Our services
We work across the full range of corporate insolvency and restructuring engagements under New Zealand law, from formal liquidation and receivership to early turnaround advice. Appointments are taken by a licensed insolvency practitioner, so you have senior, accountable attention from the first conversation onwards.
What we do
Corporate insolvency and restructuring engagements
Each engagement is run under the relevant New Zealand statute and tailored to your circumstances. Choose a service below to understand how it works and what to expect.
Liquidation
Shareholder, creditor and court-ordered liquidations under the Companies Act 1993.
Learn moreReceivership
Acting for secured creditors to take control of and realise charged assets under the Receiverships Act 1993.
Learn moreVoluntary administration
A statutory pause under Part 15A of the Companies Act 1993, which can lead to a Deed of Company Arrangement.
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 wind-up of a solvent company under the Companies Act 1993.
Learn moreBusiness recovery & turnaround
Practical recovery, turnaround and restructuring advice taken early, while options remain.
Learn moreSupporting capability
Forensic accounting and financial investigations
Where an engagement calls for it, we can assist with forensic accounting and financial investigations to support the work, for example to trace transactions, examine the company's books and records, and clarify the financial position. This sits alongside our core appointments rather than as a standalone service.
Where to start
Not sure what applies?
Tell us where you stand and we will point you to the right next step. A short, confidential conversation is often the most useful place to begin.
For 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. We help you understand your duties and the paths available.
Guidance for directorsFor creditors
Owed money by a company?
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.
Guidance for creditorsOur work
Illustrative case studies
Every engagement is confidential. The examples below are anonymised composites that illustrate the type of work we do, not any specific client, company or matter.
Liquidation
A $[X]m manufacturing liquidation
Appointed liquidator to an insolvent manufacturing company after a creditor's statutory demand went unpaid. Realised plant, stock and outstanding debtors, investigated the company's affairs, and distributed proceeds to creditors in the order of priority set out in the Companies Act 1993.
Receivership
A $[X]m property receivership
Appointed receiver by a secured lender over a property development company in default under its facility. Took control of the secured assets, managed an orderly sale process, and reported to the secured creditor on recoveries.
Voluntary administration
A $[X]m trading company turnaround
Appointed administrator to a trading company under cash-flow pressure. Assessed the viability of the business, negotiated with creditors, and put a compromise proposal to creditors as an alternative to liquidation.
To confirm: the $[X]m figures above are placeholders. Please supply approximate, anonymised deal sizes for each example (or confirm they should stay general) before this section is treated as final.
Personal debt
Personal insolvency options
Our work is with companies, but the options below may help if you are facing personal debt. The No Asset Procedure (NAP), Debt Repayment Order (DRO) and bankruptcy are personal insolvency options under the Insolvency Act 2006. They are administered by the Official Assignee at the Insolvency and Trustee Service, not by this firm. In brief:
- No Asset Procedure - for debts between $1,000 and $50,000 where you have no realisable assets. It usually lasts about twelve months and can be used once.
- Debt Repayment Order - for debts under $50,000 where you can make regular payments, typically over about three years.
- Bankruptcy - generally where unsecured debts exceed $50,000, usually lasting three years.
If you are facing personal debt and are not sure where to turn, you are welcome to get in touch and we will point you in the right direction. You can read more at the Insolvency and Trustee Service (opens in a new window).
Fees
How we charge
- Insolvent appointments: remuneration is charged on a time basis, paid from company assets in accordance with the Companies Act 1993, and disclosed in our statutory reports.
- Written engagement terms are provided before any appointment, so you know the basis of our charges up front.
- Solvent liquidations: fixed fees from $6,000.
- The first consultation is always free.
Advising a client in difficulty? See how referrals work
Talk 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.