|
Report Date : |
03.10.2013 |
IDENTIFICATION DETAILS
|
Name : |
MALOCH PTY.
LTD. |
|
|
|
|
Registered Office : |
Level 7, 140
William Street Melbourne Victoria 3000 |
|
|
|
|
Country : |
Australia |
|
|
|
|
Financials (as on) : |
30.06.2013 |
|
|
|
|
Date of Incorporation : |
30.09.1977 |
|
|
|
|
Legal Form : |
Australian
Proprietary Company |
|
|
|
|
Line of Business : |
Subject
provides premium legal services to corporations, businesses and governments. |
|
|
|
|
No. of Employees : |
450 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No complaints |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Australia |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
AUSTRALIA - ECONOMIC
OVERVIEW
The Australian economy has experienced continuous growth and
features low unemployment, contained inflation, very low public debt, and a strong
and stable financial system. By 2012, Australia had experienced more than 20
years of continued economic growth, averaging 3.5% a year. Demand for resources
and energy from Asia and especially China has grown rapidly, creating a channel
for resources investments and growth in commodity exports. The high Australian
dollar has hurt the manufacturing sector, while the services sector is the
largest part of the Australian economy, accounting for about 70% of GDP and 75%
of jobs. Australia was comparatively unaffected by the global financial crisis
as the banking system has remained strong and inflation is under control.
Australia has benefited from a dramatic surge in its terms of trade in recent
years, stemming from rising global commodity prices. Australia is a significant
exporter of natural resources, energy, and food. Australia's abundant and
diverse natural resources attract high levels of foreign investment and include
extensive reserves of coal, iron, copper, gold, natural gas, uranium, and renewable
energy sources. A series of major investments, such as the US$40 billion Gorgon
Liquid Natural Gas project, will significantly expand the resources sector.
Australia is an open market with minimal restrictions on imports of goods and
services. The process of opening up has increased productivity, stimulated
growth, and made the economy more flexible and dynamic. Australia plays an
active role in the World Trade Organization, APEC, the G20, and other trade
forums. Australia has bilateral free trade agreements (FTAs) with Chile,
Malaysia, New Zealand, Singapore, Thailand, and the US, has a regional FTA with
ASEAN and New Zealand, is negotiating agreements with China, India, Indonesia,
Japan, and the Republic of Korea, as well as with its Pacific neighbors and the
Gulf Cooperation Council countries, and is also working on the Trans-Pacific
Partnership Agreement with Brunei Darussalam, Canada, Chile, Malaysia, Mexico,
New Zealand, Peru, Singapore, the US, and Vietnam
Source
: CIA
Verified Address
Subject name :
MALOCH PTY. LTD.
Other style /
Business name : MADDOCKS / MADDOCKS
LAWYERS
Business
address : Level 7, 140
William Street
Town : Melbourne
Province : Victoria
Zip/postal
code : 3000
Country : Australia
Tel : +61 3
92583555
Fax : +61 3
92583666
Email : info@maddocks.com.au
/ david.rennick@maddocks.com.au
Website : www.maddocks.com.au
Registered
address : Level 7, 140
William Street
Town : Melbourne
Province : Victoria
Zip/postal
code : 3000
Country : Australia
Executive Summary
Date founded
or registered : 30/09/1977
Legal form : Australian
Proprietary Company
Chief
executive : David
Ian Rennick
Issued &
paid up capital : AUD
2
Sales turnover
: AUD
116,000,000 (Estimated Non-Consolidated 12 months, 30/06/2013)
Line of
business : Law
firm.
Staff employed
: 450
employees
Country risk :
Country risk
is minimal
Operation
trend : Operational
trend is steady
Management experience
: Management is adequately
experienced
Financial
performance : Financial
performance is good
Organization
structure : Organizational
structure is stable
Detrimental : No
detrimental records found
Payment
history : No payment
delays noted
Credit amount
asked : Not described.
Registry Data
Registration
date : 30/09/1977
Legal form : Australian
Proprietary Company
Registration
no Australian Company Number: 005387100
Registered
authority : Australian
Securities and Investments Commission
Fiscal/ Tax no
: Australian
Business Number: 63478951337
Registry
status : Live/Active
Previous name
: None
reported.
Change of
legal form : None
reported.
Key Management
Name : David Ian Rennick
Designation : Chief Executive Officer
Name : Catherine Saliba
Designation : Chief Financial Officer
Appointments
Name : Geoffrey Musgrove
Designation : Director
Appointment date
: 14/11/90
Address : 25 Hopetoun Parade
Box Hill, VIC 3128
Australia
Biography : Born on 26/10/1954 in Kew,
Victoria, Australia.
Geoff Musgrove is a partner in the Maddocks Commercial team. His
principal areas of practice are private client services, succession
planning, commercial contracts, mergers, acquisitions and disposals,
joint ventures, intellectual property, corporate law, business
restructuring, insolvency, franchising and information technology law.
Geoff is a former chairman of Maddocks (2011-2013).
Geoff acts for a wide range of commercial, government, accounting,
manufacturing, professional and rural industry clients. He advises
them on contract negotiations, acquisitions, disposals, joint
ventures,
partnerships, shareholder disputes, business succession planning
and personal succession planning, wills and estates, superannuation,
company and trust formations, reconstructions, insolvency, asset
protection strategies, amalgamations, commercial litigation, computer
contracts, franchise agreements, intellectual property, commercial
property transactions and tax planning.
Geoff has also been involved in the establishment of ADVOC Asia, a
consortium of Asian-based law firms. Geoff provides advice to our
clients forming business relationships in the Asian region and to
overseas clients doing business in Australia.
Name : David Ian Rennick
Designation : Director
Appointment
date : 05/09/97
Address : 4 Aroha Crescent
Camberwell, VIC 3124
Australia
Biography : Born on 26/09/1962 in
Melbourne, Victoria, Australia.
David Ian Rennick is Maddocks' CEO. David has played a leading
role in the growth and development of Maddocks in both Melbourne
and Sydney in his capacity as a partner in the Property group since
1995 and as a Maddocks Board member.
Name : Philip Grant Jones
Designation : Director
Appointment
date : 30/09/94
Address : 502 Burke Road
Camberwell, VIC 3124
Australia
Biography : Born on 25/04/1954 in
Melbourne, Victoria, Australia.
Philip is recognised as one of the most experienced insolvency
lawyers in Melbourne, providing clients a broad range of commercial
and financial experience. He has over 30 years' experience within
insolvency and business reconstruction having acted for financial
institutions, insolvency practitioners and company directors, dealing
with the complexities created by parties confronting financial
distress.
Commerciality and practical outcomes are the key notes to his
practice. Philip's experience extends to extensive involvement in
acting for banks, financial institutions and insolvency practitioners
in
the last major recession during the late 1980s and early 1990s. His
expertise and experience ensures that the insolvency Group at
Maddocks is a comprehensive and well-resourced facility capable of
addressing all of the challenges presented in the area of insolvency
and reconstruction.
Name : Gregory James Campbell
Designation : Director
Appointment
date : 01/07/96
Address : 4 Kerferd Street
Malvern East, VIC 3145
Australia
Biography : Born on 15/10/1956 in
Melbourne, Victoria, Australia.
Greg is a partner and the National Infrastructure Sector Leader. He
has practiced as a lawyer in the area of construction and major
projects for over 22 years. His key areas of practice are construction
and engineering law, procurement of major construction projects for
public/private sectors, PPP and BOOT projects, construction dispute
resolution and building and construction industry legislation and
regulation.
Greg acts for State government departments, statutory authorities
and local government authorities, contractors and developers.
Name : Ian David Laidlaw
Designation : Director
Appointment
date : 03/07/89
Address : 8 The Vaucluse
Richmond, VIC 3121
Australia
Biography : Born on 02/12/1949 in Ararat,
Victoria, Australia.
With an emphasis on commercial litigation and insurance, David has
been involved in many high profile, large scale litigation matters,
ASX
and ASIC enquiries. He brings a strategic, no-nonsense approach to
managing and resolving clients' commercial issues and disputes, by
establishing early clarity around client objectives and taking steps
designed to deliver optimal practical outcomes.
In his professional career, David has been involved with a wide range
of high profile, large-scale corporate, contract and tort litigation
claims. David's major disputes experience includes acting for major
corporations in civil suits against former directors, international
commercial disputes and complex litigation against major banks
arising from third party frauds.
Name : Leigh Damian Baring
Designation : Director
Appointment
date : 02/10/98
Address : 3 Morrison Court
Mont Albert North, VIC 3129
Australia
Biography : Born on 31/12/1966 in
Rutherglen, Victoria, Australia.
Leigh has extensive experience in advising Australian and
multinational companies, high net worth individuals, accountants and
financial advisers on all areas of taxation law. Leigh regularly
provides advice on structuring of businesses and transactions,
mergers and acquisitions, corporate reorganisations and distributions,
sale of businesses, demergers, capital raisings, joint ventures and
property developments, international tax (both inbound and
outbound), succession planning and liquidations. His advice covers
both direct and indirect tax considerations.
Leigh is commercially focused and results driven. He specialises in
applying his broad experience and strong technical knowledge to
provide practical and strategic business structuring advice and
innovative solutions to complex revenue and strategy problems.
Throughout his career, Leigh has been at the forefront in developing
tax-effective corporate, trust and superannuation structures.
Name : Jonathan George Ambler
Designation : Director
Appointment
date : 01/12/03
Address : 8 Gellibrand Street
Kew, VIC 3101
Australia
Biography : Born on 17/07/1962 in United
Kingdom.
Jonathan heads Maddocks' Mergers and Acquisitions and Private
Equity teams and is a specialist in corporate, securities and
financial
services law.
Jonathan has over 20 years' experience advising companies and
fund managers on capital raisings, corporate transactions and
investments.
Name : Mark Richard Hayes
Designation : Director
Appointment
date : 30/09/94
Address : 103 Roslyn Street
Brighton, VIC 3186
Australia
Biography : Born on 20/03/1959 in Kyabram,
Victoria, Australia.
Mark is an acknowledged authority on the legislation and common
law principles peculiar to local government and has a more general
expertise in the areas of administrative law, contract law and the law
of torts. He has been involved in a number of landmark cases and
has been at the forefront in advising Victorian councils on issues
arising from the post-restructuring environment.
Name : Terence George
Montebello
Designation : Director
Appointment
date : 01/12/03
Address : 10 Amberley Way
Lower Plenty, VIC 3093
Australia
Biography : Born on 08/06/1963 in
Melbourne, Victoria, Australia.
Terry specialises in planning law. He is an accredited expert in the
areas of environment land and planning law and local government
law and has been since October 1993. He has practiced in the area
of planning law for over 20 years.
Name : David Charles Newman
Designation : Director
Appointment
date : 30/08/05
Address : 107
Wellington Street
Kew, VIC 3101
Australia
Biography : Born on 04/01/1970 in
Numurkah, Victoria, Australia.
David acts on behalf of insolvency practitioners and secured lenders
in all aspects of corporate insolvency and security enforcement. He
advises companies and directors in relation to their duties and
obligations, particularly when a company is facing insolvency. David
also represents clients in civil and criminal proceedings commenced
by the Australian Securities and Investments Commission (ASIC).
An experienced litigation and commercial lawyer, David's clients
benefit from his practical and commercial approach to asset
realisation and dispute resolution. Through his association with peak
industry bodies, David keeps abreast of developments in his area of
practice and is often asked to address clients and insolvency
professionals.
Name : Eustathios Kondilios
Designation : Director
Appointment
date : 01/07/06
Address : 13 Cleland Street
Mascot, NSW 2020
Australia
Biography : Born on 15/08/1971 in Sydney,
New South Wales, Australia.
Name : Kevin Patrick Phelan
Designation : Director
Appointment
date : 01/07/06
Address : 2 Queen Street
Footscray, VIC 3011
Australia
Biography : Born on 20/06/1961 in
Melbourne, Victoria, Australia.
Kevin is a senior commercial lawyer with experience in large scale
government projects and high value private sector transactions.
Kevin has provided strategic advice to the State of Victoria
(including
at ministerial and department head levels) regarding a number of the
highest value projects undertaken in recent years and is recognised
by his clients as a leading adviser in relation to government
procurement. In the private sector he regularly advises clients in
relation to sales of companies and businesses, corporate
restructuring and commercial contracts and transactions.
Name : Guy Phillip Gerard
O'Connor
Designation : Director and Company Secretary
Appointment
date : 06/07/90
Address : 38 Chrystobel Crescent
Hawthorn, VIC 3122
Australia
Biography : Born on 23/04/1960 in
Korumburra, Victoria, Australia.
A partner in our Property group since 1989, Guy has been involved in
the acquisition, sale, development and leasing of CBD office
buildings, retail shopping centres, hotels and tourism developments,
industrial complexes, rural properties and 'off the plan' residential
units.
In advising on these transactions, Guy has conducted due diligence
processes on behalf of potential purchasers, and has co-ordinated
multi-disciplinary teams covering all aspects of pre-purchase
investigations.
His clients include institutions, government authorities, councils and
corporate and individual investors. He acts for numerous foreign
investors and advises them on the commercial and property aspects
of their investments in Australia.
Name : John Rantino
Designation : Director
Appointment
date : 01/12/03
Address : 38 Como Street
Alphington, VIC 3078
Australia
Biography : Born on 28/08/1957 in
Melbourne, Victoria, Australia.
John is a partner in the Planning & Environment Group. John has
been a lawyer for over 25 years, most of that time acting on behalf of
state government, statutory authorities and local government This
includes representing clients and advising on all manner of planning
issues – including appearing before the Victorian Civil and
Administrative Tribunal and other Tribunals and Panels. In
governance, John is highly regarded for his work in electronic gaming
applications, rating and valuations matters, National Competition
Policy and trade practice compliance and prosecutions.
Name : Marine Anne Nincevic
Designation : Director
Appointment
date : 03/02/09
Address : 14 Cambridge Street
Hawthorn East, VIC 3123
Australia
Biography : Born on 06/10/1971 in
Melbourne, Victoria, Australia.
Marine has over 15 years' experience in acting for the government
sector (commonwealth government, state government, local
government and statutory authorities), in all areas of commercial
property transactions. Her clients also include corporates, developers
and investors.
Name : Michelle Elizabeth
Dixon
Designation : Director
Appointment
date : 03/02/09
Address : 16 Bendigo Avenue
Elwood, VIC 3184
Australia
Biography : Born on 13/04/1971 in Mount Gambier, South Australia,
Australia.
Michelle leads Maddocks' commercial litigation team. She has
worked in a wide range of disputes including corporations,
competition claims, trusts disputes, property and contract related
litigation. She has also acted in a number of disputes involving
administrative and constitutional law issues.
Michelle has acted in proceedings before both State and Federal
Courts, the High Court, before specialist tribunals, in Royal
Commissions and in a range of arbitrations. She regularly acts in
matters involving injunction hearings, including for search and
freezing orders. She has acted in class actions for both the class of
represented persons and the defendant, and conducted large scale
litigation employing advanced computer technology.
Her experience spans across both private sector companies, as well
as public sector clients, including government departments,
state-owned businesses and statutory authorities. Michelle has also
undertaken investigations for corporations in connection with possible
breaches of directors' duties, and implemented corporate Trade
Practices Compliance Programs for corporations, including the
delivery of training and the ongoing review of advertising and
promotional material.
Name : Maria Veronica
Marshall
Designation : Director
Appointment
date : 03/02/09
Address : 580 Canning Street
Carlton North, VIC 3054
Australia
Biography : Born on 06/08/1969 in
Melbourne, Victoria, Australia.
Maria is an experienced advocate in the Planning and Environment
jurisdiction, appearing both in VCAT matters and before Planning
Panels Victoria. She has developed an expertise in large EES
matters through working on the hazardous waste facility case in
Mildura, a boat ramp facility in East Gippsland and the desalination
plant in Wonthaggi. Maria worked for three years as a senior policy
adviser to John Thwaites, MLA, Victorian Minister for Health and
Minister for planning from 2000 - 2003. In May 2012, Maria was made
a Fellow of the Victorian Planning and Environmental Law
Association.
Name : Peter John Shaw
Designation : Director
Appointment
date : 03/02/09
Address : 86 Kenneth Street
Longueville, NSW 2066
Australia
Biography : Born on 22/07/1967 in Sydney,
New South Wales, Australia.
Peter has led the Maddocks Commercial team in Sydney since mid
2007. Prior to working at Maddocks he was an equity partner at
Clayton Utz in the Corporate Group.
Peter has a background in Sciences as well as Law and an MBA
giving him broad experience across a number of fields and an ability
to work well in (and where needed direct or lead) multi-disciplinary
teams drawing on his experience across a wide range of market
sectors to co-ordinate resources to find acceptable commercial
solutions to corporate/commercial legal issues.
Name : Mark Stephen Henry
Designation : Director
Appointment
date : 03/07/89
Address : Unit 5, 57 Elizabeth Street
Melbourne, VIC 3000
Australia
Biography : Born on 19/09/1957 in
Melbourne, Victoria, Australia.
Mark has almost 30 years professional experience. Mark leads
Maddocks' Government Group and in this role he has developed an
extensive knowledge of the operation of Government. He works with
the concepts of administrative law in its broadest form, examining the
way in which the power devolves from Government and its methods
of implementation and is frequently called upon to advise on
concepts of natural justice and whether government proposals are
within power.
He has been acknowledged by his client base for his focus,
commercial solutions and understanding of business in Legal
Profiles, a former client guide to Australian law firms and was rated
as one of the four best Government Lawyers in Victoria in The
Australian Financial Review Australia's Best Lawyer Survey
published in The Australian Financial Review in March 2011.
Name : Ross Kingsley Jackson
Designation : Director
Appointment
date : 06/07/90
Address : 7 Dean Street
Kew, VIC 3101
Australia
Biography : Born on 27/12/1960 in
Melbourne, Victoria, Australia.
Ross Jackson is national head of Maddocks Employment, Safety &
People practice and has been a partner of the firm for over 22 years.
Ross acts for public and private sector organisations in all
employment-related matters including strategic workplace relations
and human resource management issues, terminations and
anti-discrimination claims, occupational health and safety matters and
negotiation and drafting of individual and collective employment
agreements.
Ross appears regularly as an advocate before the courts and federal
and state employment and anti-discrimination Commissions and
Tribunals. He is known for his particular expertise in public sector
industry matters. He has successfully represented employers
including the State of Victoria, in each of these jurisdictions.
Clients
include major State and Federal Government departments, statutory
authorities and both public and private companies.
Name : Carmen Macelwain
Designation : Director
Appointment
date : 01/01/04
Address : 12 Uplands Road
Chirnside Park, VIC 3116
Australia
Biography : Born on 27/09/1959 in
Melbourne, Victoria, Australia.
Prior to joining private legal practice, Carmen was a Deputy Director
with the Australian Government Solicitor (AGS) where she headed
the Melbourne tax practice and was responsible for managing the
Australian Taxation Office (ATO)'s client relationship nationally.
During this time Carmen was responsible for managing complex and
significant cases for the ATO in the Federal and High Courts many of
which are now part of the framework for taxation law in Australia.
Prior to joining Maddocks, Carmen was a partner with
PricewaterhouseCoopers Legal where she was leader of the national
Tax Litigation/Dispute Resolution practice. Carmen instigated the
practice of strategically managing Co-operative Compliance Reviews
and Audits. She also provided advice and representation in response
to the ATO exercising its access powers.
Carmen was ranked in Chambers Global 2011/12, an international
client guide to law firms where rankings are based on peer
assessment and client interviews, for the 'firm but fair" manner
in
which she exploits her "excellent technical knowledge" and
understanding of the workings of the ATO to "provide immeasurable
value" to clients.
Name : James David Smart
Designation : Director
Appointment
date : 03/02/09
Address : 1538 High Street
Glen Iris, VIC 3146
Australia
Biography : Born on 18/12/1968 in Geelong,
Victoria, Australia.
James is a partner in Regulatory and Administrative Law team and in
the Fire and Emergency Services team at Maddocks. He provides a
broad range of commercial and administrative law advice to
government departments and statutory authorities. James has
drafted and negotiated a large number of significant contracts on
behalf of government. He regularly provides practical and strategic
advice about tendering and procurement issues, managing
contractual performance and the resolution of contractual disputes.
James also advises his clients on compliance with legislation.
Name : Peter Poulos
Designation : Director
Appointment
date : 01/01/04
Address : Unit 75, 2 Coulson Street
Erskineville, NSW 2043
Australia
Biography : Born on 14/07/1954 in
Gilgandra, New South Wales, Australia.
Prior to entering private practice, Peter headed the Sydney tax
practice of the Australian Government Solicitor, and has extensive
experience in the conduct or supervision of matters involving ATO
compliance risk reviews, audits, tax recovery, administrative law
challenges to ATO decisions and tax litigation. In private practice,
Peter's experience includes advising in relation to ATO inquiries and
audits, particularly in relation to income tax and GST and tax
litigation
in a number of major tax disputes in the Federal and High Courts.
Peter is a member of the ATO Test Case Litigation Panel. He is able
to use his extensive experience to assist clients to strategically
manage tax disputes, including managing their relationship with the
ATO. In addition, his experience and expertise in tax litigation
matters
enables him to develop appropriate strategies and conduct matters
effectively and efficiently.
Name : Bronwyn Louise Badcock
Designation : Director
Appointment
date : 03/10/11
Address : 5 Taleeban Road
Riverview, NSW 2066
Australia
Biography : Born on 12/03/1974 in
Blacktown, New South Wales, Australia.
Bronwyn advises corporate and government clients on all aspects of
commercial property. Her role includes acting on the sale and
purchase of properties, advising land owners, developers and tenants
on development and leasing transactions and acting for financiers
and borrowers on property finance transactions. Bronwyn also has
extensive experience in undertaking property due diligence
investigations in connection with a range of corporate and real estate
transactions.
Name : Karl Trevor Blake
Designation : Director
Appointment
date : 03/10/11
Address : 3 Station Street
Hawthorn East, VIC 3123
Australia
Biography : Born on 23/08/1973 in
Melbourne, Victoria, Australia.
Karl is a leading practitioner in the area of industrial relations and
employment law. He also leads our Melbourne Employment team.
Karl assists clients to deal with all workplace matters including in
the
areas of industrial relations disputes, enterprise bargaining,
employment litigation, contract and policy documentation,
discrimination and occupational health and safety. He has a wealth of
experience in dealing with employment issues arising during
contracting out and outsourcing situations.
Karl is a highly experienced litigator and strategist who has acted in
a
number of high profile cases, including those dealing with the making
of workplace determinations, industrial action, disclosure of
confidential information, content of enterprise agreements and union
coverage. He provides timely and practical solutions for clients and
is
recognised for the calm and focussed approach he brings to client
service.
Name : Lisa Chung
Designation : Director
Appointment
date : 03/10/11
Address : 65 Cross Street
Double Bay, NSW 2028
Australia
Biography : Born on 14/11/1960 in Hobart,
Tasmania, Australia.
Lisa has over 25 years' experience in a wide range of commercial
property transactions acting for major government and corporate
clients. Her areas of expertise include sales and acquisitions of
industrial and commercial real estate, commercial leasing, real estate
development and the real estate aspects of infrastructure projects.
Name : Brendan Michael Coady
Designation : Director
Appointment
date : 03/10/11
Address : 29 Inverallan Avenue
West Pymble, NSW 2073
Australia
Biography : Born on 17/02/1968 in Sydney,
New South Wales, Australia.
Brendan has more than 15 years' experience as a commercial lawyer
and his practice focuses on the areas of intellectual property,
technology and telecommunications.
Name : Catherine Mary
Elizabeth Dunlop
Designation : Director
Appointment
date : 03/10/11
Address : 6 Bell Street
Fitzroy, VIC 3065
Australia
Biography : Born on 08/06/1972 in
Brisbane, Queensland, Australia.
Catherine is one of Australia's leading lawyers in the areas of
WH&S
(Work Health & Safety) and inquiries. She leads the safety team at
Maddocks and works with clients on all aspects of safety work from
training, policy review, bullying investigations and crisis
preparation to
incident response and representation during investigations and
prosecutions. She has acted for private and public sector clients in
relation to a wide range of work related incidents involving serious
injuries and fatalities
Catherine acts for clients in employment-related matters including
bullying, discrimination, harassment, misconduct, Whistleblower
investigations and breaches of codes of conduct, managing ill and
injured employees and terminations.
Catherine is one of Australia's most experienced lawyers in coronial
inquiries and inquiries. She led a large team acting for the for the
Country Fire Authority (CFA) in the Victorian Bushfires Royal
Commission.
She has also acted for clients in other Royal Commissions, in
inquiries into corruption and improper conduct, in internal government
inquiries and in coronial inquests involving industrial deaths,
emergency incidents, drownings, sporting incidents, police shootings,
rail crashes, building collapses and deaths of those in care.
Catherine's background in administrative law means she brings a
broad knowledge of administrative law and statutory interpretation,
privacy law, work for public sector clients. With extensive experience
in providing incident response advice, Catherine can provide
assistance to both public and private sector clients in dealing with
police and other investigative authorities, and working with media and
reputation advisers.
Catherine is renowned as a trainer and provides in-house training for
a wide range of private and public sector clients on safety,
addressing bullying and discrimination, legal compliance,
employment law and legal crisis management.
Name : Bruce James Heddle
Designation : Director
Appointment
date : 03/10/11
Address : 21 Robinson Street
Chatswood, NSW 2067
Australia
Biography : Born on 02/10/1964 in Sydney,
New South Wales, Australia.
Bruce is also regarded as one of Australia's leading employment and
industrial relations litigators, with considerable experience in
managing large disputes in both courts and industrial tribunals. His
experience ensures a commercial and practical approach to his legal
advice. He advises clients on all aspects of employment,
occupational health and safety, anti-discrimination and industrial
relations law. Bruce has acted for clients in industries including
transport, energy, mining, construction, education, financial
services,
insurance, telecommunications, health and manufacturing.
He has a strong background in occupational health and safety and
equal opportunity, providing both strategic and contractual advice.
He has also conducted audits and training for boards and senior
management, and carried out investigations into health and safety
incidents, complaints made by employees and disciplinary matters.
Name : Nicholas Francois
Holuigue
Designation : Director
Appointment
date : 03/10/11
Address : 42 Cromwell Road
South Yarra, VIC 3141
Australia
Biography : Born on 23/09/1971 in
Melbourne, Victoria, Australia.
Nick has extensive experience in advising on a myriad of real estate
transactions. He acts for developers (listed companies and private),
financial institutions, vendors, purchasers, landlords and tenants.
Nick has wide experience in off-the-plan residential and industrial
developments in and around Melbourne from acquisition,
documenting agreements with land owners and/or joint ventures
through to master planned community structuring and delivery of
subdivisions and sales.
Name : Patrick Nicholas
Ibbotson
Designation : Director
Appointment
date : 03/10/11
Address : 26 Katina Street
Turramurra, NSW 2074
Australia
Biography : Born on 24/07/1962 in Farnham,
United Kingdom.
Patrick has specialised in development and environmental issues
since 1988 and has worked extensively with infrastructure and
redevelopment projects, disposal and management of former
industrial sites, remediation and compliance issues, dispute
resolution, land access, local government issues and planning law,
climate change and environmental law.
He works with Commonwealth, State and local government agencies
and corporations as well as Australian and international private
sector
corporations. His experience acting for both the public and private
sector brings his clients an understanding of the multiple
perspectives
that are often necessary to efficiently resolve and manage
infrastructure, development and environmental issues.
Name : Ian Michael Johns
Designation : Director
Appointment
date : 03/10/11
Address : 26 Athol Street
Prahran, VIC 3181
Australia
Biography : Born on 12/10/1965 in Geelong,
Victoria, Australia.
Michael is a Partner in the insolvency
and restructuring team at
Maddocks. His practice focuses on restructuring and insolvency
(including commercial advice and conducting insolvency and
securities enforcement litigation).
As well as a range of insolvency practitioners, he acts for secured
lenders, including ANZ Bank, Commonwealth Bank, Bendigo and
Adelaide Bank Ltd, and also a well-known franchisor (as a secured
creditor) in securities enforcement and recovery.
In 2008 and 2009 Michael has undertaken secondments with ANZ
Corporate Portfolio Management and ANZ Lending Services
(Institutional). During those secondments, he had involvement in a
range of recovery and strategic work-out matters including aspects of
Centro, Opes Prime and Great Southern.
Name : Paul Benedict Woods
Designation : Director
Appointment
date : 03/10/11
Address : 73 Union Road
Surrey Hills, VIC 3127
Australia
Biography : Born on 22/04/1972 in
Yarrawonga, Victoria, Australia.
Paul is a construction and infrastructure lawyer and leads the
Construction & Development team in our Melbourne office. Paul
advises a range of participants in the infrastructure sector on the
preparation and negotiation of project documents. He advises on the
resolution of complex disputes in relation to design, performance,
construction and commissioning of construction and infrastructure
projects, with an emphasis on identifying early opportunities for
commercial resolution of disputes.
Paul acts for government, private developers, major infrastructure
contractors, specialist subcontractors and consultants. He is also a
lecturer in construction law in the Master of Laws course at Monash
University.
Name : Simonetta Maria Astolfi
Designation : Director
Appointment
date : 16/05/12
Address : 53 Skinner Street
Cook, ACT 2614
Australia
Biography : Born on 23/03/1967 in
Canberra, Australian Capital Territory,
Australia.
Simonetta is Partner-in-Charge of the Maddocks Canberra office.
Simonetta advises Commonwealth Government clients primarily as
well as private sector clients. Her practice covers corporate,
governance, commercial, FOI, statutory interpretation, administrative
law and regulatory decision-making, procurement and probity.
Simonetta regularly advises Commonwealth Government clients on
their accountability framework under the Financial Management and
Accountability Act 1997 (Cth) and the Commonwealth Authorities and
Companies Act 1997 (Cth) as applicable.
As a partner with a previous firm, Simonetta managed the Corporate
Legal Unit for the Department of Agriculture, Fisheries and Forestry
and effectively acted as the Department's General Counsel for more
than three years. Before joining Maddocks, Simonetta was a partner
at Blake Dawson (now Ashurst), worked for the Australian
Government Solicitor and was an associate/tipstaff to Justice
Brennan of the High Court of Australia.
Name : Christopher
John Kinsella
Designation : Director
Appointment
date : 06/09/12
Address : 50 Middle Harbour Road
Lindfield, NSW 2070
Australia
Biography : Born on 05/01/1960 in Sydney,
New South Wales, Australia.
Chris has more than 25 years' experience consulting to leading
Australian corporates and financial institutions on Australian income
tax matters, including tax reviews, tax audits and tax disputes.
Chris's principle focus is assisting clients with potential and actual
tax
disputes with the Commissioner of Taxation, and advising clients on
their taxation affairs. He has broad experience in all areas of
taxation
law including tax disputes, tax consolidation, CGT, tax losses,
structuring of M&A transactions, financing transactions, TOFA,
complex audit matters, corporate re-organisations, capital raisings,
hybrid instruments, cross-border advice on financing arrangements,
and the tax anti-avoidance provisions.
Prior to joining Maddocks, Chris was a senior tax partner with a Big 4
accountancy firm for many years, and the partner in charge of the
financial services tax group of that firm for six years.
In addition to being a lawyer, Chris is a qualified chartered
accountant. Internationally, he has practised in London and
Singapore.
Comments : Other Directors:
Name: Ronald William Smooker
Designation: Director
Appointment
date: 06-09-2012
Address: 72 Victoria Street,
Williamstown, VIC 3016, Australia
Biography: Born on 27/03/1964 in
Korumburra, Victoria, Australia.
Ron has over 20 years' experience of corporate, commercial and
financing law. He has
been involved in many of Australia’s largest and most complex merger
and acquisitions,
and is recognised as a leading adviser on transactions involving
complex structuring.
Ron has acted on various commercial matters for a range of listed and
unlisted
companies in connection with joint ventures, long-term contracting and
other commercial
arrangements. He has also acted for borrowers in relation to the
financing of a number
of projects.
Prior to joining Maddocks, Ron was a partner at Clayton Utz for 14
years. He has
advised clients from a wide range of industries including transport
and logistics, mining,
consulting, energy and resources, property, and media and
entertainment.
Name: Bronwyn Joan Weir
Designation: Director
Appointment
date: 06-09-2012
Address: 8 Margate Street,
Beaumaris, VIC 3193, Australia
Biography: Born on 11/04/1972 in Wagga
Wagga, New South Wales, Australia.
Name: Damien Paul Wurzel
Designation: Director
Appointment
date: 06-09-2012
Address: 27 Maitland Street, Glen
Iris, VIC 3146, Australia
Biography: Born on 09/07/1975 in
Melbourne, Victoria, Australia.
Damien specialises in M&A transactions (public and private) and
provides advisory
services across various industries including health, manufacturing,
wholesaling, property
and construction.
He has a deep knowledge of the pharmaceutical supply chain and
regulatory overlays
and is recognised by clients, government, financiers and other
stakeholders as a leading
adviser to the industry.
A large part of Damien's client roster also involves acting for EU
based funds and other
organisations, who seek him out to represent their interests in the
region.
Damien is highly regarded by his clients for his technical competence,
commercial
acumen and his ability to project manage complex commercial projects.
Damien is a regular presenter on issues relevant to the pharmaceutical
supply chain.
His insights are widely sought including most recently in a briefing
of industry experts to
the chief economist of a major Australian financial institution on the
PBS reforms and
associated issues.
Staff employed
: 450 employees
Composition
Authorized
Capital : AUD 2
No of shares :
2 Ordinary Shares
Share par
value : AUD 1
Issued capital
: AUD 2
Paid up
capital : AUD 2
How listed : Full List
Composition
Shareholder
name : Ian David Laidlaw
Address : 8 The Vaucluse
Richmond, VIC 3121
Australia
No. of shares
: 1 Ordinary Share
% of shares : 50%
Shareholder
name : Guy Phillip Gerard O'Connor
Address : 38 Chrystobel Crescent
Hawthorn, VIC 3122
Australia
No. of shares
: 1 Ordinary Share
% of shares : 50%
Structure
Related
companies and corporate
affiliations
comments: None
reported.
Bank Details
Name of bank : National
Australia Bank Limited
Address : Australia
Account
details : Current Account
Comments : It is generally not the policy
of local banks to provide credit status information to
non related parties, however interested parties would be advised to
consult first
with the Subject if banker's references are required.
Mortgages : None reported.
Legal Fillings
Bankruptcy
fillings : None reported.
Court
judgements : None reported.
Tax liens : None reported.
Others : None reported.
Description
Source of
financial statement : External
Sources
Financial
statement date :
30/06/13
Type of
accounts : Estimated
key figures
Currency : Australia
Dollar (AUD)
Exchange rate
: 1
USD = AUD 1.07 as of 30-09-2013
Summarized Financial Information
Consolidation
type : Non Consolidated
Non Consolidated Non Consolidated
Currency : Australia Dollar
(AUD) Australia Dollar (AUD) Australia Dollar (AUD)
Denomination : (x1) One (x1) One
(x1) One
Date of
financial year end : 30/06/13
30/06/12 30/06/11
Length of
accounts : 12 months 12
months 12 months
Sale turnover
/ Income : 116,000,000
113,500,000 101,000,000
Comments : The Subject is classified
as a small proprietary company by the Australian
Securities & Investments Commission hence is not required to
disclose their
financial statement.
A proprietary company is defined as
small for a financial year if it satisfies at least
two of the following:
- The consolidated revenue for the financial year of the company and
any entities
it controls is less than $25 million;
-The value of the consolidated gross assets at the end of the
financial year of the
company and any entities it controls is less than $12.5 million, and
-The company and any entities it controls have fewer than 50 employees
at the
end of the financial year.
The Subject meets all criteria to reveal their financial information
however is still
exempted from filling their financial information by the Government of
Australia.
Main
activities : The Subject
provides premium legal services to corporations, businesses
and governments throughout Australia and internationally from offices
in
Canberra, Melbourne and Sydney.
The Subject focusses on government work, infrastructure and financial
services and is ranked as one of Australia's top twenty law firms.
Product & services : Legal consultancy and services
Brand : MADDOCKS
MADDOCKS LAWYERS
Purchases
Local : None reported.
International
: None reported.
Sales
Local : Yes
International
: The Subject provides its
Australian legal services to clients worldwide.
History : Established in 1885, Maddocks dates from the boom years of
the late 19th
century when gold brought prosperity and architectural grandeur to
Melbourne.
Joe Maddock and Arthur Johnson founded the firm on 1 August 1885 at
the
height of Melbourne’s land boom as a small legal partnership servicing
clients from an office on the corner of Collins and Queen Streets.
For much of the twentieth century it was dominated by two families –
the
Lonies and Chisholms – and was known as Maddock Lonie & Chisholm
from 1940. Lyston Chisholm's son Don Chisholm OAM still works at the
firm in the Private Clients practice.
The firm survived the depression of the 1930s and the mergers of the
1980s to reposition itself in the 1990s as a modern and sophisticated
law
practice which, in 2002, expanded to Sydney and by then numbered 200
people. In February 2012, Maddocks opened the Canberra office to
service
the growing list of Commonwealth clients.
Property & Assets
Premises : The Subject operates from the
verified heading address consisting of an
administrative office.
Branches : In addition, the Subject operates
from the following branches located at:
Level 1, 40 MacQuarie Street
Barton, ACT 2600
Australia
Tel: +61 2 61204800
Fax: +61 2 62301479
Level 27, Angel Place
123 Pitt Street
Sydney, NSW 2000
Australia
Tel: +61 2 92916100
Fax: +61 2 92210872
Gross Domestic Products (GDP) &
Economic Overview
Central bank :
Reserve
Bank of Australia
Reserve of
foreign exchange & gold : US$
46.714 billion
Gross domestic
product - GDP : US$ 1.586
trillion
GPP (Purchasing
power parity) : 954.296 billion
of International dollars
GDP per capita
- current prices : US$ 68,916
GDP -
composition by sector : agriculture:
4%
industry: 25.6%
services: 70.4%
Inflation : 2010: 2.8%
2011: 3.4%
2012: 2.7%
Unemployment rate
: 2010: 5.2%
2011: 5.1%
2012: 5.2%
Public debt
(General
Government gross debt as
a % GDP) : 2010:
20.4%
2011: 22.9%
2012: 24%
Government
bond ratings : Standard
& Poor's: AAA
Moody's rating: Aaa
Moody's outlook: STA
Market value
of publicly traded
Shares :
US$1.198 trillion
Largest
companies in the country : Qantas
Airways (Airline),Coca-Cola Amatil (Beverages), CSL (Biotechs),
Brambles (Business & Personal Services),Crown Ltd (Casinos &
Gaming), Amcor (Containers & Packaging),Suncorp-Metway (Diversified
Insurance), BHP Billiton (Diversified Metals & Mining),Newcrest Mining
(Diversified Metals & Mining), Orica (Diversified Metals & Mining),
Iluka
Resources(Diversified Metals & Mining), Origin Energy (Electric
Utilities),
AGL Energy (Electric Utilities), Wesfarmers (Food Retail), Woolworths
(Food Retail), Metcash (Food Retail), Macquarie Group (Investment
services), AMP (Investment services), Challenger Ltd (Investment
services), Fortescue Metals Group (Iron & Steel), Bluescope Steel
(Iron &
Steel), Commonwealth Bank (Major Banks), Westpac Banking Group
(Major Banks), National Australia Bank (Major Banks), ANZ (Major
Banks),
Woodside Petroleum (Oil & Gas Operations), Santos (Oil & Gas
Operations), Caltex Australia (Oil & Gas Operations), WorleyParsons
(Oil
Services & Equipment), Toll Holdings (Other Transportation),
Transurban
Group (Other Transportation), QBE Insurance Group (Property &
Casualty
Insurance), Insurance Australia Group (Property & Casualty
Insurance),
QR National (Railroads), Westfield Group (Real Estate), Stockland
Australia (Real Estate), Westfield Retail Trust (Real Estate), Lend
Lease
(Real Estate), CFS Retail Property Trust (Real Estate), Goodman Group
(Real Estate), Bendigo & Adelaide Bank (Regional Banks), Bank of
Queensland (Regional Banks), Incitec Pivot (Specialized Chemicals),
Telstra (Telecommunications Services)
Trade & Competitiveness Overview
Total exports
: US$263.9
billion
Exports
commodities : Coal, iron ore,
gold, meat, wool, alumina, wheat, machinery and transport
equipment
Total imports
: US$239.7
billion
Imports
commodities : Machinery and
transport equipment, computers and office machines,
telecommunication equipment and parts; crude oil and petroleum
products
Export - major partners : China 27.4%, Japan 19.2%, South Korea 8.9%,
India 5.8%
Import - major partners : China 18.5%, US 11.4%, Japan 7.9%, Singapore
6.3%, Germany 4.7%
FDI Inflows : 2009: US$26,554
million
2010: US$35,556 million
2011: US$41,317 million
FDI Outflows : 2009: US$16,693
million
2010: US$12,791 million
2011: US$19,999 million
Best countries
for doing business : 10 out of 185 countries
Global
competitiveness ranking : 20 (ranking by country on a basis of 144, the first
is the best)
Country and Population Overview
Total
population : 22.68
million
Total area : 7,692,024 km2
Capital : Canberra
Currency : Australian
dollars (AUD)
Internet users
as % of total
Population : 79%
Sales Term
Local : Cash, Credit card, Bank
transfer, Cheque, Credit 30-60 days
International
: Telegraphic transfer
Trade Reference/ Payment
Behaviour
Comments : As local and international
trade references were not supplied, the Subject's
payment track record history cannot be appropriately determined but
based
on our research, payments are believed to be met without delay.
Investigation Note
Sources : Interviews and material
provided by the Subject
Other official and local business sources
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.36 |
|
|
1 |
Rs.101.20 |
|
Euro |
1 |
Rs.84.54 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIS |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors and their relative weights (as
indicated through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.