Simpson Grierson

Restructuring/Insolvency Department

New Zealand
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What the team is known for 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. Regularly works on complex debt restructuring matters, acting for both receivers and banks, with an impressively deep bench of specialists who have a range of specialist knowledge, with businesses in the mining, construction, hospitality and retail sectors being notable examples of its expertise.

Strengths One interviewee describes the firm as "reliable and responsive" and goes on to add: "As a firm, they are large enough to have a full suite of top-tier solicitors on all the major subjects."

Work highlights Advised PwC as receivers for Ebert Construction, including advice on its appointment, duties, treatment of retention funds and priority of competing claims.

Notable practitioners

James Caird is well regarded in the market for his work on contentious insolvency issues including directors' duties, voidable transactions, fraud claims, asset recovery and security disputes. He is praised by one interviewee for his "good understanding of the law and its operation," while others find he is "practical and a solid performer."

Steve Flynn is a highly respected practitioner in the restructuring and insolvency space, one source describing him as "the most knowledgeable in the Wellington market." He has extensive experience advising on complex liquidations and receiverships.