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Buddle Findlay

PWC TOWER, 188 QUAY STREET, AUCKLAND 1010, NEW ZEALAND
Tel:
Work +64 9 358 2555
Fax:
Fax +64 9 358 2055
Email:
Web:
www.buddlefindlay.com

Scott Abel

Tel:
Work + 64 9 357 9387
Email:
Web:
www.buddlefindlay.com
Buddle Findlay

Work Department

Restructuring and insolvency

Position

Partner. Scott specialises in insolvency and debt restructuring, general banking, and specialist personal property security and credit recovery advice. For details about Scott's work highlights see here - www.buddlefindlay.com/people/scott-abel.

Career

Scott advises and has acted for domestic and foreign banks, financial institutions, insolvency professionals and other organisations on receiverships, liquidations, administrations and workouts. He is particularly recognised by the market for his leading expertise in Personal Property Securities (PPS) law, often advising banks, insolvency practitioners and other firms and barristers on complex PPS matters. He regularly writes and presents papers on a range of insolvency and credit enforcement topics, and is a contributing editor to Heath & Whale on Insolvency, New Zealand's leading insolvency law text. In 2015, he became the first New Zealander to pass the INSOL Global Insolvency Practice Course and be recognised as a Fellow of INSOL International.

Member

• Fellow of INSOL International
• Member of RITANZ (Restructuring Insolvency & Turnaround Association of New Zealand)
• Member of Banking & Financial Services Law Association
• Contributing editor to Heath & Whale on Insolvency

Education

• BA/LLB (Hons) (University of Auckland)
• Admitted New Zealand 1998
• Admitted England and Wales 2003


New Zealand

Banking and finance

Within: Banking and finance

Buddle Findlay has 'a very, very strong finance practice, in which all of the partners are excellent in their own right and together make a formidable team'. One client notes that the firm is 'efficient and commercial in its approach and very good value for money'. The 'efficient, accurate and cost-effective' Paul Farrugia leads the team from Auckland, where key partners Miriam Andrews (who is 'a great asset - commercial, responsive and collaborative') and Peter Owles (who is 'exceptionally smart and a "go-to" person for any complex, structured transaction') are highly recommended. Farrugia and Andrews acted for Bank of New Zealand and ANZ Bank New Zealand in the provision of a NZ$100m syndicated loan to Xero Limited. Owles acted for ANZ Bank and a syndicate of banks in the restructuring of retirement village operator Summerset group's NZ$600m syndicated loans. Insolvency partners David Perry and Scott Abel also play key roles in the practice. New arrival from DLA Piper New Zealand Terence Ng brought his market-leading Asia practice to the firm in early 2018. 'One of the top senior associates in the market', Daniel Collins, joined from MinterEllisonRuddWatts. Simon Jensen in Wellington is president of the Banking and Financial Services Law Association.

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Restructuring and insolvency

Within: Leading individuals

Scott Abel - Buddle Findlay

Within: Restructuring and insolvency

Buddle Findlay has a ten-partner team across three offices which blends insolvency expertise and litigation experience to create one of the deepest practices in New Zealand. It counts Bank of New Zealand, ANZ Bank, ICBC, KordaMentha, PwC, McGrathNicol, Deloitte and Grant Thornton among its key clients. For administrator and liquidator KordaMentha, the practice handled the NZ$550m administration and subsequent liquidation of companies in the Solid Energy Group. David Perry and Scott Abel in Auckland led that deal, with support from experienced litigator Laura O’Gorman. Litigator David Broadmore and special counsel Myles O’Brien are also recommended. In Wellington, Scott Barker is a key practitioner and peers also speak highly of Sebastian Bisley, who acted for a group of creditors, including Callaghan Innovation, in an application to set aside a creditors' compromise obtained by Trends Publishing, which resulted in a favourable decision in the High Court. In Christchurch, newly promoted partner Kelly Paterson specialises in commercial litigation, with a focus on insolvency.

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