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
Family Lawyer
Category: Family Law | Location: Eastern Suburbs Melbourne VIC
· Boutique Firm · Great Reputation
View details
Infrastructure Lawyers
Category: Construction Law | Location: All Perth WA
· We'd be particularly interested to hear from you if you were a lawyer who knows your way around the infrastructure and energy sectors.
View details
Hall & Wilcox in Hastie hydraulics buy

Hall & Wilcox in Hastie hydraulics buy

HALL & WILCOX had to work quickly to complete the $18 million sale of shares by the directors of the Victorian arm of hydraulics supplier Cooke & Carrick (Vic) Pty Ltd to Hastie Group…

HALL & WILCOX had to work quickly to complete the $18 million sale of shares by the directors of the Victorian arm of hydraulics supplier Cooke & Carrick (Vic) Pty Ltd to Hastie Group Ltd.

“The unique feature of this deal was the timing involved. There seemed to be only hours between parties agreeing to go ahead and the share sale agreement being finalised and completed,” said lead partner on the deal Bruce McFarlane.

“There was no room for error — our team had to ensure we covered every base to make the sale smooth and successful for our clients.”

Trading as CDC Plumbing & Drainage, based at Tullamarine in Melbourne, Cooke & Carrick supplies hydraulics services for commercial buildings.

Hastie supplies commercial air conditioning, refrigeration and electrical systems.

“Our entry into the hydraulics market will open up additional cross-selling opportunities and strengthen Hastie’s position to secure multi-service contracts for commercial and industrial buildings in Australia, New Zealand and the United Arab Emirates,” said David Harris, group managing director and CEO of Hastie.

Tax partner at Hall & Wilcox Andrew O’Bryan had initially advised on the tax and restructuring aspects of the transaction.

“We had a team of expert lawyers advising our clients on tax, employment, property and commercial issues in the deal, quickly and efficiently. Quite an achievement considering the time of the year,” said Hall & Wilcox’s managing partner, Tony Macvean.

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

Hall & Wilcox in Hastie hydraulics buy
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Violence
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. ...
Nov 16 2017
From lawyer in law firm to senior governance professional
Promoted by Governance Institute of Australia As a law graduate, Kate Griffiths never imagined...
marriage equality
Nov 16 2017
Legislation the next hurdle for marriage equality
Lawyers have underscored the importance of ensuring same-sex marriage legislation does not limit ant...
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 & ...