A proven track record is the best way to demonstrate our strength and depth of expertise. Below are examples of our team’s recent appointments.
Gowinta Farms Pty Limited
We were appointed by Gowinta Farms Pty (Gowinta) as administrator with support of one of Australia's leading commercial banks.
Gowinta operated major strawberry, raspberry, pineapple and lychee farms with three separate locations in Queensland. When we were instructed it soon became apparent that the business model was flawed, so we changed this resulting in a greater share of the annual harvest financial risk being held by the fruit marketers. As a result of this and other structural and financial changes, including operational efficiencies and improved management reporting the business is now profitable and has been sold as a going concern.
Major Pharmaceutical Group
We acted for the parent company in this solvent liquidation of its subsidiary companies.
Our principal role was to reorganise and simplify this group’s corporate structure.
Specifically we had to deal with tax clearance and issues associated with the distribution of assets in excess of $600M to shareholders in the group.
The case was further complicated by managing trade mark issues including assignments in numerous countries.
This was highly successful and all distributions were effected.