Mr Kraus joins Maddocks from KCL Law’s banking and finance practice, which he headed up. He brings a broad client base, including banks, institutional and private lenders and investors, commercial borrowers, family offices, property developers, and ASX-listed entities.

Throughout his career, Mr Kraus has gained particular expertise advising on commercial and institutional lending and borrowing arrangements, in particular in relation to property, development, corporate and structured finance, a statement from Maddocks explained.

Meanwhile, Mr Thomson joins the firm from Clyde & Co and is described as a “leading property lawyer”, holding vast experience across commercial property portfolios, including divestment and acquisition programs, leases, development projects and joint ventures.

His clients, according to the statement from Maddocks, include a wide range of stakeholders in the real estate and development industry in both the public and private sectors. He also regularly advises inbound investors, particularly from Asia, the firm said.

Commenting on the appointments, Maddocks chair Mark Henry welcomed the pair to the firm.

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“Both Ilan and Cameron are highly regarded in their areas and will add to the depth and breadth of our experience in our banking and finance and property practices,” Mr Henry said.

“Their appointments show a continued commitment to the growth of the firm and to making sure that we are well placed to assist our clients as they emerge from the impact of COVID-19.”