Receivership services

Receivership services

Receiverships allow secured creditors to protect their position

A secured creditor is able to appoint receivers over a debtor and its assets in certain circumstances, usually as a result of non-payment.

The primary function of a receiver is to secure the situation and realise the assets of the debtor in an efficient manner for the secured creditor, although the receiver holds certain duties to all creditors.

Our approach in receiverships is inclusive, practical and pragmatic.  We are known for providing innovative realisation strategies to maximise the financial return.

It is often the case that a debtor’s most valuable asset is its business, and we can preserve this asset by continuing to trade on the business with a view to its sale as a going concern.

We’ll work with you to resolve the situation – contact one of our experts now.

We understand the importance of customer relationships, and are able to assist with independent debtor reviews, debtor workouts and asset selldowns outside of receivership.

We have a team of licensed insolvency practitioners and industry experts who hold specialist experience in a range of sectors and in working with all stakeholders to maximise the financial return and ensure a successful outcome.

Services

Choose your location for better results

Make an Enquiry

Find a business recovery expert

Reckless Trading 500x500
03 Sep 2024

The rise of zombie businesses: Why it’s no time for reckless trading

In the depths of the boom/bust cycle that started with Covid, businesses are doing it tougher than they have for years.

Business Recovery and insolvency 500x500 opt3
04 May 2023

A brief look at business recovery and insolvency

Every business owner starts out with dreams of success and wealth. Unfortunately, it’s not as easy as it seems and many businesses run into trouble at some stage in their life cycle.

Creditor compromise 500x500
04 Apr 2023

Creditor compromises: A guide for companies

Even profitable and viable companies can find themselves unable to pay their creditors. This can be due to a variety of reasons, such as the failure of a major customer, unprofitable contracts, employee theft, lengthy litigation and, unfortunately, a pandemic or extreme weather events.

Statutory Demands 500x500
21 Mar 2023

How Statutory Demands enforce debt payment

We speak to Philip Macey of our Taranaki office about the use of Statutory Demands to recover debt and their role in liquidations…

Business failure 500x500
01 Mar 2023

Early intervention brings best chance of revival

If times are tough, would you recognise when your business needs external help? Here, we highlight why businesses fail, the warning signs and the options when recovery is becoming tenuous or impossible.

StretchSense 500x500
06 Dec 2022

The story of a business plucked out of the fire

There aren’t a lot of successful voluntary administrations when New Zealand businesses are struggling, but occasionally one of them lives to fight another day. One such business – StretchSense, came under the guidance of Baker Tilly Staples Rodway.

Business Recovery and insolvency 500x500 opt1
11 Aug 2022

Helping businesses that are insolvent or at risk

It’s been a lean couple of years for some amid COVID-19 restrictions, geopolitical issues and rising inflation and interest rates, but we can help if your business is faltering.

Construction Challenges 500x500 July 22
19 Jul 2022

Knotty time for building and construction

The building and construction sector has come under significant pressure in recent times. Auckland associate director Asheel Bharos looks at the statistics and challenges, and how those in the industry can help safeguard their business.

coalface-500x500.jpg
27 Jul 2020

The Government Business Finance Guarantee Scheme - at the coalface

The Business Finance Guarantee Scheme was effective from 1 April, introduced in response to the COVID-19 economic downturn. While great in theory, when you delve into the detail, it's less useful than might first appear.

Business-Migrants-500x500.jpg
23 Jul 2020

The changing landscape for New Zealand business migrants

Andrew Sayers recently joined Baker Tilly Staples Rodway Waikato. In a former role Andrew was Managing Partner and International Liaison Partner of a large Australasian accounting firm.

strategies-500x500.jpg
23 Jun 2020

Strategies to survive a downturn

As we all know, there is significant global economic uncertainty as countries deal with COVID-19, and the steps taken to control it. Most countries are expecting to enter recession, if they are not in one already.

Restructuring-Redundancies-500x500.jpg
19 Jun 2020

Restructuring and redundancies

Many businesses are facing unprecedented times and have been forced to consider if they can continue to operate in the same manner as before.  

Our website uses cookies to help understand and improve your experience. Please let us know if that’s okay by you.

Cookies help us understand how you use our website, so we can serve up the right information here and in our other marketing.