Andreas Piesiewicz Partner

Meet Andreas

Andreas is a dispute resolution lawyer specialising in complex, high-stakes litigation and investigations, across a range of jurisdictions and a variety of industries.

His experience ranges from advising high profile directors and officers of ASX listed companies in the finance and construction industries in relation to securities and foreign bribery related investigations conducted by ASIC and the AFP; to seeking urgent interlocutory and final relief in expedited Commercial List proceedings concerning the market for nuclear medicine technology and associated distribution rights; to prosecuting a $100 million plus negligence claim against a big four accounting firm; to defending a US based company operating in the nutraceuticals industry in Federal Court proceedings seeking to unwind share sale agreements and seeking $175 million in damages.  Most recently he acted for ASIC in landmark Federal Court proceedings against the ANZ concerning the alleged rigging of the Bank Bill Swap Rate.

 

Experience

General

ASIC

Acted for the corporate regulator in civil penalty proceedings brought against ANZ and other big four banks concerning the alleged rigging of the Bank Bill Swap Rate. The proceedings were one of the largest, most complex and high profile civil penalty actions ever taken by ASIC, and were successfully settled as against ANZ (and NAB) for A$50 million each on the eve of a 4 month trial.

Metagenics Inc

Acted for the California-based specialty pharmaceutical company in the successful defence, at first instance and on appeal, of a “bet the firm” claim seeking to unwind Metagenics’ key acquisition of the Australian business and seeking A$175 million in damages.

Major multi-national technology company

Acted for the Australian subsidiary in relation to an audit focussing on transfer pricing and the existence of a “permanent establishment” in Australia for tax purposes.

Insight Oceania

Acted for the high-end nuclear medicine equipment distributor in expedited NSW Commercial List proceedings against Philips Electronics for the unlawful termination of a distribution agreement and, later, acting for Insight in NSW Court of Appeal proceedings concerning the same.

Peabody Energy Australia

Acted for the defendants in Supreme Court of Queensland proceedings concerning a A$1.7 billion damages claim in respect of the 2005 Monto Coal Project Joint Venture and involving detailed assessments of the economic viability of a mine with production of up to 10 million tonnes per annum.

Octaviar

Acted for the liquidators of Octaviar Limited and Octaviar Administration Pty Ltd in Australia’s largest auditor negligence case against KPMG arising out of the collapse of the MFS/Octaviar Group.

High Profile Director

Acted for a high profile director of a major construction company in connection with ASIC and AFP investigations in relation to alleged foreign bribery.

Recognition

Listed as a leading lawyer in Insolvency and Reorganisation Law
Best Lawyers Australia, 2020

Career & qualifications

Qualifications

  • LL.B. (Honours), University of Adelaide; B.A. (Politics) University of Adelaide

Memberships

  • Law Society of NSW
  • Law Society of South Australia

Insights Read more insight

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