns-McRuvie, Matt Caldow, Patrick Mackenzie, Georgia Cowley, Felicity Minchin, Jack Anderson, Andrew McLeod, Caitlin Babington and Darcy Harwood.

Deal significance: Ms Kinsey said: “We’re incredibly proud to have supported Deloitte and Clough on this significant engagement.

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“This engagement has collectively saved over 1,000 jobs, secured a future for various projects that are critical to the energy security of this country and provided an iconic Western Australian business with the opportunity to enjoy a prosperous future.”

Ms Kinsey went on: “This restructure and sale has been made possible with the support of Clough management, sureties, project principals, joint venture partners and other key stakeholders. We thank all of these stakeholders and their advisers for their collaboration and support.”