Stephen Lloyd is a partner in the firm’s dispute resolution & litigation practice with a particular focus on insolvency litigation and commercial contractual disputes, as well as regulatory investigations and white collar defence work.
Stephen’s practice focuses on the following areas:
- insolvency and restructuring advice and litigation
- commercial litigation and dispute resolution, and
- regulatory investigations and white collar defence work.
Stephen has acted on a range of matters, including on behalf of:
Restructuring & insolvency
- the Administrators of Arrium Limited, including:
- in a seminal Personal Property Securities Act case regarding the validity of a creditor’s security interest in a $23 million piece of mining equipment leased to an Arrium company
- in an application seeking orders limiting the Administrators’ personal liability for hundreds of millions of dollars of debts incurred during the Arrium administration, and
- as a general adviser to the Administrators on matters concerning the complex administration, including issues relating to the sale of the Arrium steelmaking and steel distribution business.
- Spicers Limited: in a capital restructuring involving a trust scheme and share issue
- the Commonwealth of Australia seeking to recover amounts from insolvency practitioners under the FEG scheme, and
- financial guarantors: in a refinance and restructuring of Reliance Rail’s debt portfolio.
Dispute resolution & litigation
- Australian credit card payments technology entrepreneurs: in a claim against a major credit card network operator regarding anti-competitive conduct
- a major international bank: in relation to defending a claim by senior executives for severance pay and bonuses
- a leading coal producer: in various disputes involving complex logistics and supply agreements
- an investment fund: in disputes regarding the control of its Australian assets
- the former directors of Babcock & Brown companies: in litigation relating to complex financial transactions
- an advisor to the former MFS Group: in litigation brought by the MFS liquidator, and
- a leading coal producer: in disputes relating to access pricing.
Regulatory investigations & white collar defence
- executives: in regulatory and criminal investigations, including foreign bribery investigations
- a company investigating and freezing the assets of a fraudulent employee
- a company unwinding a massive international fraud, and
- various companies in relation to ASIC compulsory document production and examination notices.