Restructuring Advisory

On the receivership, including the ongoing trading of the global business across several jurisdictions, receivership funding and the strategy and implementation of global enforcement and realisation.

For the administrators and then liquidators (McGrathNicol) of the Australian subsidiary and interaction with a parallel US Chapter 11 Bankruptcy process for the US business.

As local Australian counsel to We Work in relation to its US Chapter 11 Bankruptcy process and the management of its Australian operations during the process.

On its ~$2 billion exposure to the Greensill group of companies including in relation to its security over certain GFG entities in Australia.

On its voluntary administration, in relation to all aspects of the administration including the sale of the business and interaction with a parallel US Chapter 11 Bankruptcy process for the US business.

On the Australian administration and US secured creditor enforcement.

For the administrators on the Australian administration, successful sale and restructure via a DOCA, Creditors Trust and US Chapter 15 recognition application.

For a significant contractual counterparty, buy-side on an Australian distressed M&A transaction and US Chapter 11 proceedings.

For the administrators on the Australian administration, liquidation, scheme of arrangement and US Chapter 11, UK administration and global insolvency proceedings.

For the under bidder on the sale and recapitalisation process conducted by the voluntary administrators of Digital Surge which had ~$65 million of assets under management.

For the receivers and managers of the Quintis group of companies in relation to a debt for equity recapitalisation via a creditors’ scheme of arrangement and deed of company arrangement (with Chapter 15 recognition in the US) and restructure of US bond debt.

For Cor Cordis as administrators and deed administrators for Mahercorp and the successful restructure of the group and its business via a deed of company arrangement.

On its $773 million acquisition of Basslink, including complex restructuring and acquiring 100% of secured bank debt valued at approximately $526 million.

For Acciona on its acquisition of the debt and equity of the Kwinana Waste-to-Energy project by way of a solvent creditors’ scheme of arrangement.

For Hilco to acquire Wittner Group’s secured debt, followed by finance and corporate restructuring, including a newco, equity, debt facilities and new corporate governance arrangements.

On restructuring its financial indebtedness.

For the senior lender syndicate in relation to certain secured facilities made available to Bluewaters in connection with the coal fired power station owned and operated by Bluewaters.

For Hilco to acquire Wittner Group’s secured debt, followed by finance and corporate restructuring, including a newco, equity, debt facilities and new corporate governance arrangements.

For the secured lender on its acquisition of the $27 million secured debt of the Mugga Lane Solar Park and for the receivers subsequently appointed in relation to all aspects of the receivership, including the sale of the project.

On purchase of a bank's debt for a large property development in North Sydney, including strategy, negotiation, and implementation of debt transfer documents for transferring the bank's facilities and securities.

On successful bid and purchase of a $240 million distressed loan portfolio.

On its purchase of secured a bank's debt in respect of a large property development.

On its acquisition of the national Totally Smiles dental practices business and assets from the voluntary administrators of Totally Smiles.

For FTI Consulting as administrators of ASX-listed Panoramic Resources and its subsidiaries, in relation to all aspects of the administration and operations at the company’s nickel mine project.

On its voluntary administration, in relation to all aspects of the administration including the sale of the business and interaction with a parallel US Chapter 11 Bankruptcy process for the US business.

On a complex, contentious administration, involving a power station rebuild, recovering funds from an insurance claim, a sale and restructuring proposal process and defending litigation.

In relation to the voluntary administration of its Australian subsidiary, Deliveroo Australia and exit from the Australian market.

For FTI Consulting on the administration of the Australian operations, including a sale of business to Epiroc and a deed of company arrangement.

For FTI Consulting on the voluntary administration of BWX and subsidiaries in relation to all aspects of the administration including administration funding and structuring options for the administration.

For FTI Consulting as administrators of Jenny Craig Weight Loss Centres and its New Zealand subsidiary, a global weight loss brand with a 40-year history on its administration and asset sale.

Administrators and liquidators of Bardot in relation to all aspects of the insolvency including the sale of certain assets and business by the liquidators.

On all receivership aspects, including funding, trading operations, wind-down, and a dispute with the Department of Employment over Fair Entitlement Guarantee issues.

For Cor Cordis as administrators, deed administrators, and liquidators, negotiating a complex deed of company arrangement and creditors’ trust structure with the company’s former directors.

On the receivership of a large property portfolio, negotiations for a complex settlement of disputes with the JV partner, secured debt refinance and exit from joint venture arrangements and the property portfolio.

In Supreme Court proceedings against Wiggins Island Coal Export Terminal, disputing claims of over $155 million in guaranteed debt for two subsidiaries.

Anchorage Capital, CBA, Davison Kempner, and Deutsche Bank in Supreme Court proceedings against former Arrium Group directors and officers for alleged negligence and negligent misstatement.

In a complex, multi-party class action alleging misleading or deceptive statements and breach of disclosure requirements, negatively impacting shareholders.

In the external administration of Spitfire Corporation and its subsidiaries, a start-up online wealth management technology business.