Partnering with clients to provide on-demand contract lawyers, giving in-house legal teams the confidence to be agile.
MinterEllison’s lawyers collaborate seamlessly with colleagues across offices to facilitate asset sales and purchases where the vendor is distressed or subject to control by an insolvency practitioner (whether liquidator, administrator, deed administrator, receiver or controller). We also help potential investors understand their options, negotiating power and strategy if they buy Australian debt on the secondary market.
Our major clients are Australian institutions wishing to offload their exposure to a customer, overseas special situation and investment funds considering taking positions in Australian debt and/or equity; and trade buyers and investment funds interested in acquiring assets from distressed entities or insolvency practitioner controlled companies.
Acted for Westpac in relation to the collapse of the accounting firm BDO in New South Wales and Victoria, including its subsequent merger with Grant Thornton.