Insolvency and Restructuring

Our team has significant expertise in corporate insolvency, recovery, and financial restructuring.  We regularly advise insolvency practitioners, secured creditors and a variety of other stakeholders in a broad range of legal issues arising out of insolvency.

We act in relation to receiverships, liquidations and voluntary administration as well as giving advice on security enforcement options, security reviews, mortgagee sales, priority disputes, personal liability, indemnity and appointment documentation, and creditors’ compromises.   We work across a number of industry sectors including agri-business, building and construction, hospitality, financial services and retail.

Our team is regularly engaged by secured lenders not only to identify debt recovery and enforcement options, but also to recommend a strategy that suits the particular circumstances.  We recognise that formal enforcement steps are often the least preferred recovery strategy and lateral thinking is required to optimise outcomes for companies experiencing financial distress.

We have the breadth and depth of experience to act on the contentious aspects of insolvency.  This includes bringing and defending voidable transaction and director’s liability claims, and a variety of actions to recover funds on behalf of insolvent companies such as claims against related parties.  We are often involved in advising secured parties of their rights and available remedies under the Personal Property and Securities Act.  Members of our team often appear in Court and in mediations in order to resolve such claims.

Our team has a track record of successfully negotiating formal and informal creditor compromises for individuals facing personal insolvency.

Our expert team delivers a high level of technical expertise but at the same time recognises insolvency requires prompt and practical legal advice.

Lane Neave Insolvency and Restructuring – lawyers, confidants and specialists, an integral part of your business needs.

Ben Russell Partner view profile