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Insolvency

Having a top tier insolvency group (Asia Pacific Legal 500, 2004-2007), Simpson Grierson has considerable experience in all aspects of insolvency law and advises many of the major banks and financial institutions as well the major accountancy firms.

Our advice covers all relevant issues including creditors compromises, appointment of receivers and liquidators and their powers, priorities, sale and purchase of property subject to receivership or liquidation, securities and insolvency risk.

Most recently Simpson Grierson played an integral role in the largest corporate insolvency of Australasia to date - the collapse of HIH Insurance Group. We advised McGrath Nicol + Partners (NZ) Limited (formerly KPMG) as liquidator of HIH Insurance Holdings (NZ) Limited on the realisation and distribution of the New Zealand assets.  

 

Involvency Cases