Steve is a special counsel in the banking and finance group, where he advises on corporate securities law, corporate restructuring, and corporate insolvency. This sees him regularly acting for prominent corporate insolvency practices when they are appointed as receivers, liquidators, and administrators.
Steve also has considerable expertise in international and domestic capital markets and corporate financing. His experience in these areas includes 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.
- IFLR1000 2010 Restructuring & Insolvency - Leading lawyer
- PLC Which Lawyer? Restructuring & Insolvency 2010 - Recommended Lawyer
- Asia Pacific Legal 500 Banking & Finance 2010 - Leading Lawyer
Examples of Work
- McGrath + Nicol - liquidation of the HIH Insurance Group's New Zealand assets (part of Australasia's largest corporate collapse)
- PricewaterhouseCoopers - receivership of Lombard Finance & Investments
- United States institutional investors - restructuring of US$100 million notes issued by South Canterbury Finance
- Treasury and PricewaterhouseCoopers - receivership of Terralink (the first, and to date only, receivership of a state-owned enterprise)
- Leading (in Singapore and London) the financing of BIL International's successful £627 million cash offer for Thistle Hotels
- US$830 million financing of the Central North Island Forestry Partnership
- $230 million restructuring of Capital Properties' secured debt facilities and hedging arrangements
- US$600 million transferable loan facility for BIL International (then Brierley Investments)
Other Credentials
- Victoria University of Wellington - Honorary lecturer in the Faculty of Law (banking and finance law, and commercial law)
- New Zealand Law Society - Past member, Subcommittee reviewing the Personal Property Securities Act
- New Zealand Law Society - Past member, Committee on Insolvency Law Reform
- New Zealand Law Society - Chair, Continuing Legal Education Intensive on "Business in Trouble"
