Mallesons leads grain agreement

Mallesons Stephen Jaques has acted for Glencore Grain on its new grain arrangements with AACL Holdings Ltd and Macro Funds Pty Ltd, advised by Freehills. Under the arrangement, Glencore will…

Lawyers Weekly • 13 July 2010 • Big Law

Mallesons Stephen Jaques has acted for Glencore Grain on its new grain arrangements with AACL Holdings Ltd and Macro Funds Pty Ltd, advised by Freehills.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Lawyers Weekly. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Under the arrangement, Glencore will fund seeding payments, bringing AACL's bank balance up to around $53 million.

The Mallesons team, led by partners Hal Bolitho and Nicholas Pappas, drafted the grain pre-purchase and marketing agreements, as well as charges for the new arrangement.

VIEW ALL

Bolitho said of the deal: "The real challenge in this transaction was being able to move quickly whilst retaining sufficient flexibility in the arrangements so that Glencore could assist AACL and Macro Funds in the time frame required."

We're evolving — and so should your insights. Heads up — Lawyers Weekly is going premium from 1 May for just $5 a month. Stay informed without missing a beat. More information coming soon.

You need to be a member to post comments. Become a member for free today!

Lawyers Weekly - legal news for Australian lawyers

SECTIONS

MORE

Mallesons leads grain agreement

OUR PLATFORMS AND BRANDS

EVENTS AND SUMMITS

PODCASTS

LEARNING AND EDUCATION

MOMENTUM MARKETS NETWORK

LINKS

STAY CONNECTED