Our services
Liquidation is the most common insolvency process for companies in New Zealand. When a company can no longer pay its debts as they fall due, directors should cease trading as soon as possible to avoid further loss to creditors and shareholders. If the company continues to trade, directors can breach their duties and can be held personally liable for the company’s debts. Putting a company into liquidation is an effective and transparent way to it wind down, providing comfort to directors, creditors and shareholders.
We understand that this process can be overwhelming, not just financially, but emotionally. That’s why we approach every liquidation with empathy, professionalism, and a clear plan. Our team is here to guide you through each step, with clear structure and transparency.
From asset realisation to debt settlement, we manage all aspects of the liquidation process with care and precision. Our goal is to deliver you a resolution that’s not only legally sound, but also respectful of the people involved.
Solvent liquidation is a sensible way for companies to wind down operations when they’re able to meet all financial obligations. It provides a degree of protection from unknown claims or liabilities that can arise after the company has no further use.
Also, capital gains can be distributed tax-free to shareholders upon the winding up of a company, but it requires a safe pair of hands to do this right.
Whether you’ve sold your business and need to distribute the funds, or restructuring your portfolio, or simply closing a chapter, we’re here to make the process smooth and efficient.
You’ll be guided through every step, from legal compliance to asset distribution, ensuring shareholder interests are protected and all affairs are properly settled.
Our team is committed to making the experience as seamless and stress-free as possible.
Receivership occurs when a secured creditor (e.g. bank) takes steps to recover a loan in default. The receiver’s role is to secure and sell assets to repay the securityholder’s debt, with some responsibilities to other classes of creditors, such as finance companies, employees and IRD.
Our team is well qualified in this area, managing the process efficiently and professionally, always with an eye to practical commercial outcomes. We keep securityholders informed of our progress, working quickly to protect assets, maximise recoveries, and resolve financial challenges.
Voluntary administration offers businesses the opportunity to pause, reassess, and restructure, often avoiding liquidation altogether. It’s a lifeline for companies that are fundamentally viable but burdened by debt.
We’re beside you through the entire process, from the initial appointment to the watershed meeting. We help stabilise operations, negotiate with creditors, and develop practical plans for recovery.
Our goal is to help you regain control, protect jobs, and preserve value, with real solutions and real support.
A creditor compromise can be a powerful tool for businesses seeking to resolve financial difficulties without closing their doors. Similarly, individuals can make a formal compromise proposal to their creditors to avoid personal bankruptcy. It’s about negotiation, trust, and finding a path that works for everyone.
We facilitate these agreements with fairness and transparency, working with both companies and individuals, and their creditors to reach practical settlements.
Our team ensures the process is efficient and respectful, helping businesses regain financial stability while maintaining important relationships.
When a person cannot pay their debts, they can be bankrupted either voluntarily or by a creditor applying to court. Bankruptcies are handled by the Official Assignee, which is a government officer.
Directors of insolvent companies often face bankruptcy as a result of guaranteeing business debts, such as loans, finance agreements, leases and supplier accounts. We recognise the stress this puts on people and their families. We provide advice and assistance with negotiating outcomes to avoid bankruptcy.
Sometimes companies and individuals just need help to turn things around, rather than go through a formal insolvency process. This is often the case with tax debt.
We assist with negotiating settlements and payment arrangements with IRD and other creditors. The earlier you seek help, the more options will be available and the greater the chances of avoiding liquidation or bankruptcy.
Our team also provide support to lawyers, particularly where forensic accounting analysis is required. We provide expert reports for Court and can act as expert witnesses.
