Expertise

Restructuring and insolvency

Buddle Findlay provides timely advice on the insolvency risks faced by businesses and their creditors. We have a team of dedicated specialists that advise on some of New Zealand’s largest and most complex restructurings. We provide pioneering solutions that deliver real commercial results.

Overview

We have one of New Zealand's pre-eminent insolvency and restructuring teams, consistently rated in tier 1 or band 1 on league tables.

The firm enjoys strong networks in the banking and professional services market.  With a full service offering, it has remained a key participant in the restructuring market through all recent economic cycles. 

Our lawyers have worked on some of the largest liquidations, receiverships, voluntary administrations, restructurings and finance company failures in New Zealand, and regularly advises on cross-border insolvency issues.

We offer restructuring and insolvency advice leveraged off regional knowledge and national networks.  Our clients include all the major participants in the insolvency marketplace: KordaMentha, McGrathNicol, PricewaterhouseCoopers, PPB Advisory, KPMG, BDO, Ernst & Young, Grant Thornton and Deloitte.  We advise a wide range of financial institutions on a regular basis, including in particular Bank of New Zealand, ANZ Bank New Zealand and Kiwibank, assisting them with recovery and restructuring assignments.  We also assist Crown Asset Management (a special purpose Crown entity) with the management of its distressed asset portfolio.

A significant part of the team's work involves acting for banks and trustee corporations in relation to borrower groups and public issuers whose financing facilities need to be restructured as a result of poor financial health.  This often involves a substantial restructure of the corporate group and its balance sheet. 

Majority of our notifiable work has a creditor focus, but our interest and commitment in the broad areas of restructuring, insolvency and workouts mean we can offer the full range of services, including:

  • Advising banks, trustees and financial institutions on corporate restructurings, debt moratoria, debt for equity swaps and standstills

  • Advising financial institutions and other creditors on receiverships, liquidations, voluntary administrations, and creditors’ compromises, including pre-appointment reviews, demands and preparation of appointment documents

  • Advising receivers, liquidators and administrators on domestic receiverships, liquidations and voluntary administrations including the provision of fully resourced high level litigation support

  • Assisting insolvency professionals on investigative accountant assignments

  • Advising foreign creditors and working co-operatively on foreign-originated insolvencies (including insolvencies dealt with under the UNCITRAL Model Law) such as chapter 11 proceedings, liquidations and administrations

  • Advising on multi-creditor priority disputes with a high degree of specialisation in resolving personal property law (PPSA) disputes

  • Advising board directors on liability through the insolvency process

  • Advising on a wide range of insolvency related litigation assignments, including wrongful trading claims, insolvent transactions and securities, and directions applications for receivers, liquidators, administrators and creditors.
  • Tier 1, Restructuring and Insolvency, Chambers Asia Pacific and Legal 500 Asia Pacific

Experience


Work highlights

Advising the administrators

and deed administrators of Solid Energy

Advising the liquidators

of Brookfield Multiplex Constructions (NZ)

Advising the secured creditor

in respect of the receivership and liquidation of the Mainzeal Group

Advising the administrators and liquidators

of Postie Plus Group

Advising the receivers

of Jasons Travel Media

Advising the receivers

of Tachikawa Forest Products (NZ)
more

Our team

David Broadmore

David Broadmore

Partner, Auckland

David specialises in commercial litigation and has extensive experience in insolvency, professional negligence, property...

  • DDI +64 9 358 7010
  • M +64 21 022 72994

Email

David Perry

David Perry

Partner, Auckland
Board of Management

David specialises in financial services and restructuring and insolvency law. He represents banks and financial institutions in the...

  • DDI +64 9 358 7020
  • M +64 21 632 268

Email

Jan Etwell

Jan Etwell

Partner, Christchurch

Jan specialises in banking and finance, commercial and company law. Her experience includes acting as instructing solicitor...

  • DDI +64 3 371 3514
  • M +64 21 655 604

Email

Laura O'Gorman

Laura O'Gorman

Partner, Auckland

Laura specialises in litigation and insolvency. She has a broad background in commercial litigation with extensive expertise in...

  • DDI +64 9 358 7031
  • M +64 21 313 653

Email

Miriam Andrews

Miriam Andrews

Partner, Auckland

Miriam specialises in banking and finance. Prior to re-joining Buddle Findlay in 2013, Miriam was transaction director at an...

  • DDI +64 9 363 0638
  • M +64 21 491 781

Email

Scott Abel

Scott Abel

Partner, Auckland

Scott specialises in insolvency and debt restructuring, corporate and secured finance, and specialist personal property security and...

  • DDI +64 9 357 9387
  • M +64 21 229 1488

Email

Scott Barker

Scott Barker

Partner, Wellington

Scott specialises in litigation, insolvency and credit recovery law. His practice includes banking, insurance and commercial...

  • DDI +64 4 498 7349
  • M +64 21 822 929

Email

Seb Bisley

Seb Bisley

Partner, Wellington

Seb specialises in litigation and insolvency law. He has particular expertise in commercial litigation, insurance law and public law...

  • DDI +64 4 462 0839
  • M +64 21 844 428

Email

Willie Palmer

Willie Palmer

Partner, Christchurch

Willie specialises in commercial litigation including construction, insurance and insolvency law. He has broad experience in...

  • DDI +64 3 371 3502
  • M +64 21 377 961

Email