Andrew Hay
Clayton Utz
Partner
Brisbane
Andrew is regarded for his "hands on approach and for finding practical commercial solutions to meet commercial objectives".
Overview
Andrew heads the firm's Japan and Agribusiness practices nationally and is a senior partner in the firm's Corporate M&A Capital Markets practice with over 30 years' experience as a corporate adviser to leading Australian and overseas companies.
In recognition of his contributions to Japan, Andrew Hay was awarded the 2024 Japanese Foreign Minister's Commendation for his efforts in promoting cultural and economic exchange between Japan and Australia.
Notable Work
- Brisbane Airport Corporation (BAC): Relationship Partner for BAC. Advised on equity capital raising measures for its redeemable preference shares and other securities, general corporate advisory matters on acquisitions, JVs, shareholder agreement and constitutional amendments, and its annual Airport Act ownership disclosure document.
- Collection House: advised listed company on its recap involving its suspension from ASX, a public offer process, sale of its Australian purchased debt ledger to Credit Corp, refinancing existing senior debt, multiple new debt finance facilities and ACCC matters.
- Collins Foods: advised listed food company on various acquisitions of KFC franchises/stores in various locations around Australia, and Germany and The Netherlands, and secondary equity and debt raisings to fund acquisitions.
- Flexopack: advised listed Greek company on establishment of manufacturing plant in Queensland for food packaging, expansion of plant, and various capital injections and commercial agreements.
- GWA Group: advised listed company on all material acquisitions and disposals by group since 2010, including its A$110m acquisition of Methven Limited, an NZSX listed company, by way of a scheme of arrangement under NZ law.
- IPOs: advised a range of companies for an initial public offering on the ASX – Billabong, CEC Group, Early Learning Services (now G8 Education), Mastermyne Group (now Metarock Group), Tlou Energy, Transpacific Industries Group (now Cleanaway), UniTAB/TAB Queensland (now part of TabCorp), Virgin Blue Airlines, Westside Corporation, Wotif.com
- Kagome: acquisition of a tomato farming business in northern Victoria.
- Morgans Holdings Australia: acquisition of financial advisory arm of CBA.
- Nippon Paint Co. Ltd: advised on acquisition of DuluxGroup by way of a scheme.
- Queensland Motorways: advised State Govt on sale of Queensland Motorways.
- Sugar Terminals: advised on establishment, listing on NSX, various corporate governance matters and corporate and commercial matters with growers and millers.
- Transpacific Industries Group (now Cleanaway): acquisition of Waste Management New Zealand by way of a merger (NZ scheme of arrangement) ($870 million). (Winner of International Law Deal of the Year in Australia)
- Wotif.com: advised on merger with Expedia.
Insights
Foreign investment into Australia FYE 30 June 2024: trends and implications
21 Nov 2024 | Article
Read Insights
Foreign investment into Australia in October-December 2023; trends and implications
11 Jul 2024 | Article
Read Insights
Foreign investment into Australia in July-September 2023: trends and implications
3 Apr 2024 | Article
Read Insights
Media release: Clayton Utz advises PAR Technology on its acquisition of TASK Group
14 Mar 2024 | Media Release
Read Insights
Reforms to the Food & Grocery Code may aim to reduce cost of living: call for submissions
16 Feb 2024 | Article
Read Insights
Southeast Asian Economic Strategy to 2040 – opportunities for Australian businesses
5 Oct 2023 | Article
Read Insights
Foreign investment into Australia in January-March 2023; trends and implications
4 Aug 2023 | Article
Read Insights
ACCC pivots to enforcement after grace period for the Horticulture Code
24 Jul 2023 | Article
Read Insights
Media Release: Clayton Utz acts for Collins Foods on sale of Sizzler Asia
12 Jul 2023 | Media Release
Read Insights
Australia-United Kingdom Free Trade Agreement in force – now to make it work for you
13 Jun 2023 | Article
Read Insights
United Kingdom investors subject to higher foreign investment monetary threshold from 31 May 2023 for certain investments
13 Jun 2023 | Article
Read Insights
Foreign investment trends in the October 2022 quarter, and their implications
22 Mar 2023 | Article
Read Insights
ASIC changes to the new employee share scheme regime for listed entities
7 Feb 2023 | Article
Read Insights
ASIC changes to the new employee share scheme regime for unlisted entities
7 Feb 2023 | Article
Read Insights
Foreign investment trends in the July 2022 quarter, and their implications
16 Dec 2022 | Article
Read Insights
Australia’s Free Trade Agreements: The 2022 round-up, and the opportunities in 2023
12 Dec 2022 | Article
Read Insights
Directors granted leeway to apply for Director ID by 14 December 2022
2 Dec 2022 | Article
Read Insights
Corporations Act director on or before 31 October? Apply for your director identification number by 30 November 2022
26 Sep 2022 | Article
Read Insights
Don’t give an executive equity incentive without an employment hurdle (unless you really really want to)
18 Aug 2022 | Article
Read Insights
FIRB application fees will double from 29 July: what you need to know
25 Jul 2022 | Article
Read Insights
Free trade agreement between Australia and the European Union back on the table – with some caveats
7 Jul 2022 | Article
Read Insights
Media Release: Clayton Utz claims over 200 spots in The Best Lawyers in Australia and inaugural 'Ones to Watch' 2023 Editions
21 Apr 2022 | Media Release
Read Insights
Equity incentives for employees: new Corporation Act rules for listed entities
14 Apr 2022 | Article
Read Insights
The Australia-India Economic Cooperation and Trade Agreement: A possible step towards a full Free Trade Agreement
14 Apr 2022 | Article
Read Insights
Unlisted entities and equity incentives for employees – rule changes from 1 October 2022
14 Apr 2022 | Article
Read Insights
Media Release: Clayton Utz advises Minerva and SALIC on WA abattoir acquisitions
3 Sep 2021 | Media Release
Read Insights
Long-awaited certainty as Parliament permits virtual general meetings
16 Aug 2021 | Article
Read Insights
Significant reforms to the Australian continuous disclosure regime are now law: A guide for listed entities and their officers
16 Aug 2021 | Article
Read Insights
Foreign investors maintain appetite for Australia, according to 2019–20 FIRB Annual Report data and findings
8 Jul 2021 | Article
Read Insights
Australia and the UK reach an Agreement in Principle for the long-awaited Australia-UK FTA
24 Jun 2021 | Article
Read Insights
ACCC to address power imbalances in Australia's agriculture supply chains
15 Jun 2021 | Article
Read Insights
Temporary COVID-19 relief for virtual shareholder meetings and continuous disclosure has now lapsed
23 Mar 2021 | Article
Read Insights
Significant proposed changes to the Corporations Act for continuous disclosure, AGMs and e-signing
22 Feb 2021 | Article
Read Insights
Significant Australian foreign investment reforms commencing 1 January 2021
11 Dec 2020 | Article
Read Insights
NSW launches remote witnessing pilot scheme; Treasurer remakes e-signing arrangements for companies
29 Sep 2020 | Article
Read Insights
COVID-19 temporary changes to continuous disclosure provisions for listed entities
27 May 2020 | Article
Read Insights
Company directors and secretaries allowed to sign documents electronically, and clarity on company meetings, in new COVID-19 measures
6 May 2020 | Article
Read Insights
ASX and ASIC COVID-19 capital raising and other measures to provide temporary relief for ASX-listed entities
1 Apr 2020 | Article
Read Insights
Changes to foreign investment review in Australia under temporary COVID-19 measures
30 Mar 2020 | Article
Read Insights
ECM by Design: Equities and capital raising under the Design and Distribution Obligations regime
1 Oct 2019 | Article
Read Insights
New Bill aims at protecting Australian primary producers from activist-incited trespass or property damage/theft
11 Jul 2019 | Article
Read Insights
ASIC's latest Report on Regulation of Corporate Finance reveals its concerns and priorities
4 Apr 2019 | Article
Read Insights
ASX Corporate Governance Principles give a clearer framework for corporate Australia – and some work to do
27 Feb 2019 | Article
Read Insights
"Open and transparent sale" requirement for purchases of agricultural land by foreign investors clarified
16 Oct 2018 | Article
Read Insights
ASX Corporate Governance Principles and Recommendations proposals: their impact on corporate governance in Australia
2 Aug 2018 | Article
Read Insights
Are the shackles off for mutual ADIs? Direct issue of Common Equity Tier 1 now available
1 Mar 2018 | Article
Read Insights
Agricultural Land Register: oils ain't oils, & ag land ain't just land!
12 Oct 2017 | Article
Read Insights
A simpler, more streamlined framework for agricultural exports on the way
28 Sep 2017 | Article
Read Insights
Agricultural export legislation – the Federal Government is seeking your views
4 Sep 2017 | Article
Read Insights
Find other people to support you
Find People