Alistair practices in corporate restructuring and insolvency and commercial litigation. His skill set includes front-end transactional restructuring, all aspects of insolvency advice, and insolvency-related litigation.
Alistair acts for restructuring and turnaround professionals, insolvency appointment holders, financiers and debt holders, equity interest holders and hedge funds on all aspects of financial distress, and insolvency and special situations.
He acts on the company, buy, sell or exit side depending on the mandate and both domestically and cross border, with particular experience in Asia having worked in Hong Kong, where he is also admitted to practice. He also acts across most industry sectors, including mining, oil and gas, electricity, agribusiness, healthcare, property and aviation.
Alistair is known for his ease of working with, calmness in a crisis, ability to cut through complexity, strategic thinking, and his strong outcomes focus.
Alistair is also a regular guest lecturer at the University of Western Australia Business School in the MBA program on distressed finance.
Work highlights
Virgin Airlines Restructure
Administrators of Virgin (Deloitte) in the restructure and sale of Virgin Airlines to Bain Capital, one of the largest restructures in Australia, including in relation to maintaining Australia operations and security disputes.
Altura Mining
Receivers (Korda Mentha) of Altura Mining, an ASX-listed lithium miner, in a restructure with secured senior note holders including Carval, Clearwater and Nomura,involving the sale of Altura’s Pilgangoora lithium project in Western Australia to Pilbara Minerals for A$200m.
Alita Resources
Deed Administrators (McGrath Nicol) of Alita Resources, an SGX lithium miner, in relation to a contested $300m debt restructure and sale of its lithium mining business to Mineral Resources Limited.
Tiger Resources
Teichmann Group (South Africa) in relation to the contested $200m restructure of Tiger Resources, which holds and runs a copper mine in the Congo in Africa. This included the successful Court of Appeal decision in relation to setting aside a s 444GA order, now the leading authority.
Skyfame Realty Holdings
Convertible bondholders (including Bank of America Merrill Lynch and hedge funds Avenue Partners, DKR Oasis Capital Management and PMA Investment Advisers) in relation to the restructure of a US$200m debtand restoration of securities. Skyfame was a property developer of luxury hotels including the Westin.
Metalform Group
Bondholder group including investment bank Goldman Sachs and Unitas Capital in relation to the restructure of the Metalform Group debt of US$120m.