I want you to win and will leave no stone unturned until you do.

Noel in 60 seconds

Noel is a specialist in complex turnaround, restructuring and insolvency matters with over 14 years' experience in advising and representing cross-border, financial services and government clients.

He has helped lead some of Australia's most significant cross-border insolvency engagements, including in conducting the first appellate decision in Australia under the UNCITRAL Model Law on Cross Border insolvency (Saad Investments). Noel acts for the foreign liquidators of Centaur Litigation in conducting Australian investigations and litigation and has advised on the Caledonian Bank restructure. Noel also has extensive experience in international judgment enforcement & offshore asset recovery.

Noel currently advises a variety of NSW and Commonwealth government agencies on their financial commitments and exposures. He helps lead HDY's engagement with the Commonwealth Department of Employment in connection with the Fair Entitlements Guarantee Program.

Noel has advised major Australian financial institutions and not-for-profit organisations about lending and restructuring taking into account the unique challenges and profiles of not-for-profit organisations. Noel had primary carriage of HDY's receivership engagement giving rise to the landmark decision of Re Anglican Development Fund Diocese of Bathurst (2015) 336 ALR 372.

Qualifications

  • LLB (Hons), B.Bus

Industry associations

  • Member of the Australian Restructuring Insolvency & Turnaround Association (ARITA)

Noel's Recent Experience

Octaviar

HDY acts for Bentleys Corporate Recovery on all aspects of the liquidation of the Octaviar Group (formerly MFS) and the resulting global litigation. The collapse of Octaviar is one of the country's largest ever liquidations. The formal recognition of the Australian proceedings against Octaviar in the US Bankruptcy Court in New York in 2013 are testament to the significance of the liquidation and its global impact.

Big 4 Australian Bank

Advising on the restructure of a number of significant lending exposures to not-for-profit organisations.

SAAD Group

Acts as the lead Australian adviser for the Cayman Island and English liquidators in the liquidation of Saad Investments which resulted in the first Australian decision on centre of main interest under the UNCITRAL Model Law as adopted in Australia - Ackers v Saad Investments Company Limited.

Noel's Recent Insights

Reforms to address corporate misuse of the Fair Entitlements Guarantee Scheme

  • 24 Jul 2017

The Fair Entitlements Guarantee Scheme provides cover for certain employees who have lost their jobs due to the insolvency of their employer. It is intended to be a scheme of last resort to support...

Insolvency Law Reforms – Update

  • 08 Jun 2017

On 1 June 2017 the Federal Government introduced the Treasury Law Amendment (2017 Enterprise Incentives No.2) Bill 2017 into parliament. If enacted, the legislation will bring a major shake-up...

Not-for-profits under financial stress – what does this mean for you?

  • 18 May 2017

News reports in recent days that the Newcastle Anglican Diocese is facing a $1 million shortfall in this financial year is a timely reminder of the risks facing lenders into the church and not-for-...

Insolvency Law Reforms – how they affect you

  • 10 May 2017

Australian insolvency laws have been criticised for precipitating value destruction and terminal decline in the life of a company.   To address this the Australian Government recently r...