Topic: The Mainzeal Supreme Court decision
Mainzeal decision released by Supreme Court and calls for review of director duties escalate. We will consider the decision and potential paths to reform. We will look at how Australia’s safe harbour framework has operated in practice, the outcomes of the 2021 review and recent Parliamentary Joint Committee recommendations for further refinement.
Presenters:
Matt Kersey, Partner, Russell McVeagh
Matt is a restructuring and insolvency specialist with 30 years of experience in practice in New Zealand, the UK and Australia. He leads Russell McVeagh’s restructuring and insolvency practice. He acts on domestic and cross-border matters and appears as counsel in contentious matters. He has been involved in many significant restructuring and workout matters in New Zealand and abroad.
Matt served on the RITANZ board between 2015-2021 and was the chair of the Regulatory Affairs committee. He is an author of Heath and Whale on Insolvency and a member of the Editorial Board of International Corporate Rescue journal.
Alex Smith, Partner, K&L Gates
Alex Smith has over 20 years’ experience working on restructuring and insolvency matters across a wide range of industries and sectors including real estate, energy, infrastructure, construction, automotive, technology, retail, leisure and financial services. She prides herself in providing practical and commercially driven legal and strategic advice to lenders, investors, creditors and companies in relation to formal insolvency situations, security and debt enforcements, standstill arrangements and consensual restructurings. She acts for liquidators, receivers and administrators of insolvent companies.
Katherine Smith, Special Counsel, K&L Gates
Originally admitted in New Zealand, Katherine Smith is an experienced restructuring and insolvency lawyer advising clients about contentious and non-contentious aspects of corporate insolvency, bankruptcy and recoveries, including examining antecedent transactions, securities enforcement, and investigations, and providing strategic advice to creditors and insolvency practitioners in relation to the tracing and recovery of funds.Katherine’s most recent significant matter involved advising liquidators appointed to a financial services business as to the distribution of client assets of over AU$250 million. This was a multifaceted cross border insolvency project working with a variety of stakeholders to ensure delivery of time critical advice. Another recent cross border matter in which Katherine has taken a lead role involved advising administrators appointed to four ASX/NSX listed entities in the life sciences industry.
Date:
Wed, 13 September 2023
Time:
Registration: 4:00pm
Presentation 4:40pm – 5:30pm
Refreshments and networking from 4:20pm 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.
Venue:
Russell McVeagh
Vero Centre
Level 30, 48 Shortland Street, Auckland CBD
Pricing:
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 – RSVP here