Ashurst advises Australian challenger bank on AU$100m capital raising

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The goal of becoming Australia’s first challenger bank for SMEs has taken a step closer for Judo Capital, with help from a team from Ashurst.

Sydney-based partners Stuart Dullard and Jonathan Gordon led the team advising on Judo’s AU$100 million capital raising, including senior associates Andrew Kim and Ellen Zhang and lawyers Callum Newson-Brown, Lee-Anne Yeo and Jamie Bang.

As head of the firm’s global financial regulation, Gordon is advising Judo on its application for a banking license from the Australian Prudential Regulation Authority.

"We are thrilled to have acted for Judo on this important capital raising. We look forward to watching Judo go from strength to strength. We are confident that Judo will play an increasing role in the Australian SME lending market with its unique business model and high calibre management team," commented Dullard.

Dentons adds to Melbourne corporate team
Andrew Chan has joined Dentons in Melbourne as a partner in the corporate practice.

With more than a decade of experience across Australia, Asia, and Europe, Chan’s practice focuses on advising clients on cross border mergers and acquisitions.

He has worked at leading law firms in Australia and London but is excited to have the opportunity to work with the global firm.

“Dentons' global reach, its innovative product offerings for clients and talented lawyers were all factors in my decision to join the Firm in Melbourne,” he said.

DLA Piper hires Magic Circle partner for IPT launch
DLA Piper has launched an IP and technology practice in Luxembourg and hired a former Linklaters partner to lead it.

Olivier Reisch was admitted to the bar in the small European country in 2005 and has built a strong practice with clients including international financial and ecommerce firms.

His expertise in the incoming GDPR regulations and wider data protection and privacy matters will be of benefit as the firm expands its cross-border practice further.

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