Department profile
Ashurst Perkins Coie – London, New York, Seattle, Sydney

Restructuring/Insolvency

Asia-Pacific Guide 2026 : Australia


Ashurst Perkins Coie – London, New York, Seattle, Sydney

Rankings

About

Provided by Ashurst Perkins Coie – London, New York, Seattle, Sydney

Ashurst Perkins Coie's Restructuring practice covers insolvency, turnaround, restructuring and distressed investing, distinguishing us from our Australian competitors. We are the go-to firm for complex, significant matters and are instructed when it really matters because of our unparalleled experience across the spectrum of issues arising from corporate distress, distressed investing and formal insolvencies. This uniquely balanced approach means we have a true understanding of all stakeholder positions and achieve exceptional results for our clients.

We operate at the forefront of the market, providing clients with unrivalled, invaluable market knowledge gained from our deep experience. Whether applying creative techniques to invest in a distressed company, working to turn around a company in difficulty, or managing a major corporate collapse, we have the skill and experience to resolve these matters.

Testament to this is our position as lead advisor in virtually all of Australia's most significant restructurings, insolvencies and corporate collapses in the last three decades, many of which required us to develop and apply cutting-edge, first-to-market transaction structures. Examples include: Atlas Iron, Babcock & Brown, Banksia, Bridgecorp, BBY, Bell Group, Billabong, BIS Industries, Boart Longyear, Channel 10, Enron, Fitness First, GE Commercial Finance, Gunns Group, HIH Insurance, Imdex, Lehman Brothers, MF Global, Nine Entertainment, Quintus, Slater & Gordon and WICET.

Chambers Review

Provided by Chambers

Restructuring/Insolvency - Australia

Band 1

Band 1


What the Team is Known For

Ashurst's market-leading national practice is active on many of the country's most high-profile restructurings and turnarounds. The team regularly acts for creditors, debtors and insolvency appointees in major restructurings and also demonstrates substantial experience in insolvency litigation. Additionally, Ashurst offers excellent international expertise and has a strong offering in the acquisition of distressed debt in Australia's secondary debt market.

Work Highlights

Provided by Chambers

  • Ashurst advised the doctors engaged by Genesis Care in Australia on all aspects of the company’s restructuring under Chapter 11 of the United States Bankruptcy Code.

Strengths

Provided by Chambers

  • Ashurst is a clear market leader. It coordinates complicated transactions with skill and tenacity.

    Restructuring/Insolvency respondentAsia-Pacific
  • Ashurst dominates the restructuring legal market and has one of the strongest national teams.

    Restructuring/Insolvency respondentAsia-Pacific
  • The team at Ashurst is pragmatic and commercially minded. It has a good relationship with stakeholders in the insolvency industry, and is incredibly responsive and engaged with the legal risks.

    Restructuring/Insolvency respondentAsia-Pacific

Notable Practitioners

Provided by Chambers

  • Eminent PractitionersRoss McClymont
    Eminent PractitionersRoss McClymont

    Ross McClymont

    Ross McClymont is a highly respected, Melbourne-based practitioner who acts for prominent clients in a variety of sectors, including renewables and waste management. His areas of experience range from distressed debt and loan-to-own strategies to advising on supply chain restructurings.
    • Ross McClymont is a senior practitioner who balances commercial and legal factors very well.

      Restructuring/Insolvency respondentAsia-Pacific
    • Ross is a very pragmatic litigator, always looking for ways to avoid litigation. He gives commercial and pragmatic advice.

      Restructuring/Insolvency respondentAsia-Pacific
  • Star IndividualsJames Marshall
    Star IndividualsJames Marshall

    James Marshall

    James Marshall is a renowned practitioner in the practice area who regularly acts for corporates and other stakeholders in relation to the highest-profile restructurings and distressed acquisitions.
    • James is the number one restructuring lawyer in the country.

      Restructuring/Insolvency respondentAsia-Pacific
    • James Marshall is highly responsive, experienced, time efficient and commercial.

      Restructuring/Insolvency respondentAsia-Pacific
    • He is one of the elites of the industry, with a strategy and an ability to deliver that others dream of.

      Restructuring/Insolvency respondentAsia-Pacific
  • Band 2Michael Sloan
    Band 2Michael Sloan

    Michael Sloan

    Michael Sloan is particularly experienced in advising clients active in sectors which include the financial services and infrastructure spaces on significant insolvency matters, ranging from workouts to liquidations.
    • Michael Sloan is one of the best.

      Restructuring/Insolvency respondentAsia-Pacific
    • Michael is a go-to practitioner for the most complex situations that require creative solutions.

      Restructuring/Insolvency respondentAsia-Pacific
    • He has the unique ability to distil all the noise down to one or two points that I need to be concerned with. His advice is always to the point.

      Restructuring/Insolvency respondentAsia-Pacific
  • Band 3Camilla Clemente
    Band 3Camilla Clemente

    Camilla Clemente

    Camilla Clemente is based in Sydney and regularly acts on insolvency-related mandates for insolvency practitioners and distressed companies, offering particular expertise in the handling of contentious proceedings, including litigation and arbitration.
    • She gave pragmatic and strategic advice that ensured we had a sound and defensible position to make critical decisions.

      Restructuring/Insolvency respondentAsia-Pacific
    • She was very responsive and made us a priority.

      Restructuring/Insolvency respondentAsia-Pacific
    • Camilla is an excellent lawyer. She is calm, thorough, commercial and has excellent knowledge of the law.

      Restructuring/Insolvency respondentAsia-Pacific
  • Band 3Emanuel Poulos
    Band 3Emanuel Poulos

    Emanuel Poulos

    Emanuel Poulos maintains a well-regarded practice from the Sydney office and is recognised by market sources for his work on complex insolvency proceedings. He is regularly instructed by insolvency practitioners on formal insolvencies, including liquidations and receiverships.
    • Emanual Poulos is highly detail-oriented and hard-working.

      Restructuring/Insolvency respondentAsia-Pacific
    • Emanuel is always strategic and provides a high level of responsiveness.

      Restructuring/Insolvency respondentAsia-Pacific
  • Band 4Alinta Kemeny
    Band 4Alinta Kemeny

    Alinta Kemeny

    Alinta Kemeny has a growing presence in the restructuring and insolvency space, with notable expertise in relation to restructuring advice. She has advised a range of clients, including financial institutions and healthcare companies.

    • Alinta is a great adviser and strategic thinker.

      Restructuring/Insolvency respondentAsia-Pacific
    • Alinta is very knowledgeable and very clear in her documents. She’s very prepared and was always one step ahead for us.

      Restructuring/Insolvency respondentAsia-Pacific
  • Up and ComingBernie Walrut
    Up and ComingBernie Walrut

    Bernie Walrut

    Bernie Walrut has a growing reputation in the sector, advising liquidators and administrators. He also assists distressed companies on transactional and restructuring matters.
    • Bernie Walrut is a sophisticated, hard-working and efficient lawyer.

      Restructuring/Insolvency respondentAsia-Pacific
    • Bernie is a great up and coming junior.

      Restructuring/Insolvency respondentAsia-Pacific

Ranked Individuals at Ashurst Perkins Coie – London, New York, Seattle, Sydney (7)

Australia

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Provided by Ashurst Perkins Coie – London, New York, Seattle, Sydney

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