From early assessment through to formal appointment, our approach is focused on protecting value, reducing cost, and delivering better outcomes.
For Accountants & Lawyers
McDonald Vague is a specialist insolvency and restructuring practice delivering commercially grounded recovery outcomes. We return over $20 million to creditors each year – measurable evidence of a disciplined, strategy-first approach.
As Chartered Accountants and Licensed Insolvency Practitioners, we operate under strict professional and regulatory standards. With five licensed practitioners, national reach and embedded fee discipline, we provide structured recovery leadership across complex engagements.
Our 28-firm national network ensures on-the-ground capability throughout New Zealand, reducing overhead and enabling timely, decisive action.
We are properly resourced, collaborative in our internal decision-making, and measured in our execution.
Our Approach
We do not default to formal insolvency.
Before any appointment, we assess the full commercial position — viability, exposure, guarantees, creditor pressure, and asset value. Where appropriate, we guide directors on practical preparatory steps prior to formal appointment to preserve value and reduce cost.
In insolvency, rushed decisions and unnecessary escalation destroy recovery. Our five licensed insolvency practitioners bring broad cross-industry experience and work collaboratively to advise on options that maximise returns.
For Accountants & Lawyers
Disciplined Fee Management
Every dollar spent on administration reduces the creditor pool. Our firm was established on the principle that insolvency should be managed efficiently and responsibly.
We operate with:
- Structured systems and efficient processes
- Active senior practitioner involvement
- No chargeable-hour culture
- A 28-firm national network reducing travel overhead
Cost discipline is embedded in our structure and the purpose for our existence.
Call to discuss your options.
How We Work With You
Our process begins with a structured conversation.
We review the commercial position, exposure risks, creditor dynamics, and potential recovery pathways before recommending formal appointment.
Where appropriate, we advise on preparatory steps that may improve outcomes and reduce future administration costs.
Liquidation is considered only after commercial analysis.
Assess Your Business
Why Choose Us
100+ formal appointments annually
$10M+ returned to creditors each year
Our commercially focused approach is designed to maximise recoveries and protect creditor interests.
Five licensed insolvency practitioners
Every appointment is led by experienced, licensed professionals with deep insolvency expertise.
28-firm national network and global reach
Local support across New Zealand, backed by national coverage and international connections.
Strategy-first approach
We assess every situation carefully to identify the most effective commercial path forward.
Disciplined fee management
Efficient processes and careful cost management help preserve value throughout every engagement.