Allens helps WWF-Australia reach a milestone

The event is a great deal for threatened species

Allens helps WWF-Australia reach a milestone

Allens has helped WWF-Australia reach a milestone.

The top firm aided the environmental organisation in buying and retiring the last full-time commercial fishing gill net on the northern Great Barrier Reef.

The purchase brings to an end commercial net fishing in the Princess Charlotte Bay region north of Cairns, the firm said. Fishers have only been able to fish with nets in the area if they hold a historical commercial license.

WWF has bought the last commercial license in operation for an undisclosed six-figure sum, which was raised from the community.

The area, a habitat of the dugong and other threatened species, is part of the Great Barrier Reef Marine Park.

“Nearly three thousand people chipped in to raise the six-figure sum needed to purchase the commercial fishing licence which will now be retired, along with the 600-metre long gill net,” said Dermot O'Gorman, WWF-Australia CEO. “It’s a great deal for dugongs, so we want to say thank you Allens for pro-bono legal support on an unusual and novel transaction.”

The work continues Allens’ pro bono efforts for Great Barrier Reef conservation.

Felicity Rourke, Allens partner, said that collaborating with WWF-Australia to find a creative solution to a complex problem was very rewarding for the firm’s team.

Recent articles & video

W+K adopts gen-AI tool designed for Australian legal market

HSF, Maddocks confirm roles in $2.3bn PSC Insurance acquisition

Hunt & Hunt announces support for St Kilda Film Festival

G+T helps banks secure ACCC authorisation for mortgage aggregator assurance program

Data Zoo taps KWM for support on Ellerston Capital investment

Allens assists QIC on minerals fund's initial investments

Most Read Articles

High Court affirms right to reliance damages in landmark breach of contract case

KKR snaps up Perpetual businesses in $2bn deal with G+T's help

Clifford Chance recruits partners from Shearman & Sterling, White & Case as it expands US presence

ASX lister raises $121m with Lander & Rogers' help