Restructuring and insolvency
Restructuring and insolvency is a technical area of the law with significant importance in the current economic environment. The dedicated Lowndes Jordan Restructuring and Insolvency team has extensive expertise in all areas of insolvency law including experience advising:
- Insolvency practitioners on all aspects of liquidations, administrations, and receiverships, including in relation to creditors’ compromises.
- Creditors of insolvent businesses in assisting them with enforcement of securities (including sales of assets by receivers and mortgagees) and assisting both secured and unsecured creditors with priority disputes under the Personal Property Securities Act and related legislation.
- Suppliers and customers of insolvent businesses in defending proceedings or claims brought against them by liquidators or receivers.
- Directors and business owners of insolvent businesses including advising and assisting directors and owners of failed businesses on restructuring options and personal liability issues.
- In relation to debt recovery actions against both companies and individuals.
Our extensive insolvency experience also enables us to add another perspective to our trust and asset planning, property, and general commercial advice. Knowledge of insolvency traps is invaluable in helping our clients avoid them.
Our dispute resolution team has a wide breadth of expertise and knowledge in relation to resolution of insolvency disputes and problems, including by litigation in the courts.
We have advised on significant restructuring and insolvencies in New Zealand for insolvency practitioners, receivers, secured and unsecured creditors, directors, companies, and individuals. This includes a full range of matters across varied industries including retail, agricultural, maritime, construction, and hospitality.