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Clayton Utz

Restructuring/Insolvency

7 ranked lawyersBand 1AustraliaAsia-Pacific 2022 View ranking table

Chambers Review

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

What the team is known for

Clayton Utz's comprehensive national offering maintains its long-standing strength in contentious insolvency. Also handles restructuring and workouts and acts for both lenders and corporate borrowers with regard to financial restructurings and distressed financing. Advises banks, insolvency firms, investment funds, corporate clients and government clients on high-profile litigation and restructures. Has a broad range of industry expertise, with a particular focus on the construction and property development, retail, energy and natural resources, and financial services sectors. Key clients include Collection House, Myer Holdings and nbnco.

Strengths

A client who notes that "Clayton Utz's advice is extremely timely, practical, to the point and right on every turn," goes on to observe: "No matter what their recommendations are, they are strong in providing meaningful advice as opposed to mere information."

A client who says of the team: "You know that they have your back and will get you through the challenging situations," also maintains: "What differentiates Clayton Utz is that they have good relationships across the industry, which means that they can have frank conversations with the other side; our job is outcomes and we need people who get that."

Work highlights

Clayton Utz acted for Deloitte Restructuring Services in its capacity as voluntary administrator to Virgin Australia, advising both on Virgin's restructure and on its subsequent AUD3.5 billion sale to Bain Capital.

Notable practitioners

Cameron Belyea is based in Perth and is particularly active in the energy and natural resources sector, regularly advising administrators and corporate boards on restructurings, including deeds of company arrangement and safe harbour planning. Interviewees describe him as "a really good practitioner who's very active in this space" and "a good operator with a good following."

Jennifer Ball maintains a broad and highly regarded practice in the restructuring and insolvency space. She acts for clients in sectors ranging from mining and industrial manufacture to construction on a variety of significant matters, including distressed financing and shareholder litigation. Interviewees testify to her "good reputation." She is based in Sydney.

Karen O'Flynn is based in Sydney and has a highly respected practice in the insolvency space, with an emphasis on contentious matters. She has represented a range of clients in significant insolvency litigation proceedings. An interviewee describes her as "an excellent technical lawyer with a very strong understanding of a client's commercial needs."

Nick Poole is recognised for his experience operating on non-contentious restructuring matters. He is regularly instructed by insolvency appointees such as liquidators and voluntary administrators as well as corporate borrowers on substantial restructurings in various sectors, including retail, construction and energy. Clients value him, both as a lawyer whose "strong relationships" across the practice area mean that "he's always going to know someone who can assist," and as someone who "will give you an opinion on the right solution rather than a list of options and background." He is based in Melbourne.

Orla McCoy is based in Sydney and regularly advises on high-profile insolvency matters, acting for administrators and receivers as well as government bodies. A client describes her as "a technically strong lawyer who's very calm under pressure and a great communicator."

Paul James is a well-regarded practitioner who regularly acts across a wide range of insolvency matters, such as voluntary administrations and liquidations, for a variety of clients, including banks and insolvency firms. Based in Melbourne, he is described by a client as "a practical, down-to-earth and commercially savvy lawyer who gets to the answer quickly."

Tim Sackar is a highly regarded, Sydney-based lawyer who is regularly instructed on large and complex insolvencies and restructurings by insolvency practitioners, corporate borrowers and creditors. An interviewee, who notes that he is "one of the leading practitioners in the market" and "seen on high-profile restructurings," adds: "He is clearly on fire."

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Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

Australia

Restructuring/Insolvency


Cameron Belyea
Band 2
Jennifer Ball
Band 2
Karen O'Flynn
Band 3
Nick Poole
Band 2
Orla McCoy
Band 1
Paul James
Band 2

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