Maximising Recoveries. Preserving Value. Delivering Better Outcomes.

From early assessment through to formal appointment, our approach is focused on protecting value, reducing cost, and delivering better outcomes.

McDonald Vague

For Creditors

At McDonald Vague, our focus is simple: maximise recoveries for creditors.

We are a specialist business recovery, restructuring and insolvency practice. Each year, we manage more than 100 formal insolvency appointments and return millions of dollars to creditors through disciplined execution, commercial judgement and recovery-focused strategies.

Our role is not simply to administer a process. It is to identify opportunities to preserve value, reduce unnecessary costs and achieve the strongest possible outcome for stakeholders.

For Creditors

A Recovery-Focused Approach

Not every insolvency situation should be approached in the same way.

Where appropriate, we assess whether:

  • Continued trading may preserve value
  • Assets can be realised in a more structured manner
  • Recovery strategies can improve returns
  • Costs can be reduced to protect creditor interests
  • Alternative solutions may achieve better outcomes

Every engagement is assessed on its own merits with one objective in mind: maximising recoveries.

Our team can help you understand the options available.

For Creditors

Receivership Services

For secured lenders, acting quickly can be critical.

We provide receivership services designed to protect security interests, preserve asset value and maximise recoveries.

Our team has extensive experience managing complex recovery engagements across a wide range of industries throughout New Zealand.

Disciplined Cost Management

Every dollar spent on administration reduces the funds available for creditors.

That is why disciplined fee management is a core part of our approach.

We operate with:

  • Structured systems and processes
  • Senior practitioner oversight
  • Efficient appointment management
  • Nationwide support through our professional network

Our objective is to protect value and maximise returns wherever possible.

McDonald Vague

Understand Your Options — At No Cost

Speak directly with a licensed insolvency practitioner and gain a clear, commercially grounded view of your next steps. There is no charge to understand your options.

Assess Your Business

Why Choose Us

icon director

100+ formal appointments annually

We manage a high volume of insolvency and recovery engagements across a wide range of industries every year.
icon accountant

$10M+ returned to creditors each year

Our commercially focused approach is designed to maximise recoveries and protect creditor interests.

icon creditor

Five licensed insolvency practitioners

Every appointment is led by experienced, licensed professionals with deep insolvency expertise.

icon accountant

28-firm national network and global reach

Local support across New Zealand, backed by national coverage and international connections.

icon creditor

Strategy-first approach

We assess every situation carefully to identify the most effective commercial path forward.

icon director

Disciplined fee management

Efficient processes and careful cost management help preserve value throughout every engagement.