With a broad roster of clients, the restructuring and insolvency practice at Ashurst assists debtors, secured creditors and funds. The team’s ‘availability’ and ’technical skills’ are appreciated by its clients, which turn to it for support across a range of matters, including corporate distress, distressed investing and formal insolvencies. Practice head James Marshall stands out for his extensive cross-border experience in advising offshore investors into Australia and Australian companies with offshore funders and operations. Melbourne-based partner Ross McClymont draws on more than 25 years of experience and acts in large-scale restructurings and insolvency administrations. Emanuel Poulos is well versed in advising financial institutions on bilateral and syndicated loans and asset-based lending structures. Camilla Clemente is also a notable member of the team. All lawyers are based in Sydney unless otherwise stated.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘Availability, technical skills, billing support (understands that invoices cannot be paid immediately), meets deadlines.’
Key clients
- Boart Longyear
- Toll Holdings
- ANZ
- Ovato
- KordaMentha
- McGrathNicol
- Deloitte
- FTI Consulting
- KPMG
- Cleanaway (SKM)
- Calibre
Work highlights
- Acted as Australian legal advisors to the RSSG team's longstanding client, FTI Consulting (Australia), in respect of Christopher Hill, John Park and David McGraths' appointments as the joint and several administrators of Sun Cable.
- Advised Washington H. Soul Pattinson on providing A$80m of rescue financing to refinance the existing debt and to fund the working capital requirements of Electro Optic Systems Holdings.
- Advised the State of Tasmania in relation to the voluntary administration and receivership of Basslink, which owns and operates an undersea cable that connects Tasmania to Australia's National Electricity Market.
Lawyers
Hall of Fame
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Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
The lawyer(s) leading their teams.
James Marshall