Macrossans Lawyers Brisbane law firm


07.jpg
Banking & Finance

Our banking and finance team has hands on experience with a range of local and foreign banks, finance companies, borrowers and government departments.

For over 20 years, we have acted for the Bank of New Zealand Australia - a division of NAB - and regularly negotiate finance for clients including Austock, Peninsula Care, the Kearney Group of Companies, Carrington Cotton, 4 Seas Pty Ltd, and The Union Shopper Inc.

We handle complex and bulk standard transactions, with a streamlined process ensuring cost effective and timely service delivery.

Our areas of expertise include:

  • Structuring transactions and preparing security documents for:
  • Debentures (fixed and floating)
  • Bills of sale
  • Ships mortgages
  • Guarantees and indemnities (fixed and unlimited)
  • Negative pledges
  • Residential and commercial mortgages
  • Mortgages over shares
  • Cross-collateralised loans
  • Put and call options
  • Charge over money
  • Negotiating and preparing ancillary documents such as Rights of Entry; Freehold Mortgagee's Consents and Tripartite Agreements involving third parties
  • Structuring and documenting bank guarantees, letters of credit, letters of comfort, bills of exchange and other business documentation
  • Sell down of risk
  • Secured recoveries
  • Project finance, preparation of information memoranda and conducting due diligence.

Our experience:

  • Acting on behalf of listed property trust negotiating mortgage documentation with various financiers for multi-million dollar loans to acquire and/or establish over 400 childcare centres throughout Australia and New Zealand
  • Advising on particular industry issues impacting on security documentation including Gaming Commission, Liquor Licensing, Health Insurance Commission (HIC) and the Australian Community Pharmacy Authority (ACPA)
  • Documenting transactions for BNZA's business clients including mortgages, debentures, guarantees and indemnities, deeds of subordination, and bills of sale
  • Negotiating securities over fishing licenses, rent roll, book debts and other industry specific assets
  • Structuring loans for a pharmacy group and negotiating guarantees from the Australian Pharmaceutical Industries Limited.

For further information, please contact Paul de Silva.