Mirabela Nickel Restructuring - An Australian First

by DLA Piper - Amelia Kelly, Partner and James Hewer, Associate The recent restructuring of Mirabela Nickel Limited is the first time under Australian law that voluntary administrators have completed a debt for equity restructuring of a listed company, using legislative provisions which allow them to sell existing shares in a company without the consent of the shareholders. The outcome should be of significant interest to all stakeholders and investors in the Asia Pacific market. Read more