Ariel’s insolvency experience includes advising insolvency practitioners, creditors, debtors and directors on all aspects of receiverships, voluntary administrations and liquidations. This has included:

• Advising on cross-border insolvency issues
• Providing insolvency advice on various technical issues, including priority disputes, retention of title claims, PPSA disputes, schemes of arrangement, practitioner remuneration and employee issues
• Drafting and advising on deeds of company arrangements and creditors trust deeds
• Advising on pooling arrangements
• Conducting public examinations and voidable transaction claims
• Advising on securities enforcement and realisation
• Advising and implementing the restructure and/or sale of distressed assets.

Some of the significant corporate insolvency administrations in which Ariel has recently acted include:

• The administrators and deed administrators of Ellume Limited
• The receivers of Atlas Car and Truck Rentals, a large rental car business
• The receivers of Amerind Pty Ltd, a manufacturing business
• A large group of clients of BBY Limited, an international stockbroker
• The deed administration of AED Oil Ltd, an ASX listed oil explorer and producer
• The administration and then deed administration of the AEGIS Group, the successful tenderer for the Ararat Prison PPP Project
• The administration and then liquidation of Mowbray College, a non-denominational educational College
• The administration and then deed administration of Fletcher Jones and Staff Pty Ltd, a retail apparel group.