Gilbert + Tobin

In the second instalment of the International AI Safety Report series, Peter Waters explores the various risks associated with AI, such as deepfakes, biological and chemical warfare, and bias. Read more here: https://bit.ly/4hig2QF

We are pleased to announce our role in advising Oaktree Capital Management, L.P. on the structuring and execution of debt facilities in relation to its investment in AZ NGA. Partner and Head of Banking, Gail Christopher, led the financing work for G+T, supported by Michael Spurritt, Callum Hinwood, Sarah Simmonds and Olivia Tabbernal.   Gail commented: “We are thrilled to have supported Oaktree in this important transaction, which will provide AZ NGA with the financial flexibility needed to execute its strategic growth plan. This is a significant milestone for AZ NGA, and we look forward to continuing to support both Oaktree and AZ NGA as they build on this investment over the coming years.” https://bit.ly/41hHnME

The recent Federal Court decision on the Moccona coffee jar shape mark vs. the Vittoria glass jar sheds light on the challenges involved in establishing that a 3D object is being used as a trade mark. It also highlights the complexities of applying ordinary legal principles relating to deceptive similarity to shape marks and 3D objects. Fiona Brittain and Alexandra Chubb discuss the decision, https://bit.ly/3DawZ1e

Schemes of arrangement are becoming the go-to for M&As, shifting power to target company boards. Justin Mannolini 马俊廷 GAICD SF Fin explores how lowering the compulsory acquisition threshold could level the playing field, making takeovers a more viable and dynamic alternative to schemes. https://bit.ly/4hRMHxi

Our Co-Founder and Chairman, Danny Gilbert, is featured in the UNSW Alumni Spotlight. He shares his vision for building a strong law firm that is a good corporate citizen with pro bono work as part of its DNA, the establishment of a centre for public law at UNSW and insights from four decades of leadership.

This morning ASIC published its highly anticipated discussion paper on the opportunities and risks emerging from shifts in public and private capital markets. Rachael Bassil and Rachel Barclay provide an overview and cover the key issues discussed in the paper. https://bit.ly/4kkfBIf

On Thursday 20 February 2025, the ACCC announced its new compliance and enforcement priorities for 2025-26. In light of these renewed themes and sharpened areas of focus, we offer G+T’s take on the major developments, trends and data from Australian competition and consumer law in 2024 – and what they may mean in the year ahead. Read more here: https://bit.ly/4hTyQGS

G+T has advised Mayne Pharma on the proposed $672 million scheme of arrangement entered into with US company, Cosette Pharmaceuticals Inc, announced 21 February 2025. https://bit.ly/41jakYH The transaction was led by Corporate Advisory Partner Adam Laura, together with Partner Nirangjan Nagarajah and with support from team members Thomas Riley and Jordan Czelen.   Adam commented: “This announcement represents a key milestone for Mayne Pharma, and we are delighted to have had the opportunity to assist on such a significant transaction.”

We are pleased to have advised Quadrant Private Equity on its majority investment into Herron Todd White. G+T supported Quadrant on all legal aspects of the transaction, including deal structuring and debt financing. Mergers and Acquisitions partner Peter Cook led the deal, supported by lawyers Muli Zhou, Rohit Duggal, Ashleigh Kern and Talia Nardi. The debt financing of the transaction was by led by Head of Banking Gail Christopher, who was assisted by lawyers Alanie Joseph and Emma Workman. Peter commented: "It was our privilege to work once again with long standing client, Quadrant, in executing a significant and complex transaction that was without precedent in the Australian property valuation industry. This marks an exciting new chapter for HTW as Quadrant and HTW’s shareholders, management and employees look to grow and build on HTW’s considerable success to date". https://bit.ly/3XgYugh

In episode 60 of The Competitive Edge podcast, Liana Witt joins us to talk about the latest in competition and consumer law enforcement and law reform. The ACCC is leaning into consumer and cost-of-living issues as a new prohibition against unfair trading practices takes shape. While private and class actions dominate new competition law cases, ACCC cases currently on appeal could dramatically change the enforcement landscape. Listen now with co-hosts Moya Dodd AO and Matt Rubinstein: https://lnkd.in/gkFtDEme