Restructuring/Insolvency
Asia-Pacific Guide 2024 : New Zealand
Band 2
Contact number
+64 9 367 8000About
Provided by Russell McVeagh
Russell McVeagh's Insolvency and Restructuring group is a multi-disciplinary practice handling the full range of issues arising from insolvency and restructuring, including: formal domestic and cross-border insolvency processes, enforcement of secured and unsecured creditor rights, corporate and debt restructuring and work-outs, secondary debt trading and investment, recovery actions and claims against directors and related entities, schemes of arrangement, fraud and derivative actions, PPSA and security disputes, defence of finance-related regulatory disputes.
Our team has continued to cement its position at the forefront of the legal market, obtaining many of the most high-profile instructions. We are recognised by Global Restructuring Review (GRR) as being able to handle cross-border restructurings and insolvencies, as well as related matters such as banking and sovereign debt crises.
Chambers Review
Russell McVeagh's multidisciplinary practice excels at a range of insolvency and restructuring issues, from creditor rights enforcement to finance-related regulatory disputes. The firm is noted for the quality and diversity of resources it can apply to litigation proceedings, including on cross-border insolvency. The team regularly acts on mandates for international businesses with New Zealand operations and on referral from global law firms handling the collapse of multinationals. The team boasts further expertise in fraud and derivative actions, as well as finance-related regulatory, personal property law and security disputes. Its key clients include KPMG, BDO and Calibre Partners.
Work Highlights
- Russell McVeagh acted as the New Zealand counsel to KPMG as the liquidator of Halifax, involving the liquidation of a trans-Tasman brokerage and the joint sitting of the New Zealand High Court and the Federal Court of Australia.
Strengths
Provided by Chambers
"The team have an excellent appreciation of commercial awareness and what the client's strategic aims are. They are very experienced in dealing with all aspects of insolvency litigation, which is very comforting."
"They are pragmatic and have a very thorough approach to their work."
"The team have an excellent appreciation of commercial awareness and what the client's strategic aims are. They are very experienced in dealing with all aspects of insolvency litigation, which is very comforting."
"They are pragmatic and have a very thorough approach to their work."
Notable Practitioners
Matthew Kersey is based in Auckland where he heads the Russell McVeagh restructuring and insolvency practice. He predominantly acts for secured creditors and insolvency professionals and is particularly noted for his cross-border experience in general and trans-Tasman experience in particular.
"Matt Kersey is an exceptional insolvency and litigation lawyer with a wealth of experience. He quickly gets to grips with complex situations and is very good at explaining difficult areas of the law."
Ranked Lawyers at
Russell McVeagh
New Zealand
Clients
Provided by Russell McVeagh
ANZ Bank, New Zealand
ASB Bank Limited, New Zealand
BDO, New Zealand
Bank of New Zealand, New Zealand
Calibre Partners
Credit Suisse, New Zealand
Hancock Forest Management Limited, New Zealand
McGrathNicol, New Zealand
Trustpower Limited, New Zealand
Westpac Banking Corporation Limited, New Zealand