Key practice areas: MB Commercial
Qualifications: BComm, LLB, GCertLegPrac, GradDipAppFin
Location: Melbourne (VIC)

Steven Foale is a consultant overseeing Maurice Blackburn Commercial's insolvency litigation.

Steven has considerable expertise in commercial litigation and particularly relishes insolvency litigation. He has acted in large insolvency litigation and advised many insolvency practitioners in relation to examinations under sections 596A and 596B of the Corporations Act 2001, preference actions, insolvent trading actions and breach of duty claims against directors and auditors.

Examples of Steven's recent experience include:

• advising on an insolvent trading claim by the liquidators of Centaur Mining & Exploration Ltd against the company's directors seeking compensation of around $20 million
• advising on an insolvent trading and breach of director's duty claim against former directors of Nomad Telecommunications Ltd seeking compensation of around $20 million
• advising on a class action against ANZ Bank for recovery of exception fees paid by customers.

Steven was previously employed as a Litigation Manager with large litigation funder IMF (Australia) Ltd, where he was responsible for assessing, selecting and managing large cases.

Steven is a member of the Insolvency Practitioners Association of Australia. He is the author of Parts 3.8, 3.10, 3.11 and 3.18 of the 'Bankruptcy' volume of The Laws of Australia, relating to 'The Effects of Bankruptcy', 'Investigations', 'Recovery Action in Relation to Pre-Bankruptcy Dispositions' and 'Debt Agreements'.