Pragma is experienced in providing tailored solutions to special situations with an insolvency lens. We provide tailored solutions and advice for lenders, insolvency practitioners, directors and offers associated with distressed companies.
When a business is in financial distress, considering each stakeholders’ interest and the relevant legal options is critical to optimising the outcome.
Our team has the requisite skills and experience to optimise our clients’ positions. We provide clear, efficient and cost-effective strategies that protect your interests and set stakeholders on the path to financial recovery.
One of our team would be happy to have a confidential conversation with you to discuss any concerns you may have with your business or to assist on preventative measures.
Our recent experience includes:
Advising the purchaser of the Cockatoo Island Iron Ore Mine from Receivers & Managers. This transaction was particularly complex having regard to the equitable lien asserted by the former Receivers & Managers
Advising the liquidators of Showplace Pty Ltd and Oztopia Pty Ltd on mothership unfair preference claims
Advising the voluntary administrators of the Leeuwin Ocean Adventure Foundation, a charitable organisation on the successful recapitalisation of the company
Advising and representing individual and corporate creditors of insolvent companies against whom voidable transaction claims have been brought
Advising a national law firm on the successful resistance of an application to set aside a statutory demand for outstanding fees owed by a former client
Appearing on behalf of liquidators and other interested persons in public examinations
Our practice has worked with Aaron, Nick, Libbi and the Pragma team for a number of years now. They have supported us to successfully navigate and resolve the myriad of complex matters that arise in the engagements we conduct. Pragma’s collaborative approach, coupled with their expertise and high standards are reflected in their outcomes. Their culture is founded on resolving disputes in a cost-effectively manner, which means we can trust them to have our best interests, and those of our stakeholders, in mind when proposing strategies and solutions to legal challenges.
"Nick was great to work with. Concise communication, clear direction. So in terms of pricing, Pragma were extremely efficient and cost effective through the entire process. At the end of the day Pragma were really easy to work with and I look forward to working with them again."
"Aaron, Nick, and the team at Pragma Legal pair professionalism with practicality to achieve desirable solutions. Having engaged, as well as sat on the opposite to the Pragma team, the firm becomes a trusted advisor through understanding circumstances and objectives, whilst applying proven technical and commercial expertise. The team is always accessible, communicates promptly, and provides clarity in an environment fraught with complexity. I wholeheartedly recommend Pragma Legal to assist you in every step of your legal journey"
"Aaron, Nick, and the team at Pragma Legal pair professionalism with practicality to achieve desirable solutions. Having engaged, as well as sat on the opposite to the Pragma team, the firm becomes a trusted advisor through understanding circumstances and objectives, whilst applying proven technical and commercial expertise. The team is always accessible, communicates promptly, and provides clarity in an environment fraught with complexity. I wholeheartedly recommend Pragma Legal to assist you in every step of your legal journey"
"Aaron, Nick, and the team at Pragma Legal pair professionalism with practicality to achieve desirable solutions. Having engaged, as well as sat on the opposite to the Pragma team, the firm becomes a trusted advisor through understanding circumstances and objectives, whilst applying proven technical and commercial expertise. The team is always accessible, communicates promptly, and provides clarity in an environment fraught with complexity. I wholeheartedly recommend Pragma Legal to assist you in every step of your legal journey"
