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Abu Dhabi, Beijing, Brisbane, Brussels, Canberra, Dubai and 19 more

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Phil Breden

Work +61 2 9258 5823

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Phil is Ashurst's Head of Region – Australia. He has received recognition as a leading Australian M&A lawyer in legal directories such as Chambers Global, Legal 500 and IFLR 1000, and advises large ASX-listed companies as well as European and US-based multinationals.

Phil specialises in public and private M&A, corporate advisory and capital markets. His practice spans a variety of sectors, with particular expertise in energy, utilities, construction, manufacturing and gaming.


Corporate and M&A

Within: Corporate and M&A

Ashurst’s ‘high-calibre team’ is ‘excellent in all areas, including investment in future practitioners’; its lawyers are ‘proactive and agile and provide practical, commercial advice tailored to clients’ needs’. Significant private equity work included advising Blackstone on its acquisition of the ASX-listed Astro Japan’s property portfolio, and in the insurance sector the team assisted AIA Group with its multibillion-dollar acquisition of Commonwealth Bank of Australia’s life insurance businesses in Australia and New Zealand. The ‘excellent’, 'engaging' Phil Breden, who ‘quickly formulates appropriate strategies’, and Mark Stanbridge co-lead the 24-partner practice. Breden acted for Crown Resorts on selling its 27.4% interest in Melco Crown Entertainment, a transaction completed via a multiple-tranche structure spanning several jurisdictions. Also recommended is the ‘very commercial’ Bruce Macdonald, who ‘works tirelessly and always with good humour’; he and Stanbridge advised Nine Entertainment on its acquisition of the issued share capital in Fairfax Media by way of scheme of arrangement, creating Australia’s largest integrated media corporation. Dan Yang joined from Colin Biggers & Paisley, now spearheading the firm’s China practice in Australia. Ratha Nabanidham joined from MinterEllison.

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