Restructuring and insolvency

We have been involved in the largest, most complex and significant cases in New Zealand. We bring this expertise and experience to every matter we act on.

Bell Gully has a wealth of expertise and experience in insolvency, corporate restructuring, receiverships and liquidations. Our team is recognised as a leader among New Zealand's restructuring and insolvency legal practices. The practice is built around the multi-disciplinary expertise of experienced and highly regarded finance, litigation and corporate specialists.

Our approach is focused on delivering technical expertise with the pragmatism to achieve our clients' commercial objectives. Our specialist team is regularly engaged to assist on major cross-border insolvency issues. We advise receivers, liquidators and other insolvency practitioners across the whole range of insolvency and restructuring matters including:

  • corporate reconstruction and workouts
  • receiverships
  • liquidations
  • voluntary administrations
  • cross-border insolvency
  • statutory management, and
  • debt restructuring.​

Our team acts on the majority of major restructurings in New Zealand and has successfully achieved large recoveries from directors, auditors and insurers of finance companies including Bridgecorp, Nathans Finance and OPI. We have acted in relation to many fraudulent investment schemes and have acted on many of New Zealand's largest distressed debt restructures.

We act for the major participants in the insolvency and restructuring market, including receivers pwc, McGrathNicol and KordaMentha, as well as major banks and financial institutions.

Market recognition

IFLR 1000 2024 Restructuring and insolvency, 'Tier 2'.

The Legal 500 Asia Pacific 2025 Restructuring and insolvency.