SA Restructuring & Insolvency

Top Tier Law firm

Sydney

Autonomous client facing role

The Role

We currently have an exciting opportunity for a Senior Associate to join a Top Tier award winning Restructuring and Insolvency team located in Sydney on a full time basis,

You will have a chance to work with a Partner who is a recognised leader in the commercial litigation and alternative dispute resolution market, specialising in all areas of insolvency and  restructuring in addition to board advisory work regarding Directors Duties and Safe Harbour.

Working closely with the Partner you will work on complex insolvency and restructuring related matters and any general commercial litigation and dispute resolution matters conducted in all jurisdictions in Australia, including making applications for urgent freezing orders, applications for the conduct of public examinations under the Corporations Act 2001 (Cth), debt recovery, director's duties, negotiations, alternative dispute resolution and mediations.

This is a great role for an SA confident in their technical skillset who is looking for autonomy and direct client engagement.

Restructuring and Insolvency Practice Group

Our Clients Restructuring and Insolvency team advises on all aspects of restructurings and insolvencies and has been retained in lead roles in many of the most significant R&I matters in Australia. The multi-skilled nature of our group enables us to provide advice not just on the full spectrum of insolvency and recovery issues, but also on pre-insolvency complex restructurings that preserve the long-term value of businesses for creditors and stakeholders.

Example matters

  • Advising the shareholders and directors in relation to a financial debt restructure and its borrowings with a Debt advisory firm.

  • Lead Advisor of cross disciplinarian team to the board of Arrium Limited on the company's strategic review and $1.2b recapitalisation plan,

  • Advised the directors of X on a range of issues including in relation to the voluntary administration and subsequent deed of company arrangement, approved by creditors to allow a restructure of its business. The matter included our acting for the Deed Administrators in an application to Court for an extension of time to finalise our obligations under the Deed of Company Arrangement.

  • Public Private Partnership (PPP) restructure: Advised and acted with a cross disciplinary team for a State Government and its agencies, in successful negotiations with existing equity investors and financial guarantors which resulted in a financial debt restructure of the transaction (including debt of $2.4 billion).

  • Advised the company on its successful restructuring of $85 million of debt which stabilised X’s finances. This allowed X to commence its turnaround plan whereby X would expand through an organic growth strategy.

  • Advised the Board of X in relation to the $5.1 billion recapitalisation and restructure of  holdings inY & Z.

  • Advised X with a team of specialists on various insolvency issues in connection with the restructure of the acquisition and project finance for the $420m project following the collapse of the Group Y. The restructure involved innovative structuring and utilised a pre-pack voluntary administration process. 

  • Acted for negotiated and advised the voluntary administrators and subsequent Deed Administrators on a Deed of Company Arrangement which lead to a distribution to creditors/unit holders.

Skills & Experience

To be successful in this role, you will have:

·         6+ years' experience as a Solicitor within a restructuring and insolvency/litigation practice

·         Excellent interpersonal and communication skills to build client relationships and maintain positive team environment

·         Strong drafting experience with legal advices, court documents, affidavits, briefs, observations and liquidation examinations would be highly preferable

·         Track record supervising junior lawyers

·         Effective written and verbal communication skills

·         Possess strong client-facing capability and focus

·         A team player with strong time and project management skills

In addition to this, we're looking for a resilient, self-starter. Someone who is able to work autonomously and is focused on attention to detail and providing an outstanding service to their clients.

Contact Chris Meharg on 0414724747 or chris@synergy-search.com.au for further details

Chris Meharg