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Steve Flynn
LLB(Hons)
Special Counsel - Wellington

Areas of Practice
Banking and Finance
Capital Markets
Corporate Insolvency
Local Government Financing
Mining and Natural Resources

Steve has considerable experience in international and domestic capital markets and corporate financing, including commercial paper programmes, transferable loan certificate facilities, bond and note issues, convertible note and capital note issues, syndicated and bilateral financing transactions, and swaps and derivatives transactions. 

Steve advises on corporate securities law, corporate insolvency, receiverships, liquidations and statutory management, acting for prominent corporate insolvency practices when they are appointed as receivers and liquidators. 


  • Leading (in Singapore and London) the financing of BIL International's successful £627 million cash offer for Thistle Hotels
  • £371 million secured bilateral facility for BIL International
  • US$830 million financing of Central North Island Forestry Partnership
  • US$300 million project financing of Sky City
  • NZ$230 million restructuring of Capital Properties' secured debt facilities and hedging arrangements
  • US$600 million transferable loan facility for BIL International (then Brierley Investments)
  • Capital Notes issues involving BIL International, GPG, Capital Properties, Trans Alta and Fonterra
  • ¥25 billion note issues and A$500 million MTN issue for BIL International
  • Acting on the financing aspects of the A$100 million initial public offering of Oceana Gold
  • NZ$67 million equipment leasing and gold hedging restructuring for GRD Macraes (now Oceana Gold)
  • NZ$400 million secured refinancing facilities for Government Property Services
  • NZ$127 million facility for Capital & Coast District Health Board
  • Senior bond facilities for Capital Coast Health and Healthcare Otago
  • Acting on the debt and hedging aspects of the establishment of Contact Energy
  • Acting for the liquidators of the HIH Insurance New Zealand Group (part of Australasia's largest corporate collapse)
  • Acting for the receivers of Weddel New Zealand (part of the Union/Vesty Group)
  • Acting for the Crown (as secured lender), and the receivers, in respect of Terralink (the first, and to date only, receivership of a State-owned Enterprise)
  • Acting for the Crown Observer/Crown Manager of Te Wananga o Aotearoa

  • Victoria University of Wellington - Honorary Lecturer in Law (banking law and commercial law)
  • New Zealand Law Society - Past member of Subcommittee reviewing the Personal Property Securities Act
  • New Zealand Law Society  - Past member of Committee on Insolvency Law Reform
  • PLC Which Lawyer? 2006 - Recommended lawyer
  • IFLR 1000 2006 - Leading lawyer
  • Chambers Global 2006 - Leading individual
Direct Dial: + 64 4 924 3405
Mobile: + 64 21 432 391
Email: Click here to email me
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