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HopgoodGanim and Corrs line up equity deal

HopgoodGanim and Corrs Chambers Westgarth have advised on the acquisition of $13 million of existing secured convertible notes in ASX-listed Metal Storm Limited.HopgoodGanim advised New…

October 24, 2011 • By Lawyers Weekly

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HopgoodGanim and Corrs Chambers Westgarth have advised on the acquisition of $13 million of existing secured convertible notes in ASX-listed Metal Storm Limited.

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HopgoodGanim advised New York-based investment fund manager Lind Partners on its acquisition, as well as the establishment of a separate equity line of $900,000 with Metal Storm.

According to partner Michael Hansel, who led the HopgoodGanim team, The Lind Partners invests across a broad range of industries and economic environments, and is looking at a number of strategic equity opportunities in Australia.

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