Insolvency & corporate restructuring
Clear advice when it matters most.
If your company is struggling, it is probably not too late, and talking to us costs nothing and commits you to nothing. Principle Insolvency is an independent, technology-enabled practice advising directors, creditors and their advisers through financial difficulty, wherever they are in New Zealand. We explain the options in plain English and act with care, discretion and judgement.
Prefer to talk? Call us in confidence on 0800 11 50 62
How can we help?
Tell us a little about your situation and we will point you to the right next step.
Senior attention
You deal directly with a principal, not a call centre.
Plain English
We translate the law and the process into clear choices.
Confidential
Early conversations are private and without obligation.
Nationwide
A nationwide practice, acting for clients throughout New Zealand.
What we do
Insolvency and restructuring, handled with judgement
From a formal appointment to early turnaround advice, we work across the full range of corporate insolvency engagements under New Zealand law. Appointments are taken by a licensed insolvency practitioner.
Liquidation
Shareholder, creditor and court-ordered liquidations under the Companies Act 1993, conducted properly and efficiently.
Learn moreReceivership
Acting for secured creditors to take control of charged assets and realise them under the Receiverships Act 1993.
Learn moreVoluntary administration
A statutory pause that gives a company breathing space to assess whether it can be saved or restructured.
Learn moreCreditors compromise
A binding arrangement between a company and its creditors under Part 14 of the Companies Act 1993.
Learn moreSolvent liquidations
An orderly, tax-efficient way to wind up a solvent company and return value to its shareholders.
Learn moreBusiness recovery & turnaround
Practical advice taken early, while options remain, to help a viable business trade through difficulty.
Learn moreFor directors
Worried about your company?
If cash is tight, creditors are pressing or you have had a statutory demand, acting early gives you the most options and best protects your position. We help you understand your duties and the paths available.
Guidance for directorsFor creditors
Owed money you cannot recover?
We explain how to lodge a claim, what to expect from a liquidation or receivership, and the realistic prospects of recovery, so you can make informed decisions about a debt.
Guidance for creditorsThe principle behind the name
Straightforward advice, given properly
Insolvency is rarely the outcome anyone wanted, and the people we meet are usually under real pressure. Our job is to bring calm, structure and honesty to a difficult moment, and to do the work to a high standard.
- Independent and conflict-aware. We are clear about our role and who we act for.
- Hands-on at principal level. The people you meet are the people who do the work.
- Rigorous and compliant. Engagements are run to the standards the law requires.
- Commercial and practical. We focus on the outcome that genuinely serves your position.
Getting started
What happens when you get in touch
A confidential conversation
We listen, ask a few questions and give you an honest read on where things stand. There is no cost and no obligation.
Clear options
We set out the realistic paths, what each involves, and what it means for you, the company and its creditors.
A considered plan
If you decide to proceed, we manage the process properly and keep you informed at each step.
Insights
Guidance and plain-English explainers
Live indicators, updated daily
The $29 billion problem
Budget 2026 takes aim at overdrawn shareholder current accounts. What it means for directors and advisers.
ReadWhat directors owe creditors
Where the law has landed on directors' duties in an insolvency, in plain English.
ReadPersonal insolvency trends
Eight years of bankruptcy, No Asset Procedure and Debt Repayment Order figures.
ReadTalk to us in confidence
A short, no-obligation conversation is often the most useful first step. We will tell you honestly whether we can help.