Our Work

Acquisition of South Canterbury Finance loan portfolios
Advised a global investment bank on its successful acquisition of the rural, commercial and consumer loan portfolios of failed finance company South Canterbury Finance Group, with an aggregate book value of around NZ$123 million.

Finance Companies including Bridgecorp Finance Limited (In Receivership)
Acting for the receivers of a number of finance companies on litigation matters, including bringing recovery claims against directors of Bridgecorp Finance.

CWF Limited (In Liquidation)
Acting for the liquidators in opposing claims brought by creditors arising from the collapse of the Trinity Forestry scheme, including successfully opposing leave to bring claims against the liquidators on a number of issues in the High Court.

Wall Group Limited
Advising the major creditors of Wall Group Limited (previously Pacific Retail Group Limited) in relation to a compromise proposal made by the directors of Wall Group. The total value of claims was $90 million.

National Finance 2000 Limited (In Receivership) and Payless Cars group
Acting for the receivers, PricewaterhouseCoopers, of a finance company appointed under a debenture trust deed and for a related car sales group in this NZ$30 million receivership.

Access Brokerage Limited (In Liquidation)
Acting for the Bank of New Zealand and the liquidators of Access Brokerage Limited, KordaMentha, on the liquidation of Access Brokerage, including advising on the trust claims of clients of Access Brokerage.

Argent Networks Limited (In Receivership)
Acting for the receiver on the sale of Argent Networks Limited's (In Receivership) assets.

Provincial Finance Limited (In Receivership)
We act for the receivers, PricewaterhouseCoopers, of a finance company appointed under a debenture trust deed in this NZ$300 million receivership.

International Investment Unit Trust (In Statutory Management)
Acting for the statutory managers, we issued proceedings in New Zealand, England, Denmark and Switzerland to freeze and recover funds totalling NZ$30 million, on behalf of investors. The case involves a fraudulent investment scheme where investors were offered high rates of returns but no income earned by the Trust.

South Pacific Shipping Limited
We acted as counsel for liquidators on the largest successful reckless trading claim against the director of South Pacific Shipping Limited. The High Court ordered that a company director should pay over NZ$8.4 million to the company's liquidators, a ruling that was also upheld by the Court of Appeal.

Henry Walker Eltin Pty Limited (Administrators Appointed)
We acted for the Australian-appointed administrators of HWE in relation to significant New Zealand assets, successfully bringing proceedings against Solid Energy to restrain it from terminating the contract to extract coal from the Rotowaro Mine. This was the first major transaction involving voluntary administrators being appointed in Australia which extended to NZ-based business interests. NZ$400 million.

CH Limited (In Statutory Management)
We acted for statutory managers in bringing proceedings in the High Court and Court of Appeal to determine the priority of original homeowners for homes involved in this buy back scheme.

Royal Tongan Airlines Limited (In Liquidation)
We acted for liquidators of Royal Tongan Airlines Limited, realising the assets of the company including selling aircraft.

Hartner Group
We acted for PricewaterhouseCoopers on the receivership of construction company Hartner Group Limited, one of the largest receiverships in New Zealand history.