Alert Message

Insolvency Law

Whether you're seeking litigation support or looking to protect your interests, we provide practical, responsive advice backed by proven courtroom capability.

Why Canterbury Legal

At Canterbury Legal, we understand that insolvency isn't just about advisory work - when disputes arise, strong litigation capability makes the difference between recovering value and accepting losses.

Our team combines deep local knowledge of the Canterbury and wider South Island commercial landscape with significant litigation experience, including international expertise in cross-border enforcement and complex creditor disputes.

Who we help

1

Insolvency practitioners seeking litigation support

2

Directors navigating financial distress

3

Creditors looking to protect interests

The insolvency landscape is challenging, but with the right legal support, it can be navigated successfully.

Rapid change


New Zealand's insolvency law is experiencing its most significant period of change in over 30 years. The combination of legislative reform, rising insolvency numbers, and important case law developments creates both challenges and opportunities for those operating in this space.

Direct Impact


For insolvency practitioners, the extended claw-back periods and director identification systems will enhance recovery prospects. For directors and advisors, the changing landscape heightens the importance of early professional advice and proper documentation of decision-making.

Solid Support


At Canterbury Legal, we're committed to helping our clients navigate these changes with clarity and confidence. Insolvency is often a difficult process, but with strategic legal support and a clear understanding of the evolving legal framework, better outcomes are achievable.

Frequently Asked Questions

Insolvency litigation refers to the legal work arising from an insolvent entity’s estate – e.g., clawing back transactions, holding directors to account, enforcing offshore assets.

Generally within two years before liquidation under the Companies Act; earlier if special circumstances or related-party transactions apply.

We offer initial strategy review at no cost; engagements tailored to risk/return with transparent fee structures and alignment with outcomes.

Yes — we have NZ-wide capability and strong national networks, while delivering the regional accessibility and responsiveness of a South Island firm.

Submit a brief case summary via our online form (name, firm, role, short description). We will analyse and offer a 30-minute strategy review.

 

Thought Leadership

Screenshot 2025 11 28 at 6.06.47 am

What's behind the increase in insolvencies?

The statistics are stark. 1,974 company liquidations - a significant increase, making it one of the busiest insolvency years since the Global Financial Crisis.

Screenshot 2025 11 28 at 6.05.34 am

Major reforms explained

Minister Andrew Bayly has announced the most comprehensive reform of New Zealand's Companies Act in its 30-year history, with direct implications for insolvency practice.

Screenshot 2025 11 28 at 6.03.48 am

What's ahead: Trends for 2026

As we look toward 2026, several trends are likely to shape the insolvency landscape: we cover off what this could mean for you.

Find out more about our insolvency practice or request to discuss a specific matter.

Contact Form
Canterbury Legal Building
Level 2, Durham Street South
Christchurch Central 8011
Phone: +64 3 377 0792
Fax: +64 3 377 0795
Stay up to date with the latest in the law and at Canterbury Legal with our Legalchat newsletter.

Read previous issues of Legalchat
Copyright 2025 © NZ Legal trading as Canterbury Legal - All Rights Reserved