With a Supreme Court decision out on aspects of the company creditor compromise regime, an update on this useful form of corporate rescue and alternative to liquidation is timeous.
This webinar, looking at recent case law developments, will consider when such compromises are appropriate and their advantages over other options available to nearly insolvent companies. It will also look at some of the procedural requirements including the key question of creditor classes.
- Learn more about the circumstances which favour a creditor compromise and the advantages they offer including flexibility, the avoidance of insolvency and the saving on costs.
- Understand better some of the procedural requirements including voting thresholds, the determination of classes of creditors and avenues for challenging a creditor compromise.
- Gain insights into recent case law developments and their implications for creditor compromises.
Who Should Attend?
General practitioners who advise clients on insolvency and commercial matters. Commercial lawyers and insolvency specialists may find this useful as a refresher.
Daniel is a litigation partner at Chapman Tripp. As well as New Zealand, he is admitted in New York and England and Wales.
Daniel is recognised as a leading litigator in several international directories, with Legal 500 describing him as “excellent in landmark cases” and Who’s Who Legal describing him as “a really excellent advocate”.
He regularly appears as a barrister and solicitor in significant commercial litigation before New Zealand courts and arbitral tribunals, and has experience as an arbitrator.
Daniel is an adjunct lecturer at Victoria University of Wellington, where in 2013 he teaches civil procedure
Jeremy is a litigation lawyer who has appeared at all levels of the New Zealand court system in a wide range of disputes, and represented clients in mediation and negotiation.
Jeremy’s recent restructuring and insolvency experience includes advising the receivers of a large failed finance company in claims against the company’s directors and auditors; advising receivers appointed on the FMA’s application to entities under investigation; and acting in liquidation and bankruptcy proceedings.
Before joining Chapman Tripp in 2012, Jeremy was a Judge’s Clerk at the Court of Appeal