Global law firm Ashurst is advising McGrathNicol' s Shaun Fraser and Jonathon Henry, as joint and several liquidators of Tahmoor Coal Pty Ltd (Tahmoor Coal) and Bargo Collieries Pty Ltd (together, the Tahmoor Coal Group), on the proposed sale of the Tahmoor Coal Group's business and assets to a consortium formed by M Resources and Golden Energy and Resources.
Tahmoor Coal is the operator of the Tahmoor Coal Mine, an underground metallurgical coal mine and associated infrastructure located at Tahmoor in New South Wales. Tahmoor Coal has one wholly-owned subsidiary, Bargo Collieries Pty Ltd, and is a shareholder of Port Kembla Coal Terminal Limited (PKCTL).
The transaction involves the sale of the entire business and assets of the Tahmoor Coal Group, including the Tahmoor Coal Mine, associated mining tenements, water access licences, environmental authorisations, plant and equipment, contracts, employees, freehold properties and shares in PKCTL.
The Ashurst team is led by partners Murray Wheater (Corporate transactions) and Michael Sloan (Restructuring & Special Situations), who are assisted by: senior associates Shenaye Ralphs and Rachel Werner (Corporate Transactions); partners James Marshall and Ross McClymont and senior associates Silje-Marie Blomkvist, Megan Lowe and Jake Overend (Restructuring & Special Situations); partner Kitty Vo and senior associates Jake Saccardo, Jack Kelly and Michael Tran (Real Estate); partner Tihana Zuk and senior associate Dylan McIntyre (Competition); partner Jon Lovell and senior associate Simon James Moore (Employment); partner Rebecca Dixon and senior associate Rhea Nair (Projects, Energy, Environment & Resources); partner Elke Bremner and senior associate Anthony Hui (Tax); and counsel Cara North (Dispute resolution).
