Media release: KCL Law advises Emerald Grain on $180 million Borrowing Base Facility Agreement
KCL Law’s Banking and Finance team has advised Emerald Grain Pty Ltd, and new shareholding consortium led by Roc Partners, in connection with Emerald Grain’s entry into a $180 million Borrowing Base Facility Agreement with Commonwealth Bank of Australia and Westpac Banking Corporation.
Construction and Infrastructure case note: Supreme Court of Victoria provides guidance on minimal requirements of a payment schedule
In our latest Construction and Infrastructure case note, we look specifically at the findings by the Honourable Justice Stynes in respect of the validity of the payment schedule in BCS Infrastructure Support Pty Ltd v Jones Lang Lasalle (NSW) Pty Ltd  VSC 739.
Estate Group update: Get your trust deeds updated! Changes to foreign trust purchaser rules for New South Wales are coming
From 1 January 2021, if a trust owns or purchases residential property in New South Wales, the trust may be subject to additional stamp duty and land tax unless the trust deed is amended before 31 December 2020.