Natasha Toholka

Norton Rose Fulbright Australia

Natasha Toholka

Natasha Toholka



Natasha Toholka is a financial services, restructuring and insolvency lawyer based in Melbourne. Natasha also advises clients operating in the technology and innovation sector.

Natasha has nearly 20 years' experience working closely with financiers and insolvency practitioners. She advises clients on all aspects of banking and finance litigation, security enforcement, insolvency (reconstructions, workouts, formal appointments and cross-border), general commercial disputes, disciplinary proceedings and regulatory investigations.   

Natasha was previously a partner at another leading Australian law firm.

Professional experience

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  • Bachelor of Laws (Monash) 1998
  • Bachelor of Arts (Monash) 1998
  • Insolvency Education Program (University of Southern Queensland) 2004
  • High Court of Australia 2000
  • Supreme Court of Victoria 1999
  • Various financiers - in all aspects of security enforcement and insolvency, including appointment of receivers and managers, investigating accountants and voluntary administrators.
  • Various financiers and receivers and managers - in relation to managed investment schemes, including successful applications to wind up managed investment schemes and successfully defending an appeal to the Victorian Court of Appeal.
  • Various liquidators - in respect of voidable transactions; managing large portfolios of recovery proceedings. 
  • Defending receivers - in section 420A Corporations Act and other claims.
  • Various corporate groups - providing restructuring advice in respect of corporate groups, including an AIM listed entity (UK) and an ASX listed entity.
  • Various auditors - in defending third party proceedings brought by the directors of an insolvent company in relation to the liquidator's insolvent trading claim.
  • Australian liquidators - in a proceeding in the Bankruptcy Court, District of Nevada – the first time an Australian voluntary winding up was recognised in the US or anywhere else, as a "foreign main proceeding".
  • Various insolvency practitioners - before disciplinary boards and committees and ASIC investigations.
  • General commercial proceedings - before the Supreme Court of Victoria, Victorian Court of Appeal, Federal Court of Australia and High Court of Australia, including alternative dispute resolution.
  • Voted by peers as one of Australia's Best Lawyers in insolvency and reorganisation law (2016, 2017, 2018)
  • Recommended for insolvency and restructuring by Doyles (2017)
  • Recommended for restructuring and insolvency, dispute resolution by The Legal 500 Asia Pacific (2018)
  • Australian Restructuring Insolvency and Turnaround Association (ARITA) Vic/Tas Division  conference - Robit Nominees and the duties of voluntary administrators (2016)
  • Presenting to multiple Australian banks on banking reform (2016, 2017)
  • Panellist presenting ARITA technical forum on safe harbour and ipso facto law reform (2017)
  • Presenting at the 17th Traill & Associates Practical Insolvency Conference 2018
  • ARITA (Fellow) and Victoria/Tasmania committee member
  • INSOL International
  • Insolvency and Reconstruction Committee, Law Institute of Victoria and Law Council of Australia
  • Law Council of Australia, Business Law Section
  • Law Institute of Victoria
  • English