Judge Andy Nicholls
Wellington District Court Judge
Carolyn Mortland
Co-founder, Futureful
Chapman Tripp has been heavily involved in the recent return of activity in New Zealand’s equity capital markets. The firm has assisted in raising $3.6 billion across four large equity capital raisings, including New Zealand’s largest ever secondary capital raising and the first accelerated non-renounceable entitlement offer since the NZX Listing Rules were amended to permit such raisings.
The package announced today to blow the cobwebs off the Companies Act and bring it into the digital age, together with the impending Law Commission review of directors’ duties, should help to galvanise the corporate sector, says Chapman Tripp.
Chapman Tripp was pleased to assist Vector in entering into a conditional agreement to sell Vector OnGas, its liquified petroleum gas business, together with its 60.25% shareholding in Liquigas Limited.
Chapman Tripp is pleased to announce that it has assisted Arvida Group Limited (Arvida) on the conditional sale of all outstanding shares to Stonepeak Alps BidCo Limited, an affiliate of leading US based alternative investment firm Stonepeak which specialises in infrastructure and real estate assets. The market capitalisation implied by the transaction is $1.243m, and with debt assumed (and with core debt to be refinanced) derives a deal enterprise value of ~$2b.
We are delighted that Philip Ascroft and Luke Ford have been recognised in NZ Lawyer’s Most Influential Lawyers 2024 report.
Chapman Tripp is proud to have advised SolarZero, New Zealand’s largest provider of solar and battery systems, on its new financing model under the New Zealand Green Investment Finance Limited (NZGIF) Solar Finance Programme, providing $195 million of debt facilities under a scalable ‘split-series’ structure.
The mesh of challenges confronting the major banks in New Zealand – including the impending final report from the Commerce Commission’s market study and the upcoming select committee inquiry into banking competition – will continue to create growth opportunities through 2024 for the shadow banking sector. That is the finding of Chapman Tripp’s latest report, The banking industry: A look ahead.
Chapman Tripp is pleased to have advised Infratil on its $1.15 billion equity raising to help fund growth across its global portfolio.
Chapman Tripp is pleased to have advised Parliamentary Service on the contracts for construction of two new parliamentary buildings. The project will see the construction of two new buildings behind the Beehive, expecting to be completed in 2026.
Following regular requests for document and trial support from external firms, we have launched Digital Litigation Solutions, a team of litigation technology specialists that work for barristers and legal firms, as well as Chapman Tripp clients. Digital Litigation Solutions specialises in managing electronic and hard copy information of any volume or format, utilising leading eDiscovery, AI software and data room solutions to meet clients’ requirements. The team alone has access to client data, ensuring confidential and secure data storage and working areas.
Chapman Tripp has announced the promotion of Michael Cardy, Julia Carrington, Laura Green, Tanzam Hossain, Sarah Kettani, Hossein Mehrabi, Rachel Robilliard, Sam Steven, Conor Tinker and Lucia Tolich to Senior Associate, with effect 1 June 2024.
Chapman Tripp is the only New Zealand Law Firm to be ranked in the guide, recognising the firm’s dedicated international arbitration practice, led by partner Nicola Swan. The firm has long been acknowledged internationally as having one of New Zealand’s most distinguished litigation and dispute resolution practices.
A new report has revealed the pressure on New Zealand exporters to keep up with international expectations on sustainability, with more than 80% of New Zealand’s exports by value now going to countries with mandatory climate-related disclosures either in force or proposed.
Leading global life insurance group, Resolution Life, has entered into an agreement, through its trans-Tasman holding company, with Suncorp Group to acquire its New Zealand life insurance company, Asteron Life New Zealand.
Chapman Tripp has won two awards at the IFLR Asia-Pacific Awards, which celebrate the achievements of the financial law community.
KiwiSaver investors should have the option to benefit from an asset class that can deliver long-term value.
We are delighted that Kishan Gunatunga, Rachael Jones and Rosa McPhee have been recognised as Rising Stars by NZ Lawyer.
Chapman Tripp Senior Associate, Philip Ascroft has been appointed as an Associate Director to the board of the NZ Shareholders’ Association (NZSA).
We are thrilled to have been recognised as the New Zealand Law Firm of the Year at the 2023 KangaNews Awards; our eighth consecutive win. Our finance team were also advisers for two of the other award winners.
Chapman Tripp is delighted to announce the appointment of 12 new Senior Solicitors, effective 1 December, 2023.
Chapman Tripp is proud to have advised on four of the winning deals at this years’ New Zealand Law Awards: M&A Deal of the Year, Equity Market Deal of the Year, Mid-Market Deal of the Year and Project Finance Deal of the Year. Demonstrating the breadth of Chapman Tripp’s transactional practices, the firm also advised on ten deals that were recognised with excellence awards.
Eastland Group has sold a 50% stake in its electricity generation business to Japanese construction conglomerate Obayashi Corporation. Chapman Tripp advised long time client Eastland Group on all aspects of the sale including structuring, vendor due diligence, regulatory matters, and negotiation of transaction documentation with multiple bidders
We are delighted that Chapman Tripp Partners Rachel Dunne and Nicola Swan have been included on NZ Lawyer’s 2023 Elite Women List. The list includes 50 exceptional female leaders that have influenced the New Zealand legal profession in a way that demonstrates a passion for the law.
We are pleased to welcome a new Partner with the promotion of Kylie Mutch − a construction and major projects specialist. Since joining Chapman Tripp in 2010, Kylie has advised numerous leading New Zealand businesses, bringing a wealth of experience to large-scale construction projects across a wide variety of sectors, including infrastructure, energy, transport, health, airports and commercial. She advises on all aspects of project procurements and has particular experience with the alliance contracting model.
We are pleased to announce the promotion of Jeremy Gray to Special Counsel. Jeremy is a lawyer in our Corporate & Commercial practice, with particular expertise in mergers and acquisitions, private equity and venture capital. He advises clients on a range of matters including sale and purchase agreements, limited partnership agreements, joint venture agreements and other commercial contracts.
