Restructuring/Insolvency

Ashurst's market-leading national practice is active on many of the country's most high-profile restructurings and turnarounds. The team regularly acts for creditors, debtors and insolvency appointees in major restructurings and also demonstrates substantial experience in insolvency litigation. Additionally, Ashurst offers excellent international expertise and has a strong offering in the acquisition of distressed debt in Australia's secondary debt market. Its key clients include Boart Longyear, KordaMentha and Toll Holdings.

"They're highly capable whilst maintaining a personable approach."

"The best in Australia. They have good partners with strong associates. They are always available for urgent issues."

Ashurst advised FTI Consulting on the administration of Sun Cable.

Ross McClymont is a highly respected, Melbourne-based practitioner who acts for prominent clients in a variety of sectors, including renewables and waste management. His areas of experience range from distressed debt and loan-to-own strategies to advising on supply chain restructurings.

James Marshall is a renowned practitioner in the practice area who regularly acts for corporates and other stakeholders in relation to the highest-profile restructurings and distressed acquisitions. "He's the best in class."  "James is a well-known litigation lawyer in the restructuring area and has a very strong practice nationally."

Michael Sloan is particularly experienced in advising clients active in sectors which include the financial services and infrastructure spaces on significant insolvency matters, ranging from workouts to liquidations. "A technically very strong and pragmatic insolvency legal adviser."

Emanuel Poulos maintains a well-regarded practice from the Sydney office and is recognised by market sources for his work on complex insolvency proceedings. He is regularly instructed by insolvency practitioners on formal insolvencies, including liquidations and receiverships.

Jason Salman is a well-regarded, Perth-based practitioner in the restructuring and insolvency space with notable expertise in advising clients on distressed acquisitions.

Camilla Clemente is based in Sydney and regularly acts on insolvency-related mandates for insolvency practitioners and distressed companies, offering particular expertise in the handling of contentious proceedings, including litigation and arbitration.

Bernie Walrut has a growing reputation in the sector, advising liquidators and administrators. He also assists distressed companies on transactional and restructuring matters. "The best young lawyer in his field."