find the latest legal job
Corporate/Commercial Lawyers (2-5 years PAE)
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Specialist commercial law firm · Long-term career progression
View details
Graduate Lawyer / Up to 1.5 yr PAE Lawyer
Category: Personal Injury Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Mentoring Opportunity in Regional QLD · Personal Injury Law
View details
Corporate and Commercial Partner
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Full time · Join a leading Adelaide commercial law firm
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Sydney NSW
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Melbourne VIC
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
Deal cut in timber sale

Deal cut in timber sale

Ashurst and Clayton Utz have acted on the sale of softwood timber saw-milling operations at the Tarpeena and Bell Bay sawmills.

Firms: Ashurst (Auspine Limited, Gunns Consolidated Investments Pty Ltd and Gunns Limited); Clayton Utz (New Forests Timber Products Pty Limited)

Deal: The sale of Bell Bay and Tarpeena sawmills

Area: Corporate

Value: Undisclosed

Key players: Ashurst acted for Bryan Webster and Mark Korda of KordaMentha, the receivers and managers appointed in respect of the sellers: Auspine Limited, Gunns Consolidated Investments Pty Ltd and Gunns Limited. Arthur Apos, Con Tzerefos, Geoff Mann, Bill Reid, Lionel Meehan, Jason Cornwall-Jones, Jeff Lyn and Steven Amendola led the Ashurst team

Deal significance: New Forests Timber Products Pty Limited has acquired the softwood timber saw-milling and distribution operations at the Tarpeena sawmill and the Bell Bay sawmill (including related distribution sales, marketing and administration activities) from the sellers, Auspine Limited, Gunns Consolidated Investments Pty Ltd and Gunns Limited.

"This deal sees the continuation of a large business in Tasmania and South Australia that employs hundreds of people and demonstrates the confidence of institutional investors in Australian forestry and timber-processing assets,” said Apos.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Deal cut in timber sale
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Dec 18 2017
Summer in the city
Across Australia, a number of law students have kicked off their commercial law aspirations with the...
microscope
Dec 18 2017
‘Exorbitant legal fees’ under government microscope
With the growing number of class action proceedings in Australia, the government is looking at how ...
Funds, money, cash
Dec 18 2017
Law Access WA receives welcome funding
Law Access Western Australia has received a grant from the state government to fund its pro bono leg...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...