Hall & Wilcox advises DKN stakeholders in merger

Leading Melbourne law firm Hall & Wilcox have advised DKN Financial Group Limited (DKN)in the recent merger of the South Australian based business operations of Thornton Group (SA) Pty Ltd (Thornton) and Tulare Financial Planners Pty Ltd (Tulare). The Hall & Wilcox team, led by partner Harry New and supported by senior associate Adrian Lynch, facilitated a pre-merger share consolidation in Tulare which resulted in the exiting and restraint of a minority principal member and merging of Tulare (together with its two wholly owned subsidiaries) to become part of Thornton.

Consideration for the purchase was a combination of cash and scrip, requiring a variation to Thornton’s shareholder deed to accommodate the incoming Tulare shareholders to be joined as parties to Thornton’s shareholder agreement.

Hall & Wilcox partner Harry New commented on the deal, “The pre-merger share consolidation in Tulare provided the foundation for the merger of the two operations to proceed and produce a good outcome for all parties. Thornton now has an expanded service offering extending from their existing financial planning services to now include investment, self-managed superannuation and risk services.

“DKN provided great assistance to the team in bringing this transaction to fruition. It has been a pleasure working with them and in particular Rachael Dunne who worked tirelessly throughout.”

The Hall & Wilcox Financial Services team is made up of commercial lawyers who are adept at managing a broad range of financial services business transactions, particularly those requiring a sophisticated understanding of complex commercial and regulatory issues.


Emma Woolley

Partner & Head of Family Office Advisory

Karl Rozenbergs

Partner & Co-Lead, Health & Community

Ben Hamilton

Partner & Technology and Digital Economy Co-Lead

James Deady

Partner & Technology and Digital Economy Co-Lead

Eugene Chen

Partner & Head of China Practice

Oliver Jankowsky

Partner & Head of International Practice

John Bassilios

Partner & Fintech and Blockchain Lead

Matthew Curll

Partner & Insurance National Practice Leader

Melanie Smith

Director – Business Development, Marketing and Communications

Natalie Bannister

Partner & Commercial National Practice Leader

Nathan Kennedy

Partner, Head of Pro Bono & Community and ESG Co-Lead

William Moore

Partner & Head of Private Clients Advisory

Mark Dessi

Partner & Energy Co-Lead

Katie McKenzie

Director – People & Culture

James Bull

Special Counsel & Frank Lab Co-Lead

Melanie James

People & Culture Manager

Jacqui Barrett

Partner & Head of US Desk

Lauren Parrant

Senior People & Culture Advisor

Melinda Woledge

Marketing & Communications Manager

Jasmine Koh

Senior Associate & Frank Lab Co-Lead

Alison Choy Flannigan

Partner & Co-Lead, Health & Community

Jordon Lee


Geoff Benson


Meg Lee

Partner & ESG Co-Lead

John Gray

Partner, Technology & Digital Economy Co-Lead and NSW Government Co-Lead

Harvey Duckett


Luke Denham


Billie Kerkez

Manager – Smarter Recovery Solutions

Jemima Whiteman


Bradley White


Sarah Khan


Audrey Leahy

Special Counsel & Head of Irish Desk

Marie Mitilineos


Gloria Tam


Peter Jones

Senior Commercial Counsel

Eden Winokur

Partner & Head of Cyber

Sheldon Fu


James Pavlidis


Claire Bourke


Chloe Taylor


Silvana Brcina


Daphne Schilizzi


Andrew Banks


Isabella Urso


Jessica Liu


Amelia Spratt


Lisa Ziegert

Director – Client Solutions

David Cooper

Partner & Energy Co-Lead

Luke Raams


Emma McDonald


Carl Ayers


Maddison Reznik

Senior Associate & Trade Marks Attorney

Rebecca Dodd


Gretel Burns


Ruby Hunt

Pro Bono & Community Co-ordinator