find the latest legal job
Part Time Risk & Compliance Officer
Category: Other | Location: Brisbane QLD 4000
· Brisbane City · Flexible Part Time Hours
View details
Infrastructure Lawyer/SA
Category: Construction Law | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Global elite law firm · Dedicated Infrastructure team
View details
Property Lawyer
Category: Property Law | Location: All Melbourne VIC
· 12 Month Contract · Diverse Work
View details
In-House Legal Counsel (Mid to Senior)| Regulated Markets (Energy and Gas)
Category: Generalists - In House | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Full PD on Request · Exciting High Impact Role
View details
Family Lawyer
Category: Family Law | Location: Eastern Suburbs Melbourne VIC
· Boutique Firm · Great Reputation
View details
NZ tech company gets Chapman treatment

NZ tech company gets Chapman treatment

NEW ZEALAND firm Chapman Tripp has advised Provenco Group on its merger with Cadmus Technology to establish one of NZ’s largest technology companies. The $65 million merger has created a…

NEW ZEALAND firm Chapman Tripp has advised Provenco Group on its merger with Cadmus Technology to establish one of NZ’s largest technology companies.

The $65 million merger has created a significant payment and transaction solutions provider to be known in the interim as ProvencoCadmus, now listed on the NZ stock market.

Chapman Tripp partner Roger Wallis and solicitor Renee Holmes acted for Provenco on the deal, while partners Dermot Ross and Derek Parker have since advised the new ProvencoCadmus on banking facilities with ANZ National Bank. Wallis said that given the current global crisis, the successful merge was a pleasing result: “We were pleased to be able to assist ProvencoCadmus to navigate these conditions to a successful conclusion, despite the credit crunch and other trading pressures faced by both companies.”

Both groups of shareholders from the companies required approval for the deal, while NZ Commerce Act clearance and consent from both companies’ trustees for capital note holder and confirmation of continued bank facilities from ANZ National Bank were also required.

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

NZ tech company gets Chapman treatment
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Law Council of Australia
LCA calls for urgent adoption of ‘game-changing’ recommendation
The Law Council of Australia has urged for the immediate adoption of a key recommendation put forwar...
Sally Wheeler
Nov 20 2017
ANU College of Law appoints new dean
A distinguished legal academic and the former head of law of a higher education institution in Irela...
Nov 17 2017
It's time for politicians to commit to eradicating domestic violence
The national shame of domestic violence cannot be left unaddressed, writes Christine Smyth. ...
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'...
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...
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 & ...