McGrathNicol has acted for all of Australia’s major financiers as Receivers and Managers of distressed corporations.
We are able to successfully hold businesses together under difficult circumstances. We work collaboratively with management, employees and their unions, customers and suppliers, on behalf of secured financiers, so as to preserve and maximise value.
We are proud of our record in achieving going concern sales of businesses in receivership.
Our expertise includes:
+ strategic leadership;
+ crisis management;
+ financial control;
+ operational improvement;
+ sales of businesses and data room management; and
+ commercial negotiation.
Examples of successful receiverships include, Nylex Limited, ABC Learning, Great Southern, and Feltex Carpets. We achieved going concern business sales in each of these complex cases.