The firm tackled the legal requirements related to the transfer of management of Crown land
HWLE Lawyers has provided pro bono legal assistance to Wallara Australia on its merger with Collingwood Children's Farm.
According to corporate and commercial partner Peter Dreher, the deal “highlights Wallara's deep commitment to community and long-term sustainability”. The merger ensures the continued existence of the not-for-profit farm, which had experienced financial issues; it invests capital in Collingwood Children's Farm while retaining its entire roster of staff.
The merger enhances the farm’s inclusiveness by creating 20 new jobs for Melbourne residents with disabilities; the farm’s facilities and attractions will be upgraded as well. Wallara confirmed that it has committed to investing up to $1m in the farm.
Wallara took on full operation of the farm this month. Under the Crown Land (Reserves) Act 1978 (Vic), Wallara was also appointed the new committee of management of the Crown land the farm operates on, which is situated on the Yarra River banks in Melbourne.
“This decision was made by the Victorian government to secure a sustainable future for the farm that ensures it remains open, welcoming and sustainable for generations to come”, Wallara said in a media release. “The core purpose and mission of Collingwood Children’s Farm will not change. The local community will be able to continue to enjoy the space – with the added bonus of being able to provide meaningful employment for Melbournians with disabilities”.
The HWLE Lawyers team guided Wallara on all aspects of the deal, such as the structure and the Wallara’s appointment as the new committee of management. The firm also advised on governance requirements and prepared necessary key documentation.
Special counsel Myra Stirling and associate Isobel Tennent collaborated with both Wallara and Collingwood Children's Farm on core issues and documents.
Wallara provides support services for adults with different abilities. Collingwood Children's Farm supports local children experiencing adversity through guided programs and farm visits.
