RITANZ Auckland Networking Event – July 2022
July 13 @ July 13 - July 13
Topic: Insolvency and Trusts – a refresher on the principles and a review of some recent cases
The preferred form of creditor protection or debtor avoidance in New Zealand is the humble trust. Trusts have also become a common vehicle through which trade is conducted.
This seminar will provide a refresher on the principles that lawyers and insolvency practitioners who are dealing with insolvent trusts need to be aware of.
We will cover:
the relevant changes to the law arising from the Trusts Act 2019 including creditors’ rights with respect to the trustee’s indemnity ;
insolvency of trustees and distribution of indemnity proceeds;
some recent cases which might provide alternative avenues for recovering against the assets of the trust or associated individuals.
Presenters: Mike Whale, Jennifer Tunna and Kerry Puddle – TWA Legal Limited
Mike is a Director at TWA Legal Limited. He has extensive experience across corporate, commercial, banking, securities, restructuring and insolvency law. With Paul Heath QC, Mike is co-consulting editor of Heath and Whale on Insolvency and is recognised as a leading practitioner in most of the main legal directories.
Jennifer is a Director at TWA Legal Limited. She is recognised and recommended by leading legal directories such as Chambers and Partners, Legal 500, IFLR1000 and Doyles for her expertise in the restructuring and insolvency space. Jennifer has broad experience as a corporate and commercial lawyer and nearly 20 years’ experience with leading firms in New Zealand and the United Kingdom.
Kerry has joined TWA Legal Limited this month as Special Counsel, having previously worked with all of the TWA directors. Kerry is an experienced commercial litigator with an interest in and experience dealing with various legal issues relating to insolvency and trusts.
Wed, 13 July 2022
Presentation 4:40pm – 5:30pm
Refreshments and networking from 4:30pm to 6:30pm.
Note the bar will be closed at 6:30pm sharp and the host venue will need to be vacated by 7pm at the latest.
Complimentary for RITANZ Members
Chartered Accountants ANZ Members $40.00 plus GST
Law Society Members $40.00 plus GST
NZCFI Members $40.00 plus GST
Standard (casual attendance) $50.00 plus GST
How to register:
Registration is required – invitations will be sent in the first week of July.