Senior Associate, Auckland
Mace Gorringe
Contact
- Auckland office
- DDI +64 9 363 0697
- M +64 22 162 9532
Profile
Mace specialises in restructuring, corporate rescue, insolvency and general finance. His record includes transactions totalling over $100b.
His career has covered the full spectrum of restructuring, insolvency and finance law, working with insolvency practitioners, borrowers, lenders, companies (and their boards), purchasers, trustees and supervisors, governments and more. He also has significant experience with infrastructure, housing and private M&A.
This broad background gives Mace particular insight into transformational moments for businesses and their funding and financing, especially with complicated capital structures.
Mace has been a guest lecturer at Victoria University of Wellington, teaching project finance as part of Laws 391: Law of International Finance. He edits the Practical Law New Zealand practice note on intercreditor deeds and priority issues, with Thomson Reuters. He has twice been published in the Journal of Banking and Finance Law and Practice.
Work highlights
Assisting insolvency practitioners
on liquidations, receiverships, voluntary administrations, capital restructurings and other workouts, including significant hospitality, property, industrial, tourism and agricultural sector projects
Acting for banks
on a broad range of rescue, restructuring, recovery and enforcement matters, with a particular interest in the primary and construction sectors
Acting for a global asset manager
on restructuring property development investments in New Zealand, included structuring and implementing packaged credit bids
Helping a well-known global brand
in a sunset industry with a transformative reorganisation and refinancing, implemented in England by two parallel schemes of arrangement
Advising a large construction principal
on mitigating its exposures to multiple insolvencies across New Zealand, including work on contractual and insolvency set-off, construction contracting, retentions, performance bonding and general strategies to protect its interests
Assisting a significant European intergovernmental organisation
with its euro debt crisis bailout programme for a country in Europe (co-invested with another global organisation)