Service

Restructuring & Insolvency

Sometimes in business, things do not go as planned. Whether that is your debtors not being able to pay their bills, you're facing financial challenges, or a liquidator is seeking to claw back payments made to you by a creditor, each of these challenges are stressful and require consideration of what alternatives are available to you.  When that happens, it is important you receive practical advice about your options.

Across our Corporate & Commercial and Dispute Resolution & Litigation teams, we have a broad range of experience providing advice to start-ups, small to medium enterprises (SMEs) and large corporate organisations involved in the restructuring, insolvency and liquidation process.

We can advise you on your options (based on the Insolvency Act 2006), including assisting with mitigation strategies and finding the best possible outcome that can be achieved in your circumstances.

Our team are able to assist with a variety of matters, including:

  • Advising liquidators and receivers.

  • Acting for creditors with insolvent debtors.

  • Acting for clients regarding voidable transactions.

  • Advising companies on their options when faced with financial challenges.

  • Advising entities on possible restructuring options.

  • Advising directors on their duties under the Companies Act.

  • Advising individuals  on their options relating to outstanding debts.

  • Negotiating on behalf of clients with creditors.

Notable experience:

  • Acting for the receivers of a high-profile receivership associated with South Canterbury Finance.

  • Representing a number of creditors involved in the Stonewood Homes receivership/liquidation.

  • Providing advice to entities of various sizes who are facing insolvency events.

  • Assisting entities with undergoing restructures.