Corrs helps as funds manager takes $60m swig

The work has earned praise from the long-time client

Corrs helps as funds manager takes $60m swig

Corrs Chambers Westgarth advised Laguna Bay on its investment in Margaret River Wine Production (MRWP) and the McWilliam’s Wines Group (MWG).

Laguna Bay, an Australian agricultural fund manager founded in 2010, invested about $60m into the businesses. Corrs advised the Laguna Bay Agricultural Fund 1 in its investment into MRWP, as well as on the negotiation of MRWP’s investment into MWG.

Controlled by Western Australian businessman Peter Fogarty, MWRP accounts for more than a third of the Margaret River region’s total wine production. It also controls the Lake’s Folly brand in the Hunter Valley region.

The Corrs team was headed by senior partner Fadi Khoury, who said the firm is proud to support a long-standing client. Khoury, who joined Corrs in late 2017, designed the agricultural investment fund managed by Laguna Bay.

Khoury was supported by special counsel Jaclyn Riley-Smith, senior associate William Lehane, and lawyer Magan Goh. Partner Ben Emblin and special counsel Suzanne Berben also provided assistance.

The team’s work has earned praise from their client.

“It was a monumental effort by Corrs. The team demonstrated outstanding technical legal skills, as well as a deep understanding of our business and the ability to anticipate our needs,” Laguna Bay corporate counsel Samantha Bryce said.

Fadi Khoury

Related stories

Free newsletter

Subscribe to our FREE newsletter service and we’ll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Please enter your email address below and click on Sign Up for daily newsletters from Australasian Lawyer.

Recent articles & video

Allens assists on $1.4bn capital raising applying ASX temporary class waiver

Hall & Wilcox plays major role in assets acquisition by fintech investor

CEO and managing partner parts ways with DWF

Authenticity and trustworthiness are critical to professional success, says G+T partner

Global healthcare company receives $1.2bn equity boost with HSF’s help

US bar comments on nationwide protests after George Floyd death

Most Read Articles

Lander & Rogers beefs up technology and digital practice with new partner

Baker McKenzie’s IPTech team gets an upgrade with new partner

Authenticity and trustworthiness are critical to professional success, says G+T partner

Gadens helps e-sports guru get in the game on $4.2m sale