Insolvency

Corrs delivers a complete range of reconstruction and insolvency services to clients in all Australian jurisdictions - and across state and territory borders - seamlessly and efficiently.

Corrs' nominated litigators are experienced in all aspects of insolvency from informal corporate recovery and workout initiatives to formal receiverships, administrations and liquidations.

Through our affiliations with leading specialist insolvency and accounting firms, we are able to recommend those which can best service a clients business and circumstances. We also have affiliations with international workout specialists and lawyers in relation to international insolvency.

Corrs' clients include banks, major accounting firms and specialist insolvency practitioners, as well as directors and creditors of insolvent companies.

Our lawyers have acted in some of the largest corporate insolvencies and reconstructions in Australia in recent years, including acting for the administrators of Ansett Australia and for Epic Energy, Philippine Airlines and other corporations undergoing restructuring and rehabilitation. Corrs acted for Lucent which was owed over A$1 billion following the collapse of One-Tel Limited. We also continue to advise APRA in relation to HIH.