find the latest legal job
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
Senior Property Lawyer I Commercial Litigator
Category: Property Law | Location: Arncliffe NSW 2205
· Rapidly growing law firm, working with a highly experienced team in a high growth industry across all areas of property and strata law
View details
Senior Property Lawyer I Commercial Litigator
Category: Property Law | Location: All Sydney NSW
· Rapidly growing law firm, working with a highly experienced team in a high growth industry across all areas of property and strata law
View details
Senior Property Lawyer I Commercial Litigator
Category: Property Law | Location: Sydney NSW 2000
· Rapidly growing law firm, working with a highly experienced team in a high growth industry across all areas of property and strata law
View details
Etihad Stadium switches hands

Etihad Stadium switches hands

Evie-Bruce

Melbourne Stadiums Group has sold the city’s Etihad Stadium to the AFL, with advice from two global firms.

Firms: King & Wood Mallesons (Melbourne Stadiums Group); DLA Piper (AFL)

Deal: The AFL has purchased Etihad Stadium in Melbourne from Melbourne Stadiums Group.

Value: Undisclosed

Area: M&A

Key players: The team advising Melbourne Stadiums Group was led by M&A partner Evie Bruce (pictured), with assistance from special counsel Andrew Phillipson, and solicitors Luke Mulcahy and John Arthur.

Partner Claire Rogers and senior associate Chris Allfrey advised on the financing arrangements.

Partner Simone Menz and senior associate Kate George advised on real estate matters, and partner Darren McClafferty and senior associate Greg Protektor advised on the tax aspects of the transaction.

Deal significance: The Etihad Stadium is located in the heart of Melbourne, Victoria.

It opened its doors in 2000 and has hosted national sporting events such as the AFL, A-League and Big Bash League, as well as international sporting events such as the UFC 193, soccer World Cup qualifiers and International Rugby Union tests.

The stadium has also hosted many concerts, featuring big names such as Taylor Swift, Justin Timberlake and Eminem.

Every year, some 35 million people pass through Etihad Stadium’s gates.

“We are delighted to have assisted our client on the sale of this landmark asset,” KWM M&A partner Evie Bruce said.

“The sale process involved complex commercial and legal issues which concerned a range of stakeholders.

“Throughout the process we were able to leverage our market-leading capabilities and experience across a range of practice groups to help execute the transaction and deliver a positive outcome for our client and the future of the stadium.”


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

Etihad Stadium switches hands
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
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. ...
Warning
Jan 18 2018
Lawyer highlights ‘unintended consequences’ on SSM estate planning
A succession lawyer has warned that the right for same-sex couples to legally marry could have a sub...
drug rehabilitation services available in rural and remote communities
Jan 18 2018
ALS survey shines spotlight on insufficient rehabilitation services
A new survey posted by the Aboriginal Legal Service (NSW/ACT) has revealed an alarming insight into ...
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 & ...