Distressed assets

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It takes an innovative and commercial approach to unlock value in a distressed asset situation. Our experience is key.

As leading advisers, we create opportunities for our clients for growth and longstanding gain in turbulent market environments. Our distressed assets team is made up of internationally acclaimed industry leaders in both restructuring and insolvency and mergers and acquisitions (M&A). They have widespread experience navigating challenging economic conditions while delivering successful outcomes.

The team is committed to maximising the ‘risk reward’ for buyers of distressed assets. It is vital, when looking at distressed transactions, to ensure that you have the right team. These deals require lawyers who understand how M&A works and lawyers who know their way around insolvency issues. A collaborative and extensive understanding of all technical aspects surrounding a distressed transaction sets us apart from a singular specialisation approach.

Our experts regularly advise high-profile investors, borrowers, and lenders by mobilising a strategy that will achieve their needs.

We can help you with:

  • Restructuring
  • Mergers and acquisitions
  • Credit, market and liquidity risk analysis
  • Debt
 

I couldn’t be more impressed with your responsiveness, expertise and diligence over the past few days. It’s sincerely appreciated, particularly given the short time frame and challenging nature of this situation for us.Adrian Goss, General Counsel, Bauer Media

 

Recent highlights
Restructuring of a tourism business

Advising one of New Zealand’s largest tourism companies JUCY Group and then its receivers, Calibre Partners, on JUCY Group’s post-Covid restructure. This resulted in the pre-pack receivership sale of the business and assets of JUCY Group to Polar Capital – the most significant tourism business restructured as a result of the COVID-19 pandemic.

Global publishing giant closure

Advising Bauer Media Group on the New Zealand aspects of the sale of its business and its exit from the New Zealand market following the closure of its New Zealand operations due to the impacts of COVID-19.

Major media company

Advising a major media operator on the restructuring of its operations.

Receivership of a New Zealand winery 

Acting for Bank of New Zealand and BDO New Zealand providing restructuring and insolvency advice regarding the receivership of Carrick Wines Limited.

Acquisition of Trinity Hill

Advising the new owners of Trinity Hill Wines in the acquisition of this iconic business.

Receivership of Sacred Hill Winery Group

Acting for Westpac providing restructuring and insolvency advice regarding the receivership and administration of the Sacred Hill Winery group of companies.

Sale of a distressed paper mill 

Advising SIG Combibloc on the closure of its New Zealand paper milling business and sale of its Whakatane mill.