The Voluntary Administration process has been available in New Zealand since 2007, but it is not as common as liquidation or receivership. It is a procedure for companies who have the potential for rehabilitation, usually with the intention to continue trading. The period of Administration is intended to be short.
The experience of our specialised team allows us to suggest and work through the best outcome for all concerned
As Administrators or Deed Administrators, we will work with your company to maximise the opportunity for you and your creditors to move forward. The experience of our specialised team allows us to suggest and work through the best outcome for all concerned, whether that is through a Deed of Company Arrangement, or the eventual Liquidation of the company.