HSF acts as Australian port sold for A$9.7bn to investors including Chinese
Firm advises alongside Australian firm Minter Ellison on the sale of the Port of Melbourne
September 20, 2016 at 04:54 AM
2 minute read
Herbert Smith Freehills (HSF) and MinterEllison are advising on the A$9.7bn (£5.6bn) sale of Australia's biggest container and cargo port to a consortium including China Investment Corp.
HSF is representing the Lonsdale consortium, which won the bidding for a lease of the Port of Melbourne from the Government of Victoria for a term of 50 years.
HSF's team is led by Brisbane projects partner Peter Butler and Melbourne corporate partner Robert Nicholson. The pair are supported out of Melbourne by corporate partner Matthew FitzGerald, competition partner Chris Jose and projects partner Brendan Quinn. Brisbane projects partner Luke Simpson is also on the deal.
Minter Ellison is acting for the Government of Victoria on the deal, with a team led by Melbourne corporate finance partner Peter Block and Brisbane infrastructure partner Andrew Rentoul.
The transaction is expected to complete at the end of October.
News of the deal comes after the Australian government blocked the sale of New South Wales electricity provider Ausgrid last month to Chinese and Hong Kong bidders, citing security concerns.
Meanwhile, earlier this month it emerged that a 10-partner team from HSF has quit to join White & Case. Eight partners in Australia, led by Quinn, will launch the US firm's presence in the country with offices in Melbourne and Sydney.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Hengeler, Noerr, Freshfields Steer Multi-Million Euro Deals for XXXLutz, Huf Group & More
3 minute read
Goodwin Enlisted for $1.15 Billion GSK Acquisition of US Biopharma Business
Freshfields Leads European M&A Rankings Again in 2024, as U.S. Firms Gain Market Share
5 minute read
Trending Stories
- 1Family Court 2024 Roundup: Part I
- 2In-House Lawyers Are Focused on Employment and Cybersecurity Disputes, But Looking Out for Conflict Over AI
- 3A Simple 'Trial Lawyer' Goes to the Supreme Court
- 4Clifford Chance Adds Skadden Rainmaker in London
- 5Latham, Kirkland and Paul Weiss Climb UK M&A Rankings
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
