Michael Langdon

Partner - Banking and Finance

Michael is the national head of the banking and financial services team.

Michael’s expertise lies in banking, financial law, property development, construction finance, restructuring and insolvency. His experience spans domestic and cross-border financings (at both the senior and mezzanine levels) and he acts for local and international banks, mezzanine and other financial institutions, corporates and insolvency practitioners.  He also has experience in the construction, commercial property and agricultural industries.

Michael advises all of the major trading banks (on syndicated and bi-lateral transactions) and many of the mezzanine funders and developers on construction projects and property investments.

An acknowledged strategist and named as a leading insolvency and restructuring lawyer by international directories for his banking and finance work, Michael also advises his clients on restructuring and workouts, selling distressed debt and security, security enforcement and recovery strategies.

Michael advises directors (on issues relating to directors’ duties in a distressed context) unsecured creditors, corporate borrowers on all aspects of financings, insolvency and restructurings.

Professional background

Recent work

Acting for Voluntary Administrators of Dick Smith group

Advised on this high profile cross border insolvency transaction for a diverse group of companies which in January 2016 went into both administration and receivership. This was New Zealand’s largest voluntary administration impacting on a diverse group of stakeholders.

Mainzeal Richina Group Insolvency

We advised the liquidators of 14 companies in the Mainzeal Group in one of the most complex group liquidations to have occurred in New Zealand.

Crafar Farms Receivership

We acted for the receivers appointed by Westpac to 4 related companies that between them operated 22 dairy farms throughout the North Island of New Zealand. This was the largest privately owned dairy farming operation in New Zealand and, in view of the strategic and cultural significance farming has for New Zealand, it attracted substantial media attention.

Admitted

  • England and Wales (1999)
  • New Zealand (1998)

Qualifications

  • LLB University of Auckland
  • BA University of Auckland

Specialisations

  • Corporate Finance
  • Creditor Claims
  • Cross-Border
  • Project Finance
  • Structured Finance
  • Voluntary Administration

Awards

  • Ranked as Highly Reagrded in Restructuring and Insolvency, IFLR1000
  • Ranked as Highly Regarded in Banking & Finance, IFLR1000
  • Ranked as a leading Insolvency and Restructuring lawyer, Chambers Asia Pacific
  • Ranked as a leading Insolvency and Restructuring lawyer, The Legal 500 Asia Pacific
  • Winner - Insolvency Lawyer of the Year New Zealand - Best Lawyers 2015
  • Recognised by Best Lawyers for Insolvency and Reorganisation Law