We advise companies and their directors on the most appropriate solutions to their financial position, whether it be assisting in the recovery of large outstanding amounts, or restructuring the business of the company, with or without a formal insolvency scheme.
As we understand the dynamics of ‘both sides of the fence’, we assist directors with advice as to how to act - and, equally importantly, not act - during periods of financial distress, and their options for restructuring their business in times of distress. We also assist directors in their interactions with bankruptcy trustees and others following formal appointments.
We have a particular expertise in public examinations, acting for trustees with a view to identifying assets and other entitlements that may have been transferred or gifted immediately prior to bankruptcy as a means of avoiding creditors.
High profile, media-sensitive matters: Acting for the bankruptcy trustee of the bankrupt estate of former Australian basketball player Shane Heal, including conducting a public examination into his affairs.
Public examinations: Representing a former senior officer of Sam’s Seafood during the course of a public examination into the collapse of that business by the Receivers of the affected bank.