Restructuring/Insolvency - Australia
What the team is known for
Maddocks offers deep experience across liquidations, workouts and related disputes. The firm's expertise covers a range of industries, including the real estate, construction and finance sectors. The legal team is able to assist on financial restructurings as well as formal insolvencies, acting for major banks, distressed corporates and insolvency practitioners. The firm frequently advises company boards on safe harbour arrangements. Its key clients include Deloitte, Commonwealth Bank of Australia and STA Travel.
Strengths
"The team understands the key issuers and suggests options. They are open to thoughts and happy to workshop an approach."
"They are always ready to recommend a commercial solution and assist in avoiding unnecessary litigation."
Work highlights
Maddocks advised Deloitte as the former voluntary administrators and liquidators of STA Travel and IEP and as the voluntary administrators and deed administrators of STA Travel Academic.
Notable practitioners
Danielle Funston often acts for administrators and liquidators on debt restructures, deed of company arrangements and distressed transactions. "We appreciate how Danielle interfaces with other areas of Maddocks to deliver a holistic solution. She takes a commercial approach and has a great understanding of our needs."
