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Ian Walker
|Partner

Ian Walker is one of Australia's leading insolvency and reconstruction specialists. He has more than 25 years' experience in security enforcement for all types of creditors, banking litigation, and insolvency, reconstruction and work out issues.

While Ian 's practice spans a wide range of industries and private and public sector clients, he has extensive experience in the financial services industry.

Ian advises insolvency appointees including liquidators, receivers, administrators and deed administrators on creditors rights, their powers and duties and on the full range of commercial and legal issues that face insolvency practitioners during the course of an insolvency administration. He also advises third parties affected by insolvency such as creditors and directors. This includes advising company directors on the governance issues that face them when insolvency is imminent and drafting schemes of arrangement and deeds of company arrangement involving large numbers of creditors and complex corporate structures.

Ian's broader practice encompasses litigation and commercial dispute resolution. He acts for government, statutory corporations and corporate clients on a range of litigious and non-litigious matters principally in the areas of contractual disputes and trade practices legislation. He has significant banking and finance litigation experience, acting for banks with regard to securities lending exposure.

Ian has also been involved in complex commercial litigation in the Superior courts, either Federal or State in contested litigation.

Ian advises a wide range clients including NAB, CBA, and Deloitte.

Ian is named as a leading individual (top tier) for restructuring and insolvency in the IFLR1000 (2012), Asia Pacific Legal 500 Guide (2011) and Chambers Global (2011), PLC Which Lawyer? (2010), (as a 'leading' insolvency lawyer) and was named as one of the leading insolvency lawyers in Best Lawyers: Australia (2011).

He comments regularly on insolvency law reform issues and is a member of the Law Council of Australia's Insolvency and Reconstruction sub-committee and is a member of the International Bar Association, Insolvency Reconstruction and Creditors Rights Section (SIRC). He is also a member of the Law Council of Australian Insolvency and Reconstruction Sub-Committee and Insolvency Practitioners Association of Australia (IPA).

Ian wrote the Australian chapter in Expedited Debt Restructuring. An International Comparative Analysis published in 2007 by Kluwer Law International. He also wrote the Australian Chapter in Cash Pooling and Insolvency – a Practical Global Hand Book, published in 2012 by Globe Law and Business.

25 July 2014

This week the Full Federal Court unanimously overturned the decision to refuse ASICS's application to remove the liquidators of Walton Construction Pty Ltd, which had been appointed though a referral by the Mawson Group. The case presents a warning to insolvency practitioners who may find themselves overly dependent on a single source of referral work.

22 May 2014

The Personal Property Securities Register (PPSR) does not require the person registering a security interest to file the underlying security agreement with the PPSR. As an electronic register that permits registration to occur online, the PPSR is accordingly open to obvious abuse where a person is prepared to lodge a sham financing statement.

28 April 2014

A key decision has provided confirmation of the purpose and effect of a number of key provisions relating to perfection, priority and vesting rules under the Personal Property Securities Act 2009 (Cth).

24 February 2014

Last Friday, Justice Logan of the Federal Court handed down the much anticipated decision in Australian Building Systems Pty Ltd v Commissioner of Taxation [2014] FCA 116.

21 February 2014

On 13 February 2014, Justice Davies of the Federal Court of Australia handed down her decision in Australian Securities and Investment Commission v Franklin, in the matter of Walton Construction Pty Ltd (in liq), dismissing an application by ASIC to remove the liquidators of the subject companies because of an apprehension that they may lack independence and impartiality. The decision provides useful guidance for insolvency practitioners in determining whether they satisfy the requirement of independence and impartiality and what needs to be disclosed in a DIRRI.

2014