Special Situations & Restructuring.

The Mayne Wetherell restructuring team has extensive combined experience gained from working through multiple economic cycles.

Our clients include all the major New Zealand trading banks, international special situations funds, New Zealand companies and their boards, and the leading insolvency practitioners operating in our market.

We help our clients navigate both the legal and commercial dynamics present in any given situation.

Expertise.

• Accessing super senior facilities
• Creditors compromises
• Debt for equity swaps
• Directors’ duties/ liabilities
• Farm Debt Mediations
• Liquidations
• Portfolio trades
• Priority disputes
• Receiverships
• Restructuring transactions
• Schemes of Arrangement
• Secondary debt trading
• Security Reviews
• Statutory Management
• Voluntary Administrations
• Work-outs

Recent Transactions.

The receivers in relation to Van Leeuwen Group, one of New Zealand’s largest scale dairy operations (agriculture).
The senior secured creditors (domestic and international banks and hedge funds) in respect of the debt for equity swaps of each of Yellow Pages Group (directories) and MediaWorks (TV and radio).
A major New Zealand bank in relation to the restructures of each of listed company Smiths City Group (retail and finance) and Jucy Group (tourism).
The receivers in relation to a creditors compromise and then sale of Burger King New Zealand (quick service restaurants).
Key stakeholders in relation to the insolvency of listed company CBL Corporation Limited (insurance).
Multiple restructuring and insolvency transactions involving the property sector.
The founder in relation to matters relating to Villa Maria Estate Limited (viticulture).
A major offshore bank in relation to a creditors compromise and the voluntary administration of state owned company Solid Energy (mining).
Bidders in respect of various loan books of HBOS, and once acquired the realisation of those assets via different methods.
A major New Zealand bank in relation to the restructure of Hirequip and Hirepool (equipment hire).
The founder in relation to Watson & Son and the unwind of a joint venture with iwi (manuka honey).
A major New Zealand bank in relation to Claymark (timber processing).

Special Situations & Restructuring.

Expertise.

Recent Transactions.

Mergers & Acquisitions.

Corporate Advisory.

Structured Finance.

Banking & Finance.