The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon
LEVEL 5, BAYLEYS HOUSE, 30 GAUNT STREET, PO BOX 3797, AUCKLAND 1140, NEW ZEALAND
Tel:
Work +64 9 921 6000
Fax:
Fax +64 9 921 6001
Email:
Web:
www.maynewetherell.com

New Zealand

Banking and finance
Banking and finance - ranked: tier 1

Mayne Wetherell

Mayne Wetherell is 'up there with the best in the market' and is known as a top performer in areas such as securitisation, structured finance, capital markets, leveraged finance and syndicated loans. The four-partner practice, which is led by acquisition financing and special situations expert Will Tipping, is on the panel of New Zealand's leading banks, including ANZ and ASB. It is also the main provider of banking and finance advice to New Zealand’s largest company, Fonterra Co-operative Group, and counts Auckland International Airport and national electricity grid operator Transpower Limited among its clients. Tipping recently acted for ASB Bank in the provision of NZ$200m in funding to NZX-listed company BIL, which entered into a sale and purchase agreement for the acquisition of TIL. Dave Wetherell recently advised Fonterrra on receivables transactions with BTMU and Westpac. Mei Nah, who focuses largely on securitisation and debt capital markets matters, assisted Eclipx Group on the restructuring of a NZ$460m auto receivables warehouse structure. Daniel Meikle is also recommended.

Leading individuals

Dave Wetherell - Mayne Wetherell

Mei Nah - Mayne Wetherell

Will Tipping - Mayne Wetherell

[back to top]

Corporate and M&A
Corporate and M&A - ranked: tier 2

Mayne Wetherell

Mayne Wetherell in Auckland handles high-end domestic and international M&A transactions and has particular strength in inbound investment matters for large corporates, institutional investors and private equity firms. Michael Harrod leads the four-partner practice and with key partner Michael Pritchard acted for Eclipx Group in its A$179m acquisition of Grays eCommerce by way of scrip-for-scrip scheme of arrangement. Pritchard and finance partner Will Tipping handled the acquisition of NZ RJs Licorice on behalf of purchaser Quadrant Private Equity. Also recommended are Matthew Olsen, who recently acted for a global fund in relation to its investment in several of New Zealand’s largest private dairy holdings, and Simon Horner, who handled the separation of the Watson & Son business in which Ngai Tahu acquired the honey production assets and the client acquired the functional foods and medical side of the business.

Leading individuals

Michael Harrod - Mayne Wetherell

[back to top]

Restructuring and insolvency
Restructuring and insolvency - ranked: tier 2

Mayne Wetherell

Mayne Wetherell is best known for its strong finance practice, which includes insolvency and restructuring expertise. The firm continues to work on some of the major corporate restructurings in New Zealand, and has been a key player in almost all of the key mandates in the market since the global financial crisis. A notable matter in which it played a major role was the debt-for-equity restructuring of the MediaWorks group, in which the firm acted for both the senior creditors and the agent. Key partner Daniel Meikle recently acted for Deutsche Bank in the refinancing of MediaWorks. Banking and finance partner Will Tipping and capital markets, corporate and restructuring partner Dave Wetherell also play pivotal roles in the practice, which frequently acts for Goldman Sachs, JP Morgan, Sankaty Advisers, Värde Partners and Westpac in special situations investing, credit opportunities and restructuring exercises.

[back to top]


Further information on Mayne Wetherell

Please choose from this list to view details of what we say about Mayne Wetherell in other jurisdictions.

New Zealand

Offices in Auckland

Legal Developments in New Zealand

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • The Zero Carbon Bill - a closer look

    ‚Äč‚Äč‚Äč‚ÄčThe long-awaited "Zero Carbon Bill" was finally released¬†on 9 May, but despite being greeted by considerable media interest there are a number of significant issues that have yet to come to the fore.
  • A link tax in New Zealand?

    ‚Äč‚Äč‚Äč‚ÄčA controversial payment to publishers for content in Europe has implications for New Zealand ‚Äď despite escaping mention in a recent paper that set out the key issues for review for our own copyright laws.
  • News media exemption under the Privacy Act: now a matter of "responsibility"?

    The role of the news media as the "eyes and ears" of the public, and the corresponding right of such news media to be exempted from the Privacy Act 1993 ( Privacy Act ), is entrenched and well accepted. However, the extent to which the news media exemption applies to non-traditional forms of "news" published by "civilian journalists", such as online commentary and blogs, is a hotly debated subject.
  • Derivatives Margin Bill a step closer to becoming law

    ‚Äč‚Äč‚ÄčIn an article in February this year, we reported on the introduction into Parliament of the Financial Markets (Derivatives Margin and Benchmarking) Reform Amendment Bill (the Bill ).¬†
  • Climate-related risk highlighted in Reserve Bank Act review

    The role of the Reserve Bank in assessing and responding to the risks climate change poses to financial stability features in the current consultation on New Zealand's financial policy framework. Inclusion of climate change as part of the wide-ranging review of the Reserve Bank Act is further evidence of the growing trend towards climate-related risk reporting and disclosures.
  • Taxation of the Digital Economy: update

    ‚Äč‚Äč‚Äč‚Äč‚Äč‚ÄčIn early June¬†the Government released a d‚Äčiscussion document on New Zealand's options for taxing the digital economy.¬†
  • Who reads online terms, and does it matter? Lessons from the US

    ‚Äč‚Äč‚Äč‚Äč‚Äč‚Äč‚Äč‚Äč‚Äč‚Äč‚Äč‚Äč‚Äč‚Äč‚Äč‚Äč‚Äč‚Äč‚Äč‚Äč"Any internet user knows, website terms and conditions are burdensomely long. One rarely reads the fine print when they create a social media account, buy an e-book or movie, use a ridesharing service, or download a mobile app."
  • Mandatory reporting requirements soften in Privacy Bill

    The Privacy Bill began its second reading before parliament on Tuesday 18 June. The proposed legislation is set to reshape the privacy landscape and bring New Zealand in line with global trends.
  • Overseas investment review - phase two released

    On 16 April‚Äč the Government launched its public consultation document on the 'second phase' of its Overseas Investment Act 2005 ( the Act ) reforms (as foreshadowed in our announcement late last year).
  • Digital services tax: what would it look like?

    ‚Äč‚Äč‚Äč‚Äč‚Äč‚ÄčEarlier this year, Prime Minister Jacinda Ardern announced the Government's intention to introduce a new digital services tax ( DST ) that would apply to multinational digital companies operating in New Zealand. ‚Äč