Waterstone Insolvency

Waterstone Insolvency, based in Wellington, New Zealand, provides expert insolvency services including liquidations, receiverships and voluntary administration for companies in distress and offers consultancy and advisory services.

WHO WE ARE:

• Waterstone has an in-house team of lawyers, providing a unique capability to manage recovery and insolvency appointments effectively.
• Our team has over 16 years of experience in navigating businesses through difficult circumstances, providing pragmatic and informed advice.
• We invest in our team to ensure they have the knowledge and capability to progress appointments effectively, with a strong focus on insolvency law.

WHAT WE DO:

• We specialise in recovery and insolvency appointments, including liquidations, receiverships and voluntary administration, to achieve the best possible outcomes for stakeholders.
• Our consultancy and advisory services provide expert advice to firms in distress or turnaround scenarios, helping them to make informed decisions.
• We also provide expert evidence for court proceedings when required, leveraging our in-depth knowledge of insolvency law.

WHY CHOOSE US:

• Our in-house team of lawyers provides a unique advantage in managing recovery and insolvency appointments, ensuring we can progress cases efficiently and effectively.
• Our expertise in insolvency law and extensive experience in navigating complex business circumstances make us a trusted partner for companies in distress.
• We are committed to providing pragmatic and informed advice, helping our clients to achieve the best possible outcomes in difficult situations.

FAQ
1. What is the process of liquidation?
Liquidation is a process where a liquidator is appointed to take control of a company, with the goal of realising the company’s assets and distributing the proceeds to creditors.

2. How does receivership differ from liquidation?
Receivership is based on a contractual relationship between the borrower and lender and is focused on realising assets for the benefit of a secured creditor, whereas liquidation is a more formal process aimed at winding up a company’s affairs.

3. What is voluntary administration and how can it help a company in distress?
Voluntary administration is a process where a company can be placed into administration, allowing it to restructure and potentially avoid liquidation, with the goal of achieving a better outcome for stakeholders.