NRMA Motoring & Services

As published in CK Momentum Issue 1  (Click here to download)

In late 2013, CK acted for NRMA Motoring & Services on the sale of its portfolio of wholesale travel businesses. Assets sold by the NRMA included the Adventure World Travel, Value Tours, and Creative Cruising brands, while the retail business, NRMA Travel, was kept.

Peter Karcher, Partner in our Corporate & Commercial group, was responsible for CK’s work on the transaction, which was made interesting and challenging by the integration of the sale businesses with other businesses and services across the NRMA group, and work required to separate out what was being sold from assets and services the NRMA wanted to retain.

ClarkeKann conducts work for the NRMA across our legal practice areas, including property

This bulletin is produced as general information in summary for clients and subscribers and should not be relied upon as a substitute for detailed legal advice or as a basis for formulating business or other decisions. ClarkeKann asserts copyright over the contents of this document. This bulletin is produced by ClarkeKann. It is intended to provide general information in summary form on legal topics, current at the time of publication. The contents do not constitute legal advice and should not be relied upon as such. Formal legal advice should be sought in particular matters. Liability limited by a scheme approved under professional standards legislation. Privacy Policy

Subscribe

…and we’ll email you valuable insights into issues affecting you and your business.

More Insights

The Voidable Transaction Regime – A summary

The Voidable Transaction Regime – A summary

The voidable transaction regime under Part 5.7B of the Corporations Act 2001 (Cth) (the Act) provides a framework for liquidators to pursue recovery action against parties who have received property or some form of benefit from an insolvent company.  In turn, the...

read more
Unfair Contract Terms Reform Alert (2022)

Unfair Contract Terms Reform Alert (2022)

There are changes happening! Significant changes are set to shake up the law of Unfair Contract Terms in small business standard form contracts. The changes come into effect on 9 November 2023 and will introduce serious penalties for businesses that use and rely on...

read more