Michael Parshall

Practice Areas

Michael is one of Australia's leading corporate lawyers with more than 20 years' experience in public and private M&A, capital raising, foreign investment and corporate advisory and governance matters.  He is widely recognised for his skill in developing deal structures, is rated in all leading directories and has strong relations with all key regulators.  He works across a range of sectors for significant listed and unlisted clients and private equity and private capital financial sponsors. 

Michael has been a pioneer of a number of firsts in M&A transactions including: the first (legal) pre-bid through 20% takeover threshold (rules since changed) (Brookfield-Multiplex); the first listed structure to adopt see-through voting (Canwest-Ten); the first design of scheme proxy to crash through ""takeover-proof"" constitution (Advance-St George); the first Australian cross-jurisdictional equity swap (Liberty Media in relation to the News Corp reincorporation, leading to the News Corp rights plan being invoked); the first (and second) corporatisation of a listed stapled security via schemes of arrangement (MMG and Asciano); the first three (out of only four in the Australian market) cut-off reinsurance schemes of arrangement.