Restructuring/Insolvency - New Zealand
What the team is known for
Simpson Grierson is recognised for its accomplished handling of all aspects of restructuring and insolvency work and is frequently engaged to advise on insolvency disputes and complex receiverships. The team regularly works on complex debt restructuring matters, acting for both receivers and banks such as Grant Thornton, ASB Bank and Bank of New Zealand. Simpson Grierson boasts an impressively deep bench of experts, with offices in Auckland, Wellington and Christchurch, who have a range of specialist knowledge, including in the agriculture, construction, financial services and retail sectors.
Strengths
"Their advice is timely and commercial. On urgent matters, we find them very responsive, and they work collaboratively."
"Their advice is very much tailored to our specific needs, is very practical and commercial, and they are available at the drop of a hat."
Work highlights
Simpson Grierson acted for Grant Thornton as liquidators of Jonesy Construction.
Notable practitioners
Steve Flynn is a special counsel at Simpson Grierson's Wellington office and is a greatly respected veteran player in the restructuring, insolvency and securities spaces. He continues to take leading roles in the representation of leading insolvency practitioners on key receivership and liquidation mandates. "Steve is our go-to guy for anything insolvency law-related. He is very considered and has high expertise."
James Caird is based in Simpson Grierson's Auckland office, where he acts on all aspects of restructuring and insolvency law. He is particularly well known for his handling of both contentious issues and the property-related aspects of insolvency mandates. "I really enjoy working with James – he is very good at coming up with solutions to any issues identified."
Josh Cairns is active across the spectrum of insolvency and restructuring law, focusing closely on formal insolvency and complex debt restructuring mandates. Based in Wellington, he is singled out for his voluntary administration-related expertise. "He is pragmatic and commercial and is able to pitch it at a level that works for our risk appetite."