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Insolvency - key developments

Insolvency - key developments
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Corporate insolvencies will be an unfortunate by-product of the financial stress brought about by the COVID-19 pandemic. In these unprecedented times, it is useful to examine the law changes that have been prompted by the pandemic and to discuss other recent developments in the corporate insolvency landscape.

This seminar will include:

  • The “safe harbour” provisions, which are intended to provide some relief from the strict operation of the directors’ duties in ss 135 and 136 of the Companies Act 1993
  • The operation of the “debt hibernation” scheme – how useful will it be in practice and what are the implications for guarantors and others?
  • Statutory and case law developments in the law relating to insolvent transactions.

Learning objective

By attending this seminar you will:

  • Gain up to date knowledge of these key developments.

Who should attend

All lawyers who wish to obtain working familiarity with these topics.

Paper

A short paper, in PDF format, together with a copy of the powerpoint presentation will be emailed out prior to the seminar.

Times

  • 4.00pm - 6.00pm

Fee (incl GST)

In Short

  • $125 - NZLS members and Associate members
  • $175 - Non-members
  • Live web stream group pricing available! Click here

Do you want to register more than one person for this course? Click here
Download registration form

Live Web Stream 16 June

Presenters

Digby Noyce pic WEB EDIT Digby Noyce
Director, RES Corporate, Auckland

Digby is a Chartered Accountant and RITANZ accredited insolvency practitioner with over twenty five years experience in insolvency and business recovery. He started RES Corporate, a specialist insolvency practice, in 2008. Digby has extensive experience across a wide range of industries and accepts appointments from shareholders, banks, creditors and secured lenders. He is able to utilise his commercial experience to maximise recovery. Digby has undertaken actions to recover insolvent transactions, for breaches of directors duties and to recover amounts owed by directors and shareholders on current account. He has particular expertise in turnaround strategies, including formal and informal compromises with creditors.


Howard Thompson WEB EDIT Howard Thompson
Partner, McMahon Butterworth Thompson, Auckland

Howard is a commercial lawyer and partner at McMahon Butterworth Thompson, an Auckland law firm. He has over twenty five years of commercial legal experience, including considerable experience in insolvency law. Howard has built a career in transactional, advisory and dispute resolution work, and advises clients on a wide range of insolvency law, company law, contract law and other commercial law issues. In insolvency law, his experience includes acting for and advising insolvency practitioners and others on a wide range of matters, including priority issues among secured creditors, insolvent transactions, prejudicial dispositions under the Property Law Act 2007, directors’ duties and the duties and powers of liquidators, receivers and administrators. Howard regularly appears as lead or sole counsel in New Zealand courts at all levels.

Cancellation and refund policy

If written notice of cancellation of a registration arrives before the day of the seminar we will refund the registration fee, less an administration fee of $40. If you are unable to attend, you may send a substitute - to correctly assign CPD credit, CLE must be notified in advance. NZLS CLE Ltd reserves the right to cancel or reschedule seminars if necessary.

 
CONTACT
INQUIRIES
freephone (within NZ)
0800 333 111

EMAIL 
[email protected]

PHONE
04 472 7837

FAX
04 463 2986
 
ADDRESS
NZLS CLE Ltd
Level 4, 17-21 Whitmore Street
Wellington 6011

DX SP 20202
PO Box 5041
Wellington 6140
New Zealand