News and Views
| October 2019
Deutsch Miller secures a win for Supercars
Following a favourable Supreme Court judgment in 2017, our client, V8 Supercars Holding Pty Ltd (Supercars), has successfully defended an appeal brought by Sanpoint Pty Ltd (Sanpoint). Sanpoint had previously been party to a Racing Entitlement Contract (REC) which had entitled it to run a team in the Supercars Championship.
Supercars obtained the declarations it sought from the NSW Supreme Court to the effect that Sanpoint had surrendered all of its rights and interests in the REC and that Supercars had validly sold the REC following an unsuccessful tender. Sanpoint alleged that Supercars breached the REC in the way that it conducted the tender process. Sanpoint’s cross-claim for damages was dismissed at first instance and Supercars was awarded indemnity costs. (see: https://bit.ly/2O1YsEw; https://bit.ly/2J5N23K)
The NSW Court of Appeal handed down its decision dismissing Sanpoint’s appeal with costs (see: https://bit.ly/2UEZBUm).
Deutsch Miller is proud to have assisted Supercars in achieving such positive outcomes.
EY Business Solutions acquires Bridge Business Consulting
Alistair Jaque (Partner), Simon Correggia (Special Counsel) and Sally Yang (Associate) advised the shareholders of Bridge Business Consulting on the sale of the company to EY Business Solutions. The acquisition of Bridge Business Consulting will enable EY Business Solutions to build out and strengthen their data and analytics capability.
ASSA ABLOY acquires D&D Technologies in Australia
Paul Miller (Partner), Simon Correggia (Special Counsel), Antony Bull (Senior Associate) and Steven An (Associate) acted for the shareholders of D&D Technologies, a leading designer and manufacturer of premium gate hardware, based in Australia on its acquisition by ASSA ABLOY Opening Solutions, a leader in entrance automation, control and access solutions. D&D Technologies is Internationally renowned for their ground-breaking MagnaLatch® magnetic child safety gate latch for swimming pool and other child safety gates.