find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Insurance Lawyer (1-3 PAE)
Category: Insurance and Superannuation Law | Location: Sydney NSW 2000
· Join a dynamic Firm · Excellent career growth opportunity
View details
In-house lawyer 1-4 PAE
Category: Generalists - In House | Location: Adelaide SA 5000
· Leading Brand · Report to a Dynamic Legal Counsel
View details
Gilbert + Tobin cotton on

Gilbert + Tobin cotton on

Gilbert + Tobin advised Twynam Agricultural Group on the $25 million sale of its ginning assets and land holdings to Queensland Cotton Holdings Limited. The sale includes ginning operations at…

Gilbert + Tobin advised Twynam Agricultural Group on the $25 million sale of its ginning assets and land holdings to Queensland Cotton Holdings Limited. The sale includes ginning operations at Collymongle, Warren and Mungindi in NSW.

Under the deal, Queensland Cotton has exclusive rights to gin Twynam’s upland cotton crop grown in the ginning zones for the next five to six years, as well as the right to market Twynam’s cotton during that period. If Twynam delivers certain minimum volumes of cotton to Queensland Cotton in that time, incentive payments of up to $10 million will be payable by Queensland Cotton.

Twynam Agricultural Group is a diverse company whose main domestic activities are in the rural industry. It has interests in beef, cattle feed-lotting, wool, rice, cotton, cereals and cotton ginning. Its Colly Cotton business internationally markets some 20 per cent of the Australian cotton crop.

Amanda Hempel, who led the G+T team on the transaction, said the sale of the Twynam Group’s assets was an important step in assisting the Twynam Group to focus on its core strategic activities and allowed Queensland Cotton to acquire significant, strategic market share.

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

Gilbert + Tobin cotton on
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Warning
07:03
NT Law Society sounds alarm on mandatory sentencing
The Law Society Northern Territory has issued a warning over mandatory sentencing, saying it hasn’...
Unite
Aug 22 2017
Professionals unite in support of marriage equality
The presidents of representative bodies for solicitors, barristers and doctors in NSW have come toge...
Aug 21 2017
Is your firm on the right track for gig economy gains?
Promoted by Crowd & Co. The way we do business, where we work, how we engage with workers, ev...
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 & ...