Richard has specialised in debt restructuring, corporate insolvency, informal work outs and security enforcement/creditor rights work since 2003. He regularly provides advice in relation to these matters to directors, creditors, distressed investors and many of Australia’s leading insolvency practitioners.
Richard regularly provides advice to directors in relation to the insolvent trading ‘safe harbour’ regime and related restructuring/recapitalisation endeavours and he has had a number of high profile engagements in both the ASX-listed and large proprietary company contexts. His practice also encompasses directors’ duties, advice and litigation under the Personal Property Securities Act 2009 (Cth), creditors’ rights and distressed acquisitions and disposals.
Richard also acts for a number of creditors and financial investors in connection with non-performing credits, distressed acquisitions and sales and the structuring and execution of loan-to-own strategies in both consensual and contested debt restructuring matters.
Richard also acts in relation to regulatory investigations and commercial litigation matters arising out of financial distress.
Richard has published a number of refereed papers in relation to debt restructuring issues. Richard has been named “Lawyer of the Year” for Insolvency and Reorganisation Law in Best LawyersTM Australia 2019 edition. He is also recognised in Best LawyersTM Australia for Restructuring and Insolvency and by Doyle’s Guide in 2015 to 2020 variously as a ‘preeminent’ and ‘leading’ lawyer for this category. Richard has been recognised by Legal500 as ‘a noteworthy name in the Perth market’ and has been awarded the Fellowship by the Australia Restructuring Insolvency and Turnaround Association.
Richard’s experience includes advising: