Restructuring and Insolvency
We prioritise commercial objectives of our clients when their businesses face restructuring or insolvency events. 

We work closely with them on a range of matters including corporate reconstructions, securities enforcement, voluntary administrations, receiverships, fraud investigations, bankruptcy and liquidation. 

With insolvency and dispute resolution intrinsically linked, we have experts ready to assist with insolvency litigation and dispute resolution when the need arises. 

Our affiliations with specialist Australian insolvency and accounting firms, and relationships with international insolvency lawyers and workout specialists, means we can call on a network of experts when needed to ensure we provide the most comprehensive advice.  

Our international and Australian clients include banks and subsidiaries, other financial institutions and insolvency practitioners acting on behalf of both secured and unsecured creditors.

Pre-insolvency advice


We help company directors to understand their statutory obligations, duties to the company and the many alternatives available during times of actual or looming financial distress, including the potential appointment of administrators or the preparation of a restructuring (or "safe harbour") plan.

We assist directors to navigate financial distress with the goal of keeping a company operating whilst simultaneously mitigating any potential insolvent trading risks.

Should it become necessary, we can also guide directors on the appointment of external administrators – and assist during the administration period.

Security enforcement


Our team are experts in banking and security enforcement and advise clients on the formulation of enforcement plans that maximise potential recoveries, while mitigating exposure to claims during the enforcement process.

We are well versed in the statutory duty of sale often applicable to the sale of assets, and can assist with any priority or enforcement disputes that might arise with other secured creditors or external administrators.

Administrations


We regularly act for external administrators and advise them on navigating technical issues that arise from time to time, including seeking court directions, applying for remuneration approval and the various statutory duties which apply to the sale of assets and the resolution of claims.

We also assist external administrators with applications to extend convening periods, considering and adjudicating on proofs of debt and dealing with all manner of insolvency disputes, including dealing with activist creditors and other stakeholders.

Investigations and advice


We advise external administrators (and directors) in relation to public examinations and information gathering, identification of claims and (where necessary) access to litigation funding and costs indemnities.

Our team are experienced in handling all aspects of any subsequent insolvency disputes, including preference recoveries, voidable transactions and creditor-defeating dispositions.

Our extensive experience ensures any related investigations are targeted, proportionate, and in the interests of creditors.

Bankruptcy and insolvency


Our team have extensive experience in relation to personal insolvency arrangements and often act for trustees in section 77C examinations and public examinations.

We regularly assist trustees with all forms of enforcement, including section 139ZQ Notices and proceeding to recover assets transferred at under value or with an intention to defeat creditors.

What others say

Band 5, Restructuring & Insolvency
Chambers Asia Pacific 2022, 2023
Tier 5, Restructuring & Insolvency
Legal 500 Asia Pacific 2022, 2023
EXPERIENCE
Key people

Built around principle of quality and value.

Jeff Baker

Partner
-
Brisbane
-

Michael Barrett

Partner
-
Melbourne
-

Michael O'Donnell

Partner
-
Adelaide
-

Neil Hannan

Partner
-
Melbourne
-

Norman Fryde

Partner
-
Melbourne
-

Scott Guthrie

Partner
-
Brisbane
-

Phil Kaunitz

Partner
-
Brisbane
-

Peter Harrison

Partner
-
Sydney
-

Nick Curran

Partner
-
Melbourne
-

Cameron White

Partner
-
Adelaide
-

Nicholas Creed

Partner
-
Perth
-
Recent INSIGHts

What's new?