Distressed Assets

As leading advisors, we create opportunities for our clients for growth and longstanding gain in turbulent market environments.  Our distressed assets team are internationally acclaimed industry leaders in both restructuring and insolvency and mergers and acquisitions.  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 deal 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.

How we help

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

Recent work

Restructuring of a tourism business – Advised one of New Zealand’s largest tourism companies Jucy Group and then its receivers, Calibre Partners, on the sale of the Jucy Rentals business following the impact of COVID-19.

Global publishing giant closure – Advised 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 – Advised a major media operator in relation to the restructuring of its operations.

Receivership of a New Zealand winery – Acted 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 – Advised the new owners of Trinity Hill Wines during the deal’s acquisition process.

Receivership of Sacred Hill Winery Group – Acted 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 – Advised SIG Combibloc in relation to the closure of its New Zealand paper milling business and sale of its Whakatane mill.

“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

Who can help