Insolvency And Reconstruction
Pragma helps its clients by providing them with expert personal and corporate insolvency and restructuring advice. We are trusted advisors to creditors, distressed entities, directors and insolvency practitioners.
When acting for insolvency practitioners, our pragmatic approach allows our clients to maximise returns for creditors and shareholders. When acting for creditors, our swift approach allows our clients to maximise their return and protect their interests. When acting for directors, we conduct a careful examination of available statutory defences that may be available to them to maximise their prospects of success.
Our experience includes:
Presently acting for insolvency practitioners in bringing $4M+ contractual claim against principal mining contractor. Arranged for litigation funding for our client to avoid security for costs application.
Enforced judgment in the Federal Circuit Court of Australia by arranging for sequestration (bankruptcy) order to be made and trustee appointed in respect of recalcitrant debtor.
Commenced legal proceedings on behalf of insolvency practitioners to recover monies for unreasonable director-related transaction. Claim resolved for approximately 70% of claim value at mediation conference shortly after commencement of legal proceeding.
Get in touch with the Pragma Legal Team for more corporate insolvency restructuring advice