Bankruptcy and Insolvency in NZ
Join us for a comprehensive seminar on bankruptcy and insolvency laws in New Zealand. This seminar is specifically designed for legal and financial professionals who are seeking to deepen your knowledge of the latest regulations and practices plus implications of developments and challenges you face. Walk away with coverage of a wide range of topics, including crypto liquidation and its implications, ipso facto rights and contentious issues in insolvency. WEB235NZA03Z
Description
Attend and earn 3 CPD hours
Chair: Michael Harper, Partner, Chapman Tripp
2.00pm to 3.00pm Cryptopia Collapse: A Crypto Liquidation in NZ
- What, when, how: describing the demise
- Unique insolvency topics faced in a cryptocurrency liquidation
- What it means to be a creditor in a cryptocurrency liquidation
- Specific insolvency issues faced by the liquidators
- Learnings to take from both a creditor and insolvency professional lens
Presented by Chloe Jolliffe, Special Counsel, Anthony Harper
3.00pm to 4.00pm Ipso Facto Rights in Insolvency Scenarios
- Due diligence is more important than ever!
- How should you ensure that your contracts provide a clear right to terminate for reasons other than insolvency
- Impact of Australian ipso facto regime on New Zealand businesses
Presented by Bridgette White, Barrister, Bankside Chambers
4.00pm to 4.15pm Break
4.15pm to 5.15pm Contentious Insolvency Issues
- Claims for breach of directors’ duties
- Other claims against directors / shareholders
- Voidable transactions and charges and transactions at undervalue
- Other claims against third parties
- Costs in relation to claims in insolvency
- Tips when advising clients
Presented by Patrick Glennie, Senior Associate and Nicole Thompson, Senior Associate, Dentons Kensington Swan
Learning Objectives:
- Gain a comprehensive update on the most recent changes in bankruptcy and insolvency
- Learn about the Cryptopia collapse and its impact on insolvency
- Analyse various contentious issues and understand how you can advise your clients correctly in such situations
- Benefit from insights into ipso facto rights in insolvency situations and what it means for your client
Presenters
Michael Harper
Michael is one of New Zealand’s experienced restructuring and insolvency advisors and co-leads our Restructuring & Insolvency team. Focusing solely on restructuring and insolvency, he brings an unrivalled depth of knowledge and expertise to any distressed situation. For more than 15 years Michael has acted for all of the major New Zealand banks, significant insolvency practitioners, distressed companies, distressed debt and special situations participants, and acquirers of distressed assets and directors. An acknowledged market leading advisor to distressed boards of directors, Michael regularly advises companies facing complex legal, regulatory and reputation challenges of insolvency. His experience includes advising boards of NZX-listed companies, high profile private enterprises, as well as a number of venture capital and private equity companies. Michael is recognised as a Band 1 lawyer in Chambers Asia Pacific 2020, a leading individual in Legal 500 Asia Pacific 2020 and as highly regarded by IFLR 1000 2020.
Chloe Jolliffe
With over 16 years of experience, Chloe specialises in corporate recovery and insolvency. Her clients include financiers, banks, insolvency practitioners, and the Official Assignee. She enjoys the complexity involved in her work and has a keen interest in debt recovery. Chloe has been recognised as a rising star in Asia Pacific Legal 500. She endeavours to be responsive, pragmatic and considerate of the needs of her clients.
Bridgette White
Bridgette is an experienced commercial, regulatory and insolvency litigator. She has expertise in complex contractual and commercial disputes, regulatory investigations, enforcement activity and prosecutions (including by the Serious Fraud Office, Commerce Commission and Financial Markets Authority), fair trading and consumer protection claims as well as insolvency claims (including breaches of directors' duties). Throughout her career, Bridgette has acted on a range of high-profile cases and investigations across a diverse range of industries, including agricultural, manufacturing, construction, consumer and financial markets. Before joining Bankside, Bridgette was a senior litigator at Russell McVeagh. She has appeared in the District and High Courts and the Court of Appeal (as both sole and junior counsel) and has experience in mediations and arbitrations. Bridgette is recognised as a leading insolvency and restructuring lawyer in New Zealand by Best Lawyers 2024 Guide.
Patrick Glennie
Patrick Glennie is a senior associate at Dentons Kensington Swan and specialises in restructuring and insolvency work alongside more general commercial litigation. Patrick moved to Dentons Kensington Swan in 2019 having previously qualified and practised in Scotland. He is rated as a ‘rising star’ by IFLR1000.
Nicole Thompson
Nicole Thompson is a senior associate at Dentons Kensington Swan. Nicole works on general commercial disputes and insolvency matters. Nicole joined Dentons in early 2021, and previously worked in-house at a bank in the United Kingdom and at another national law firm in New Zealand.