Restructuring/Insolvency
Asia-Pacific Guide 2024 : Australia
Band 4
Email address
[email protected]Contact number
+61 3 9670 9111About
Provided by Mills Oakley
We provide strategic advice to insolvency practitioners, creditors, stakeholders and directors on how best to deal with a company’s financial difficulties or potential insolvency. Our lawyers are recommended by leading independent commentators such as Chambers and the Legal 500 Asia-Pacific.
We have acted on behalf of various stakeholders in some of Australia’s largest corporate insolvencies.
We also assist directors and shareholders to come to an arrangement with creditors and restructure capital, either informally or through the external administration process. We also represent directors involved in ASIC reviews, investigations and prosecutions and act on behalf of financiers and creditors who may suffer an exposure as a result of a failed company.
Chambers Review
Mills Oakley covers a wide range of restructuring and insolvency-related issues, including priority and perfection disputes, employee entitlement arrangements, debt and equity restructures and the administration of managed investment scheme interest. The firm is active in a range of sectors including finance, construction and manufacturing. The team is further noted for proficiency in debt recovery and security enforcement litigation. Its key clients include Grant Thornton, KPMG and FTI Consulting.
Work Highlights
- Mills Oakley advised FTI Consulting on the liquidation of numerous labour-hire companies known colloquially as the Shi Group after the ATO discovered significant tax evasion.
Strengths
Provided by Chambers
"Their strategy is very pointed to a commercial solution instead of a strictly legal one. What really impressed me was their determination to push for a result and knowing what approaches to take."
"They are very good at multiple types of restructuring, insolvency and commercial advisory matters."
"Their strategy is very pointed to a commercial solution instead of a strictly legal one. What really impressed me was their determination to push for a result and knowing what approaches to take."
"They are very good at multiple types of restructuring, insolvency and commercial advisory matters."
Notable Practitioners
Stuart Lewin is based in Melbourne and acts for leading insolvency practitioners, financial services providers, insurers and companies across a broad range of predominantly contentious issues.
"He works like a graduate – he is as hungry as the day he started. He is a fighter and a sophisticated one at that."
Ariel Borland acts for a range of clients, including appointees, creditors and other stakeholders, on a variety of both contentious and non-contentious insolvency mandates.
"Ariel is excellent - very intellectual."