Firms help breathe new life into Australian luxury retailer

One firm has acted in several recent restructures

Firms help breathe new life into Australian luxury retailer

MinterEllison and Arnold Bloch Leibler (ABL) were involved in the acquisition of an iconic Australian luxury goods retailer.

MinterEllison acted for Manderrah, which purchased Oroton under a deed of company arrangement (DOCA). ABL acted for Deloitte, the administrators of Oroton, with ABL partner Genevieve Sexton and senior associate Elyse Hilton leading the DOCA process.

Oroton, which entered voluntary administration in late 2017, was listed on the ASX and has more than 50 stores in Australia and Asia.

MinterEllison lead partner, Michael Gajic, said that the firm is proud to have advised on the purchase of Oroton. The firm advised on all aspects of the transaction, including deal structuring, drafting and negotiating all transaction documents, and obtaining all necessary regulatory approvals.

“We hope that this is the start of exciting new times for this iconic Australian brand,” he said.

Gajic was supported by partners Michael Hughes, Stewart Robertson, and James Momsen; senior associates Geread Dooley and Anthony Sommer; special counsel Taline Chater; principal consultant Paul Baillie; and associate Dong Su Kim.

MinterEllison has acted in several recent restructures, including the Network Ten restructuring and sale, the Boart Longyear recapitalisation, and Baralaba Coal company sale and recapitalisation.

 

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