Ben is an experienced litigator with extensive banking, insolvency and commercial skills and a unique ability to relate to clients. His detailed understanding of commercial imperatives and markets enables him to provide relevant advice to clients in a way which adds value to their business.
Ben has frequently appears in Federal and State Courts in jurisdictions across Australia and represents clients in mediations. Ben is adept at managing litigation with a strong understanding of the emphasis which banks and other institutional clients place on cost-effectiveness.
Ben’s significant experience in insolvency matters include drafting commercial documentation and negotiating the sale of business.
Ben’s friendly and relaxed nature enables him to quickly build strong relationships, such as those which he enjoys with staff at Australia’s dominant banks and leading insolvency firms. Ben enjoys working with clients and colleagues in high-pressure environments to achieve success.
Ben Thrift’s recent experience includes:
- Acting for Ferrier Hodgson in their capacity as receivers and managers of a pharmacy chain located across the Eastern seaboard. This included the negotiation and drafting of sale documentation in respect of several individual multi-million dollar businesses, together with the creation of security interests in certain personal property.
- Acting for the former directors of an ASX-200 company in multi-party litigation alleging breach of directors duties in respect of the company’s accounts. Ben’s role included the preparation of lay and expert evidence in respect of allegations that accounts were not true and fair on the basis of highly technical accounting issues.
- Negotiating the efficient recovery of a multi-million dollar debt for ANZ. The role included negotiating and documenting an asset management arrangement with a corporate research and development customer of ANZ, which granted critical additional security to in circumstances where the bank otherwise faced a multi-million dollar exposure. Ultimately ANZ was paid in full within six months of negotiations commencing.