MinterEllison acts for insolvency practitioners appointed as liquidators following a corporate collapse, and other stakeholders who interact with liquidators (whether as secured creditors, landlords, directors, or potential purchasers of assets). We have substantial experience in dealing with regulators when a corporate collapse occurs, including ASIC and ASX.

We have strong relationships with the big four Australian banks and leading insolvency accountants.

Great Southern receivership and liquidation

Acted for a syndicate of banks and the receivers and managers (McGrathNicol) of the Great Southern Group. We advised on all aspects of the receivership, including a restructuring of the MIS schemes, and a sale of approximately 269,000 hectares of land in the largest private forestry sale by area in Australia.

Westpoint Group liquidation

Acted for the liquidators of eight of the mezzanine finance companies within the Westpoint Group. Debts exceed $320million.