CNPLaw LLP advised Bankwest on a secured facility to Guardian Geomatics

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CNPLaw LLP advised Bankwest on a secured facility to Guardian Geomatics


Date Published: 25 July 2022


The team that advised the client: Bill Jamieson and Lai Zheng Yong




CNPLaw LLP acted as the lender’s counsel on Singapore law in reviewing and drafting the security documents from Guardian Geomatics (Singapore) Pte. Ltd., as guarantor of its parent company Guardian Geomatics Pty Ltd as the borrower from Bankwest as the lender, for the purpose of the provision of (i) a Bankwest Corporate MasterCard and (ii) a Bankwest Bank Guarantee Contingent Instrument Facility to the borrower. As part of the finance arrangements, we reviewed the guarantee and indemnity in favour of the lender, drafted and registered a fixed and floating charge of all the assets of the guarantor as security for the borrower’s obligations to the lender and provided a legal opinion to the lender.

Guardian Geomatics is an Australian owned company, established in 2018 to service the offshore oil, gas and renewable markets in Australia and Asia Pacific with geophysical and hydrographic surveys and positioning services.

Partner Bill Jamieson and associate Lai Zheng Yong assisted Bankwest on the matter.

Bill-Jamieson-professional-v2-e1600831550166
Partner

    Bill’s practice focuses on corporate financing transactions, investment funds, mergers and acquisitions, private equity, and employment law matters. His experience includes 10 years in the City of London and over 20 years in Asia. Before joining CNP, Bill was a partner in a well-known international law firm. He is recommended lawyer for Corporate and M&A, Banking and Finance, Investment Funds and Labour and Employment in Legal 500 Asia Pacific 2021. Bill is one of the firm’s contacts for Interlaw, a network of independent full-service corporate law firms ranked by Chambers and Partners in its highest category, “Elite”, amongst all global law firm networks.

    Lai ZhengYong
    Associate

      Associate
      Zheng Yong is an associate in the Corporate Advisory Practice Group. He graduated from the University of Birmingham in 2017 and was called to the Singapore Bar in 2021. His main areas of practice include general corporate advisory and mergers & acquisitions.


      CNPLaw LLP acted as the lender’s counsel on Singapore law in reviewing and drafting the security documents from Guardian Geomatics (Singapore) Pte. Ltd., as guarantor of its parent company Guardian Geomatics Pty Ltd as the borrower from Bankwest as the lender, for the purpose of the provision of (i) a Bankwest Corporate MasterCard and (ii) a Bankwest Bank Guarantee Contingent Instrument Facility to the borrower. As part of the finance arrangements, we reviewed the guarantee and indemnity in favour of the lender, drafted and registered a fixed and floating charge of all the assets of the guarantor as security for the borrower’s obligations to the lender and provided a legal opinion to the lender.

      Guardian Geomatics is an Australian owned company, established in 2018 to service the offshore oil, gas and renewable markets in Australia and Asia Pacific with geophysical and hydrographic surveys and positioning services.





        Practice Area: Mergers and Acquisitions