Clifford Chance
Adriano is a Senior Associate in our Global Financial Markets Team (Restructuring & Insolvency).
Adriano regularly acts for sponsors, funds, companies / boards and insolvency practitioners and is experienced in: (1) contentious and non-contentious corporate / financial restructuring, turnaround and special situations; (2) advisory mandates (incl. safe harbour); (3) enforcement and recovery; and (4) formal insolvency appointments (incl. receiverships, voluntary administrations, deed administrations and liquidations).
Adriano is also experienced in general commercial / insolvency litigation matters, regulatory matters and investigations, having acted on a wide range of matters across most Australian State Supreme Courts and the Federal Court of Australia.
Adriano advises on, and works closely with client teams to address, all matters of corporate / financial distress across a range of industries including agribusiness, pharmaceuticals, healthcare, consumer goods, banking and financial services, mining, construction and oil and gas.
Adriano is a committee member on the Turnaround Management Association’s Young Professionals Committee in Western Australia.
- Panthera Finance | Acting for PricewaterhouseCoopers, the Voluntary Administrators of the parent entities of the Panthera Finance Group, one of Australia’s largest debt buyer and debt collection businesses.
- Accolade Wines | Acting for the Sponsors of the Accolade Wines Group on their strategic exit from the Group (and in relation to the restructure of the Group’s AUD $600 million secured debt, operational turnaround strategy and debt-for-equity swap with its Senior Lenders).
- Quintis Group | Acting for the Noteholders (c. USD $350 million) and subsequently, FTI Consulting, the Receivers & Managers of the Quintis Group of Companies, one of the world’s largest suppliers of Indian Sandalwood and related management investment schemes.
- Panoramic Resources | Acting for FTI Consulting, the Voluntary Administrators of the Panoramic Resources Group of Companies.
- Safe Harbour Mandates | Assisting various boards of large / complex corporate groups on multiple (separate) safe harbour mandates.
- Altura Mining | Acting for the Senior Secured Loan Noteholders and KordaMentha, the Receivers & Managers of Altura Mining Limited (ASX: AJM) on the successful sale / recapitalisation of its operating subsidiary / the Pilgangoora Lithium Project to Pilbara Minerals Limited for A$175 million.*
- Virgin Australia | Acting for Deloitte, the Voluntary Administrators of the Virgin Australia Group (on operational matters, security / priority issues and general litigation / disputes) (see also “Lien and Mean — Going Toe to Toe with Contractual, Statutory and Common Law Liens” (2022) 21(9&10) INSLB 114”).*
- Alita Resources | Acting for McGrathNicol, the Voluntary Administrators and Deed Administrators of Alita Resources Limited (Subject to Deed of Company Arrangement) (SGX: A40) in Supreme Court of Western Australia and Court of Appeal proceedings (incl. successfully defending against injunctions, obtaining Corporations Act s 444GA orders on a contested basis and Corporations Act s 445D proceedings) in respect of the sale / recapitalisation of the Bald Hill Lithium Mine.*
- Pindan Group | Acting for Ernst & Young, the Voluntary Administrators and Liquidators of the Pindan Group of Companies (incl. in relation to a parent company letter of support claim) (see also “Parent Company Letters of Support; A Real or False Sense of Security?” (2021) 21(7&8) INSLB 78).*
- BMT Australia | Acting for McGrathNicol, the Voluntary Administrators and Deed Administrators of BMT Australia Pty Ltd on the successful sale / recapitalisation of BMT Australia Pty Ltd by deed of company arrangement (and incl. Supreme Court of Western Australia proceedings for Corporations Act s 447A relief).*
- Carnegie Clean Energy | Acting for KordaMentha, the Voluntary Administrators and Deed Administrators of Carnegie Clean Energy Limited (ASX: CCE) on its successful recapitalisation.*
- Northern Endeavour FPSO | Acting for the Commonwealth of Australia (Department of Industry, Science & Resources) in relation to the collapse of the Northern Oil & Gas Group, the disclaimer of the Northern Endeavour FPSO by the Group’s Liquidators, and the Supreme Court of New South Wales proceedings between the Commonwealth of Australia and the Group’s Secured Lenders.*
- Forge Group | Acting for Ferrier Hodgson / KPMG, the Liquidators of Forge Group Limited (ASX: FGE) in one of Australia’s first “mothership proceedings” for the recovery of unfair preferences (see Jones (as Liquidator of Forge Group Ltd) (Receivers and Managers Appointed) (In Liquidation) v Sun Engineering (Qld) Pty Ltd [2017] WASC 195) and separately in relation to an insider trading investigation (incl. public examinations).*
- Banking Royal Commission | Acting for the Commonwealth Bank of Australia and BankWest on the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (incl. assisting with subsequent ASIC investigations).*
- Mesa Minerals | Acting for Pitcher Partners, the Deed Administrators of Mesa Minerals Limited (Subject to Deed of Company Arrangement) in successful recovery / plaintiff summary judgment proceedings in the Supreme Court of Western Australia (see Hughes v Xie [2020] WASC 220).*
- Enforcement Mandates | Acting for a fund client in Supreme Court of Western Australia Proceedings for the recovery of a c. $3 million debt and appearing as junior counsel in subsequent, related bankruptcy proceedings (see Wilson v Arwon Finance Pty Ltd [2021] FCA 1052).*
- Other | Acting in State Supreme and Federal Court matters (incl. director duties claims, shareholder oppression claims, debt recovery matters, unfair preference / uncommercial transaction disputes, regulatory matters (incl. environmental, dangerous goods and AML/CTF), investigations, general corporations list matters, public examinations and IPSC s 90-15 / trustee directions matters)
News and client work
Contact details
- Clifford Chance, Perth
- +61 447 064 179
- Email me
- Practice area Global Financial Markets, Restructuring & insolvency