As the CC Amatil board turns its back - for the moment - on Lion Nathan's A$8bn bid for the company, legal counsel for the key players are no doubt anticipating the next move.

Gilbert + Tobin is representing CC Amatil while Mallesons is acting for Lion Nathan.
Blake Dawson is acting for Kirin, Lion Nathan's major shareholder, who will finance a large part of the $4.5bn cash component of the bid.

The Mallesons team was led by Meredith Paynter and Adrian Perkins (M&A) with Sharon Henrick (competition), Nuncio D'Angelo (banking) and Judy Sullivan (tax).