After working for more than three years as Allco Finance Group's general counsel and being occupied more recently with the receivership of the structured finance group, Tom Lennox decided that it was time to seek new opportunities in private practice.
 
It so happened that DibbsBarker managing partner Alan McArthur was looking to expand his corporate finance team, and contacted Lennox to offer him a role. "DibbsBarker seemed to have excellent networks, a motivated team and a forward-looking managing partner, with a good blend of partners at both the corporate and financial ends," he said.
 
Although Lennox will no longer work for Allco, given his knowledge of the group's assets and structures, he believes there will be opportunities to assist entities that either retain or acquire the group's assets, financing or advisory areas. "My relationship with the people and knowledge of the assets at Allco will not change," he said, "but assisting them will be part of my practice going forward. I also hope to advise some of DibbsBarker's long-standing clients, such as HSBC, DEXUS and National Australia Bank."
 
Lennox previously acted on Allco's subordinated notes issue (A$350m), senior facilities restructuring (A$1.1bn), and rights issue (A$400m). He was formerly a partner at Mallesons Stephen Jaques and associate at Clifford Chance in London.

Michelle Segaert, who has also worked for Allco Finance as a senior counsel, recently moved to Johnson Winter & Slattery.