find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Nice work for Bakers, Russell McVeagh

Nice work for Bakers, Russell McVeagh

BAKER & MCKENZIE, New Zealand firm Russel McVeagh and Munro Leys in Fiji advised the parties to the sale of Vatulele Island Resort in Fiji.Bakers acted for the vendor Lagoon Investments Ltd…

BAKER & MCKENZIE, New Zealand firm Russel McVeagh and Munro Leys in Fiji advised the parties to the sale of Vatulele Island Resort in Fiji.

Bakers acted for the vendor Lagoon Investments Ltd and Russell McVeagh and Munro Leys for the purchaser, the Waterfront Fund.

“The investment climate in Fiji since the parties signed this deal has not been ideal, so it is great to get this deal financed and completed, and to see the Vatulele Island Resort join the Waterfront Fund’s portfolio of outstanding properties,” said lead partner on the deal Robert Williams.

Bangkok-based Six Senses Resorts & Spas will manage the resort for Waterfront. Six Senses chairman Sonu Shivdasani said Vatulele has a similar target market to resorts it runs in the Maldives, Thailand and Vietnam.

“For example, in our Maldives properties we have the philosophy of ‘No News — No Shoes’, which also applies to Vatulele”, he said.

“We therefore do not intend to make any immediate changes. In the longer-term, we will develop and upgrade some aspects of the resort, including the addition of a Six Senses Spa, which is a key element of all our properties, and put emphasis on host development.”

The vendor is maintaining an investment in Waterfront and will retain an interest in the further development of the resort site.

A team at Grant Samuel, led by Jacoline Bekker in Sydney, advised Lagoon Investments.

The resort has been rated as one of the best in the world, and caters for 19 couples serviced by 110 staff.

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

Nice work for Bakers, Russell McVeagh
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
microphone
Oct 20 2017
Podcast: One of law’s most infamous alumni – in conversation with Julian Morrow
In this episode of The Lawyers Weekly Show, Melissa Coade is joined by The Chaser’s Julian Morrow....
protest
Oct 20 2017
High Court overturns ‘excessive’ anti-protest legislation
Bob Brown’s recent victory in the High Court over the Tasmanian government was a win for fundament...
Blocked
Oct 20 2017
Changes to Australian citizenship laws blocked
Attempts to beef up the requirements to obtain Australian citizenship were thwarted this week, after...
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 & ...