find the latest legal job
Freelance Project Finance Lawyers
Category: Other | Location: All Australia
· Vario are looking for freelance lawyers with experience in project finance ideally within the renewable energy sector
View details
Vario Freelance Lawyers
Category: Construction Law | Location: All Australia
· We are looking for lawyers who appreciate the endless possibilities that a freelance career can offer.
View details
Freelance Construction Lawyers
Category: Construction Law | Location: All Melbourne VIC
· We are looking for construction lawyers who appreciate the endless possibilities that a freelance career can offer.
View details
Banking Associate - 1-6PQE - Allen & Overy
Category: Banking and Finance Law | Location: United Kingdom
· Banking Associate - 1-6 PQE - Allen & Overy
View details
Academic Dean and Head of School of the TC Beirne School of Law
Category: Other | Location: Brisbane QLD 4000
· An outstanding opportunity · Provide educational, research and organisational leadership
View details
Globals get gig for hotel sale

Globals get gig for hotel sale

Baker & McKenzie and Allen & Overy both landed plum roles in the sale of an iconic Sydney hotel.

 

Firms: Baker & McKenzie (Starwood Hotels); Allen & Overy (Sunshine Insurance)

Deal: Sale of the Sheraton on the Park, Sydney

Value: $463 million

Area: M&A

Key Players: Bakers’ team was led by Sydney partners Graeme Dickson (pictured) and David Jones, with support from associate Bethany Armstrong. A host of other partners were involved, including Bryony Binns and Roy Melick. “This has been a mammoth transaction the sheer complexity of which will be difficult to describe to anyone outside the deal teams,” said Dickson. “What impressed me most is the degree of respect and friendliness which was evident at every stage. This bodes well for the long-term relationship that the parties have embarked upon.” Allen & Overy’s team was led by Sydney’s David Wilkie

Deal Significance: According to Hotel Management magazine, the deal is believed to be a record for the sale of a single Sydney hotel. US-based Starwood Hotels will continue to operate the hotel, adjacent to Hyde Park, under the auspices of its new owners, China’s Sunshine Insurance. Rates for one of the 557 guest rooms at the 5-star property range from $450 to $4,500 per night.

 

Like this story? Read more:

Book commemorates diamond milestone for WA law society

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

NSW proposes big justice reforms to target risk of reoffending

Globals get gig for hotel sale
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Lawyers take to Twitter to share career stories
Jan 22 2018
Lawyers take to Twitter to share career stories
The #mypathtolaw hashtag has been embraced by legal eagles to swap stories with the Twitter communit...
Jan 22 2018
Legal body disappointed with DPP emails leaked to tabloid
The NSW Bar Association has expressed “profound disappointment” over leaked emails from the NSW ...
Gavel, legal book, criminal lawyers
Jan 19 2018
Three criminal lawyers named NSW magistrates
The NSW Attorney-General has announced the appointment of three new local court magistrates. ...
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 & ...