Partnering with clients to provide on-demand contract lawyers, giving in-house legal teams the confidence to be agile.
The hospitality, tourism and leisure industry is not confined to providing travel services and holiday destinations. It incorporates staging sporting and cultural events and constructing new venues, gambling operations, inner-city regeneration and transport infrastructure. These can require funding, construction advice, management agreements and government approvals.
Our experience in hospitality, tourism and leisure is as diverse as the sector we serve, with an emphasis on achieving successful commercial outcomes for our clients and developing long-term relationships. For that reason, our team includes specialists in real estate, construction, technology, taxation, banking, corporate, competition, litigation, government and intellectual property law to deal with all aspects of our clients’ legal needs.
Our expertise includes event venues and recreational parks, free-to-air and pay TV, gaming and wagering, hotels and resorts, liquor licensing, sports marketing and management and tourism operations.
As evidence of our on-going commitment to the industry, team members have leadership roles in peak bodies such as the Tourism Task Force.
Advised Webjet Limited in relation to its A$72 million fully underwritten pro-rata accelerated non-renounceable entitlement offer
Acted for SB&G Hotel Group on its hotel portfolio acquisition from Eureka Funds Management. The portfolio of hotels includes the Intercontinental Melbourne, Crowne Plaza Melbourne, Crowne Plaza Coogee, Crowne Plaza Canberra and Holiday Inn Potts Point. SB&G Hotel Group is now the largest owner of IHG-operated hotels in Australia, employing more than 800 staff.
Advised listed A-REIT Mirvac on the sale of its hotel management business, Mirvac Hotels & Resorts and various associated investments to a consortium comprising Accor Asia Pacific and Singapore-based Ascendas. The complex transaction involved the concurrent sale of the hotel management business and the stake in an unlisted hotel fund which will see Accor take on the management of 48 hotels and also acquire, with Ascendas, a stake in an unlisted Mirvac hotel fund that owns seven properties.
Advised Spotless on its acquisition of 100% of the shares in International Linen Service Pty Ltd from IWPE Nominees Pty Ltd and Investec Australia Limited.
Advused Spotless on an agreement to purchase the customer contracts and associated assets of the ACG security business.
Acted for ANZ Banking Group Limited and Bankwest in providing credit facilities by way of a club arrangement totalling A$415 million to Ever Glory (Australia) Holdings Corporation and Glory Property II Investment Pty Ltd (companies in the Singapore based Bright Ruby group of companies) to assist in funding the acquisition of Admiral Holdings Australia Pty Ltd (the owner of the Hilton Hotel, Sydney) and the refinancing of an existing credit facility.
Advised Webjet Limited on an A$27,150,000 term loan facility provided by National Australia Bank for the purpose of acquiring SunHotels Group by Sun Hotels Holding Co. Ltd, a HK subsidiary of Webjet Limited, allowing the company grow its accommodation portfolio.
Acted for the winning consortium on the successfully closed Melbourne Convention Centre project, the largest proposed facility of this type in Australia with associated retail and commercial developments and public works. The A$1.2bn project includes a 5,000 seat convention centre, a five star Hilton hotel, office and residential tower, riverfront retail promenade and revitalised Maritime Museum.
Acting for the lender on secured facilities of up to A$45,000,000 to fund the acquisition of the Sofitel Gold Coast Hotel by an Australian subsidiary of the Huayu Group.