KordaMentha KordaMentha is an Australian advisory and investment firm that provides specialist forensic, real estate, turnaround / restructuring and investment management services. The business was formed in April 2002 by Mark Korda and Mark Mentha. Located at
Level 24, 333 Collins Street, Victoria, Australia.
Phone: +61 3 8623 3333

News

   


03/02/2017

KordaMentha Forensic hosts Australian launch
of Transparency International's Corruption Perceptions Index

This week saw KordaMentha Forensic host the Australian launch of the Corruption Perceptions Index 2016 on behalf of Transparency International Australia in our offices in Brisbane, Melbourne, Perth and Sydney. This is the fourth year that KordaMentha Forensic has hosted this launch....read more


01/02/2017

KordaMentha ranks number 1 for our industry in the AAGE's Top Graduate Employer Survey

KordaMentha is delighted to announce that we have ranked number 1 out of 75 of Top Graduate Employers for our industry; Accounting, Consulting and Professional Services, and also retained our number 3 ranking overall for a second year....read more


21/12/2016

RSL National widens inquiry by KordaMentha Forensic

RSL National today announced that it will broaden its internal investigation into allegations of financial misconduct by some RSL NSW council members, due to the findings of a recent investigation by KordaMentha Forensic....read more


05/12/2016

ASIC publishes third KordaMentha Forensic
report concerning CBA financial planning businesses

ASIC has today published the first instalment of the third KordaMentha Forensic report pursuant to its appointment by ASIC as the Compliance Expert relating to two CBA financial planning businesses....read more


04/11/2016

Arrium announces sale of Moly-Cop

KordaMentha today announces that it has executed an agreement with funds advised by American Industrial Partners for the sale of the entities comprising Arrium Mining Consumables Division (“Moly-Cop”). Under the terms of the Share Sale Agreement the total enterprise value is USD$1.23 billion....read more


28/10/2016

Wynard Group placed in voluntary
administration

Wynard Group (NZX: WYN) was today placed into voluntary administration (VA), along with its trading subsidiary Wynard Group NZ....read more


26/10/2016

Pumpkin Patch enters receivership

KordaMentha partners, Brendon Gibson and Neale Jackson, have today been appointed as Receivers to children’s clothing retailer, Pumpkin Patch Limited (NZX: PPL) and its subsidiaries. In Australia, KordaMentha partners Craig Shepard and David Winterbottom have been appointed as Receivers of the Australian assets....read more


10/08/2016

Cassandra Mathews awarded Outstanding
Female in the Insolvency &/or Restructuring Industry

Congratulations to Restructuring Partner Cassandra Mathews, who has been awarded the 2016 Outstanding Female in the Insolvency and/or Restructuring Industry for NSW....read more


29/07/2016

Greyhound Racing NSW (‘GRNSW’) appoints KordaMentha Forensic to investigate allegations of mass greyhound graves in NSW

On 29 July 2016, GRNSW announced it had appointed KordaMentha Forensic to investigate allegations of new mass greyhound graves being located in NSW....read more


28/06/2016

KordaMentha appoints new Partners and Executive Directors

KordaMentha are delighted to announce the appointment of our new Partners and Executive Directors, effective 1 July 2016....read more


09/06/2016

Administrators welcome SA Government investment in Whyalla

KordaMentha Restructuring today welcomed the SA Government’s $50 million contribution to help secure the future of Arrium’s OneWhyalla business....read more


27/05/2016

KordaMentha strengthens its commitment
to the Indonesian market by opening second office in Asia

Today we announced our commitment to the Indonesian business market and its existing clients with the opening of a Jakarta office, our second office in Asia, following the acquisition of Pilot Asia Capital....read more


25/05/2016

Woosh Wireless enters voluntary administration

Woosh Wireless Holdings Limited and Woosh Wireless (NZ) Limited were today placed into voluntary administration (VA). KordaMentha partners, Brendon Gibson and Neale Jackson have been appointed Administrators....read more


23/05/2016

Update on the Recapitalisation / Sale process
for the Arrium Group of Companies (Administrators Appointed)

KordaMentha were appointed Administrators of the Arrium Group on 12 April 2016. The initial focus has been to stabilise the Group’s businesses as they transitioned into voluntary administration....read more


06/05/2016

Oz Minerals to plan Whyalla investment

Proposals for a significant new investment in Whyalla were announced today in a development that will assist the town and Arrium Limited (Administrators Appointed)....read more


22/04/2016

Rob Jolly joins KordaMentha as a Partner
within our growing Asia practice

We are pleased to announce the appointment of respected advisor Rob Jolly as a Partner within our growing Asia practice. Rob has over 20 years' experience on the ground in Asia, most recently as the Managing Director of boutique advisory firm Pilot Capital in Indonesia....read more


22/04/2016

Victoria promises "a lot of projects" to help Arrium

The Victorian Minister for Industry, Energy and Resources, Lily D’Ambrosio MP, today visited Arrium’s OneSteel mill in Laverton to meet with workers and reinforce its support for the national effort to secure the future of the $6 billion metal and mining giant....read more


19/04/2016

Arrium creditors elect committee

Creditors of the Arrium Group of companies (Administrators Appointed) attended the First Meeting of Creditors today and elected representatives to sit on a committee to liaise with KordaMentha Restructuring....read more


18/04/2016

Arrium matter settled

The Administrators of the Arrium Group of companies, KordaMentha Restructuring, have reached an agreement with Morgan Stanley on matters that were subject to court proceedings in the U.S and Australia. The agreement means that court action initiated in the Federal Court in Melbourne this morning are stayed....read more


15/04/2016

Mark Mentha talks about KordaMentha Restructuring’s appointment on Arrium

KordaMentha Partner Mark Mentha, speaks with the media about KordaMentha Restructuring's appointment to the Voluntary Administration of the Arrium Group of Companies....read more


12/04/2016

KordaMentha Restructuring appointed as Voluntary Administrators of Arrium Limited

KordaMentha Restructuring has tonight replaced Grant Thornton as Voluntary Administrators of Arrium Limited and its 93 Australian subsidiaries at the request of major stakeholders....read more


07/04/2016

KordaMentha Restructuring sells Crusader Caravans

KordaMentha Restructuring announced today it had sold the business and assets of the Melbourne-based caravan manufacturer Crusader Caravans. Thirvale Pty Limited (Administrators Appointed) (‘Thirvale’) in its own capacity and as trustee of the Seranth Trust trading as Crusader Caravans has been sold to one of the founders of the business, Mr Serge Velentino, and a group of new investors....read more


17/03/2016

KordaMentha appointed to Crusader Caravans

Rahul Goyal and Craig Shepard of KordaMentha Restructuring have been appointed Administrators of Thirvale Pty Limited (Administrators Appointed) in its own capacity and as trustee for the Seranth Trust trading as Crusader Caravans (‘Crusader Caravans’)....read more


07/03/2016

KordaMentha ranks third in the AAGE's Top Graduate Survey

KordaMentha are delighted to announce that we have been ranked number 3 out of 75 of Top Graduate Employers as part of the Australian Association of Graduate Employees (AAGE) survey and number 1 for our industry; Accounting, Consulting and Professional Services....read more


23/02/2016

Stonewood Group - Receiver hopeful of sale

KordaMentha partner Grant Graham, recently-appointed receiver of Christchurch-based building company Stonewood Homes Ltd and Stonewood New Zealand Ltd (the master franchisor of the Stonewood Group) is hopeful that the business and assets may be sold as a going concern....read more


22/02/2016

Stonewood Homes New Zealand Limited and associated companies in receivership

Grant Graham and Neale Jackson of KordaMentha have been appointed as receivers to Stonewood Homes New Zealand Limited, and sister companies Stonewood Homes Limited and Sterling Homes Limited. The appointment was requested by the companies’ director....read more


22/02/2016

KordaMentha recognised as top graduate employer again in 2016 lists

Following on from last year’s nominations in the Australian Association of Graduate Employers (AAGE)’s Top Graduate Employers and Top Intern Programs lists, KordaMentha has once again received recognition for their graduate program, featuring in both The Australian’s Top 100 Graduate Employers list and the Australian Financial Review’s Top 100 Graduate Employers list....read more


17/2/2016

John Dawson has joined KordaMentha Forensic as an Executive Director

We are pleased to announce respected forensic and business valuation specialist John Dawson has joined KordaMentha Forensic as an Executive Director. As a key member of our Perth Forensic team, John will provide lawyers and the broader Perth business community with expert accounting and valuation advice and factual evidence to assist in commercial disputes....read more


21/01/2016

Appointment to Australian Renewable Fuels

David Winterbottom and Rahul Goyal of KordaMentha Restructuring have been appointed Receivers and Managers of the operating entities of Australian Renewable Fuels Limited (ARF), Australia’s largest national biodiesel company....read more


12/01/2016

KordaMentha invests in BuyMyPlace ahead of listing

BuyMyPlace has signed a subscription agreement with KordaMentha Investments, the investment vehicle for KordaMentha and its leading boutique corporate advisory firm 333 Capital, ahead of the launch of its prospectus and forthcoming IPO....read more


23/12/2015

KordaMentha completes sale of Renex

The Administrators of Renex are pleased to announce that the sale of the business and the assets that go with the business was completed on 18 December 2015. The original founder of the business, Mr Marinos Angelodemou teamed up with the secured creditor, Chenavari Investment Managers to purchase the business and assets of Renex....read more


17/12/2015

ASIC publishes second KordaMentha Forensic report concerning CBA financial planning businesses

ASIC has today published the second KordaMentha Forensic report pursuant to its appointment by ASIC as the Compliance Expert relating to two CBA financial planning businesses....read more


18/11/2015

Chain Reaction Women's 300 surpasses
fundraising target

The Chain Reaction Women's 300 now in its third year, has been the most successful women's event so far, with over $176,000 raised for charity, smashing last year's tally of $95,000....read more


30/10/2015

KordaMentha Restructuring appointed to
Mirabela Nickel Limited Brazilian Nickel Mine - Sale Commencement

Scott Langdon, Martin Madden and Richard Tucker of KordaMentha Restructuring have been appointed Receivers and Managers of Mirabela Nickel Limited and Mirabela Investments Pty Ltd (together ‘Mirabela’)....read more


16/10/2015

KordaMentha appointed to Renex Industries

Rahul Goyal, Craig Shepard and Richard Tucker of KordaMentha Restructuring have been appointed Administrators of Renex Holdings (Dandenong) 1 Pty Limited, trading as Renex Industries and its subsidiaries (‘Renex’)....read more


09/10/2015

Tom Davis returns to KordaMentha Real Estate's Melbourne practice

We are pleased to welcome back Tom Davis, a Partner in our Real Estate group, to the Melbourne practice. Tom returns to Melbourne following eight years across the KordaMentha network in Perth and Sydney but more recently Gold Coast and Brisbane, where he led the Queensland real estate practice for the past three years....read more


10/09/2015

Solid Energy Administrators supports Board's proposal to adopt a Deed of Company Arrangement

The Administrators of Solid Energy New Zealand Limited and its subsidiaries have issued their report to the Solid Energy Group's 1500 creditors today. The report, which provides a high‐level analysis of the company’s position and considers the final version of the Solid Energy Board’s proposal, supports the Solid Energy Group entering into a Deed of Company Arrangement (DOCA) with its creditors....read more


04/09/2015

Successful sale of Tieman Tanker, Services and Tail Lift divisions

The Administrators of Tieman Industries Pty Ltd (Administrators Appointed) (the ‘Company’) are pleased to announce the sale of all three of the Company’s divisions following a public sale campaign....read more


25/08/2015

Solid Energy Voluntary Administration
process on track

A first meeting of creditors of Solid Energy New Zealand Limited (SENZ) (Administrators Appointed) and its associated companies was held today in Christchurch – the first milestone in the five-week voluntary administration (VA) process....read more


13/08/2015

Solid Energy Board places company into
voluntary administration

The Board of Solid Energy New Zealand Limited (SENZ) has today placed the company and all associated companies into voluntary administration (VA), a process which allows the company to continue trading while creditors consider the best way forward....read more


30/06/2015

Adelaide license agreement relinquished by mutual agreement

KordaMentha was established in 2002 and in 2003, KordaMentha expanded by establishing offices in Perth, Brisbane, Townsville and Adelaide pursuant to licence agreements. By mutual agreement, the last remaining Australian licence agreement with the Adelaide office will be relinquished on 30 June 2015....read more


23/06/2015

KordaMentha Partner Scott Langdon in Paydirt magazine

Paydirt magazine's cover article, 'Bouncing back from the brink' features KordaMentha Restructuring Partner Scott Langdon, as he shares his thoughts on the mining industry and mining services turnarounds. Article courtesy of Australia’s Paydirt. To subscribe to Australia’s Paydirt please follow the prompts at https://www.paydirt.com.au/subscriptions/ ...read more


15/06/2015

Meet our newest Partners

It is with great pleasure that we introduce our newest Partners within our practice. The professional elevation of Rahul Goyal, Sebastian Hams, Cassandra Mathews and Jarrod Villani to the highest level of our business recognises not only their extraordinary commitment and contributions to the firm but also the ongoing strength of our restructuring practice as we continue to diversify our service offerings and client base....read more


08/06/2015

BN Western Australia names KordaMentha top corporate doctor

With 30 insolvency professionals, Business News Western Australia has named KordaMentha as the top corporate doctor in that state....read more


01/05/2015

KordaMentha Consultant warns of risks with importing food

Tony Ford, a Consultant with KordaMentha in Melbourne, spoke with ABC Rural on the risks for companies that import food and what steps they can take to mitigate these risks....read more


23/04/2015

ASIC publishes first KordaMentha Forensic report concerning CBA financial planning businesses

ASIC has today published the first KordaMentha Forensic report pursuant to its appointment by ASIC as the Compliance Expert relating to two CBA financial planning businesses....read more


14/01/2014

Phil Liggett announces the KordaMentha Australian Team for the Jayco Herald Sun Tour

On Tuesday the 13th of January, KordaMentha hosted a launch event for the Jayco Herald Sun Tour, where world renowned commentator and journalist Phil Liggett, announced the squads for the KordaMentha Australian Team and the Jayco-AIS Under-23 National Team....read more


23/12/2014

KordaMentha appointed Administrators to MissChu

Rahul Goyal of Janna Robertson of KordaMentha Restructuring have been appointed Voluntary Administrators of Miss Chu Pty Limited and Miss Chu Manly Pty Limited (collectively known as ‘MissChu’)....read more


18/12/2014

KordaMentha Appointed Receivers and Managers to Power Infrastructure Services Pty Ltd

KordaMentha Restructuring partners Scott Langdon, Cliff Rocke and Robert Hutson were appointed as Receivers and Managers to Power Infrastructure Services Pty Ltd on 16 December 2014 (In Liquidation) (‘Powins’ or ‘the Company’)....read more


11/12/2014

Transparency International's Corruption Perceptions Index 2014

Last Thursday saw KordaMentha Forensic host the launch of the Corruption Perceptions Index 2014 on behalf of Transparency International Australia in our offices in Brisbane, Melbourne, Perth and Sydney. This is the second year that KordaMentha Forensic has hosted this launch....read more


09/12/2014

With local cloud KordaMentha looks to tomorrow

Microsoft has shared how KordaMentha is looking to an innovative future following Microsoft's announcement that it plans to deliver Office 365 and Dynamics CRM Online from datacentres in Australia by the end of March, 2015. Microsoft spoke with KordaMentha Partner Mark Korda and Director of Technology Ryan Wadsworth, to understand how we are leveraging the latest technology...read more


28/11/2014

Parliamentary Inquiry Report:
Foreign Investment in Real Estate

The report of the Parliamentary Inquiry into Foreign Investment in Real Estate was officially released yesterday, generating a significant level of interest and comment in the media....read more


28/11/2014

KordaMentha Real Estate official sponsor of
2015 Jayco Herald Sun Tour

We are proud to announce that KordaMentha Real Estate will be an official sponsor of the 62nd instalment of the Jayco Herald Sun Tour, Victoria's oldest and most prestigious stage race....read more


20/11/2014

Chain Reaction Women's 300 raises over $95,000

On Friday 14 November 2014, 20 women from Australia’s corporate ranks embarked on an amazing three-day, 300km journey around Victoria’s Bellarine and Mornington Peninsulas as they rode in Chain Reaction’s second Women’s 300 event....read more


14/11/2014

ASIC appoints KordaMentha Forensic as compliance expert to monitor CBA financial planning businesses

On 14 November 2014 ASIC announced it had appointed KordaMentha Forensic as external compliance expert to oversee Commonwealth Financial Planning Limited and Financial Wisdom Limited's compliance with new licence conditions, imposed by ASIC in August 2014....read more


25/09/2014

KordaMentha awarded TMA Restructuring
Deal of the Year

The restructure of Mirabela Nickel Limited (‘Mirabela’) has been awarded the 2014 Restructuring Deal of the Year award by the Turnaround Management Association of Australia. KordaMentha partners Martin Madden, David Winterbottom and Cliff Rocke acted as voluntary administrators, implementing a debt for equity restructure that included a number of firsts in the Australian restructuring industry....read more


18/09/2014

It's bigger than insolvency

In the July-September issue of the Australian Insolvency Journal, Mark Korda and Ben Pollack discuss the pros and cons of insolvency firms diversifying into restructuring and turnaround consulting....read more


15/09/2014

Bluestone workers urged to claim their cash

Liquidators of the failed labor hire and services firm Bluestone Global today urged more than 3000 former workers to claim millions of dollars of entitlements they are owed....read more


05/09/2014

Western Desert Resources appointment

Mark Mentha, Scott Kershaw and Stephen Duncan of KordaMentha Restructuring were today appointed Voluntary Administrators of the listed iron ore mining company Western Desert Resources Ltd....read more


19/08/2014

DRA acquires Forge Group Inc.
(formerly known as Taggart Global)

KordaMentha is pleased to announce the sale of Forge Group Inc. (‘Forge Inc’), the North American subsidiary of Forge Group Ltd (Receivers and Managers Appointed) (In Liquidation), to the DRA Group (‘DRA’), a leading South African engineering group....read more


06/08/2014

Bluestone workers set for new jobs

The Bluestone Group last night entered into an agreement with Hoban Recruitment as the preferred party to engage with the Bluestone Recruitment businesses. The agreement means that the vast majority of Bluestone’s 3500 on-hire staff and 180 employees will be back in work almost immediately....read more


05/08/2014

Administrators seek to find jobs for Bluestone workforce

Administrators of Bluestone Global Limited (ASX: BUE) have begun efforts to arrange new jobs for 3,500 workers and 180 staff retrenched....read more


01/07/2014

KordaMentha appointed Receivers to DSG Holdings Australia

David Winterbottom and Rahul Goyal of KordaMentha Restructuring have been appointed Receivers and Managers of DSG Holdings Australia Pty Limited (‘DSG’). DSG operates retailers Crazy Clarks and Sam’s Warehouse with 143 stores across Australia....read more


12/06/2014

Our World Cup Predictions

The World Cup is just around the corner, with 32 teams meeting in Brazil for the world’s most watched sporting event. Will the home nation win as expected? Or can one of the big European sides come out on top? Will England lose on penalties (again)? And just how outmatched will the Aussies be? All these questions will be answered over the coming month, but, for now, KordaMentha’s data analytics team have crunched the numbers to give you our predictions and insights for the cup....read more


20/05/2014

Next stage for Southern Cross Forest Products’ receivership

The receivers of Southern Cross Forest Products Ltd (SCFP) have today advised that the sale process has attracted considerable interest in the Thames sawmill and remanufacturing businesses, but interest in the South Island operations does not justify continued trading in its current form....read more


16/04/2014

Oceanlinx Receivership Update

Rahul Goyal and Cassandra Mathews of KordaMentha Restructuring were appointed Receivers and Managers of Oceanlinx Limited on 26 March 2014. The Receivers are working closely with the South Australian Department of Planning, Transport and Infrastructure ('DPTI') and Oceanlinx's insurers to develop a strategy for the Company's Wave Generator...read more


02/04/2014

SME Going Concern Sale - Manly Ocean Foods

We are pleased to announce that Rahul Goyal in his capacity as Receiver and Manager has negotiated and completed the sale of Manly Ocean Foods as a going concern....read more


01/04/2014

KordaMentha appointed to Oceanlinx

Rahul Goyal and Cassandra Mathews of KordaMentha Restructuring have been appointed Receivers and Managers of the wave energy development company, Oceanlinx. This appointment followed the appointment of David Ross and Brent Kijurina of Hall Chadwick as Administrators of the company....read more


03/03/2014

Our Perth practice relocates

We are pleased to announce that our leading Perth practice has relocated to a pristine new location at Level 10, 40 St Georges Terrace, Perth. The move signals a period of sustained growth for our Perth practice and an increased focus on helping clients in Western Australia to overcome business and real estate challenges....read more


12/02/2014

Media release: Forge loses projects, employees stood down

1300 employees on power stations and mining projects in Western Australia and Queensland were retrenched today after the principals of the construction jobs exercised contractual rights they claimed on the projects....read more


11/02/2014

KordaMentha appointed to Forge Group

Mark Mentha and Scott Langdon of KordaMentha Restructuring were today appointed Receivers and Managers of the Forge Group, the ASX-listed engineering, procurement and construction company with operations in Australia, South Africa, Asia and the US....read more


06/02/2014

KordaMentha launches SIV Real Estate Fund

KordaMentha has launched the KordaMentha SIV Direct Real Estate Fund, the first in a platform of investment funds by the group. This first fund is tailored to provide international high net worth investors with a diversified portfolio of professionally managed direct Australian core and core plus real estate assets and will be a complying investment under the Australian Government’s ‘Significant Investor Visa’ program....read more


03/02/2014

Reigning champion of Jayco Herald Sun Tour
joins KordaMentha Real Estate Team in the 2014 event

Calvin Watson created history last year becoming the youngest ever winner of the Jayco Hearld Sun Tour and due to a reshuffle, Watson returns to the Tour, joining the KordaMentha Real Estate team, one of only two Australian teams competing...read more


15/12/2013

Brindabella Airlines in Receivership

David Winterbottom and Sebastian Hams of KordaMentha were today appointed Receivers and Managers of the Canberra-based regional airline Brindabella....read more


04/12/2013

Key facts from Transparency International's Corruption Perceptions Index 2013

Tuesday saw KordaMentha Forensic host the launch of the Corruption Perceptions Index 2013 on behalf of Transparency International Australia in our offices in Brisbane, Melbourne, Perth and Sydney....read more


19/11/2013

KordaMentha Forensic to host the Australian launch of the 2013 Corruption Perceptions Index on behalf of Transparency International Australia

Transparency International, the leading civil society organisation fighting corruption worldwide, will release its 19th annual Corruption Perceptions Index on Tuesday, 3 December 2013....read more


11/11/2013

Tranurban acquires City Cross Tunnel debt

Transurban Group (ASX: TCL) announced today that it has reached agreement with The Royal Bank of Scotland plc, Australian Branch and The Royal Bank of Scotland N.V., Australian Branch (together RBS) to acquire all of RBS’ senior secured debt exposure to the Cross City Tunnel (CCT) in Sydney subject to regulatory approvals and final asset inspections....read more


09/10/2013

New SME specialist for KordaMentha Sydney

We are pleased to announce that Rahul Goyal has joined KordaMentha as an Executive Director in Sydney. Rahul previously spent four years at a Big 4 firm and 10 years at a mid-tier firm specialising in small to medium enterprises in all types of insolvency matters....read more


30/09/2013

'Turnaround Specialists' - 333 Management featured on Financial Review Sunday

Managing Director Simon Thornton, of KordaMentha's related business 333 Management, was interviewed for Channel Nine's 'Financial Review Sunday' program which featured our work with McColl's and Fitness First...read more


27/09/2013

Queensland Motorways announced as acquirer
of CLEM7 Tunnel

Queensland Motorways and KordaMentha, the receiver for the CLEM7 Tunnel, today announced they have reached an agreement that will see Queensland Motorways acquire Brisbane’s CLEM7 Tunnel for $618 million....read more


20/09/2013

Mark Uebergang writes on 'The GFC and the Z-Score' in the Australian Insolvency Journal

In this month's issue of the Australian Insolvency Journal, KordaMentha Executive Director Mark Uebergang, writes of how he bench tested the Altman Z-Score to assess its accuracy during the Global Financial Crisis, a period of unprecedented financial turmoil....read more


19/09/2013

Receivers and Managers appointed to the CrossCity Tunnel and its associated entities

KordaMentha partners Martin Madden and Cassandra Mathews have been appointed Receivers and Managers to six (6) CrossCity tunnel holding and operating entities - CrossCity Motorway Pty Ltd, CCT Motorway Finance Pty Limited, CM Holdings Trust Pty Limited, CCT Motorway Company Nominees Pty Limited, CrossCity Motorway Nominees No. 2 Pty Ltd and CCT Motorway Group Holdings Pty Ltd....read more


16/09/2013

333 Management awarded
TMA Large Turnaround of the Year

KordaMentha's related business, 333 Management, has been awarded the TMA Large Turnaround of the Year (>50 million) for their turnaround work at Fitness First. This is the second year running that 333 Management has been presented with the award by the Turnaround Management Association (TMA), winning in 2012 for McColl's Transport....read more


30/08/2013

Mark Uebergang joins our growing team of registered liquidators

Congratulations to Melbourne Executive Director Mark Uebergang, who has recently been registered as a liquidator by the Australian Securities and Investments Commission (ASIC). Mark's career in corporate restructuring spans fourteen years...read more


24/07/2013

Congratulations to Sebastian, our latest Registered Liquidator

We are pleased to announce that Sebastian Hams, an Executive Director in the Melbourne office, has recently become qualified as a Registered Liquidator. View all of Sebastian's qualifications and his extensive experience -...read more


18/07/2013

Pacific Horizon Motorhomes
placed in receivership

Brendon Gibson and Grant Graham were appointed Joint and Several Receivers and Managers of the trading entities related to Pacific Horizon Motorhomes on July 15, 2013. No future bookings are being accepted....read more


21/06/2013

Allmine Group appointment

Cliff Rocke and Scott Langdon have been appointed Receivers and Managers to: Allmine Group Limited ACN 128 806 271 (Administrators Appointed), Arccon (WA) Pty Ltd ACN 106 083 827, Allmine Maintenance Division Pty Ltd ACN 129 847 589, Wildkat Holdings Pty Ltd ACN 115 924 680...read more


19/06/2013

Raine Square sold to Charter Hall

The receivers and managers of the Raine Square development, KordaMentha, yesterday successfully completed its sale to Charter Hall (ASX:CHC) on behalf of Charter hall's Core Plus Office Fund and its capital partners....read more


17/06/2013

MediaWorks to transition to new company via receivership

MediaWorks NZ Limited funders today appointed Brendon Gibson and Michael Stiassny of KordaMentha to oversee the receivership of MediaWorks NZ Limited and its subsidiaries, including RadioWorks Ltd and TVWorks Ltd....read more


14/06/2013

Cliff is appointed Chairman of the
IPA WA division

Congratulations to KordaMentha Partner Cliff Rocke, following his appointment as Chairman of the Insolvency Practitioners Association of Australia, WA Division. He has also been appointed as Director of the IPA national committee....read more


11/06/2013

Gunns woodchip mill re-opened

KordaMentha, as receivers and managers of Gunns Limited, have secured new contracts with Japan and re-opened the company's Bell Bay woodchip mill, hiring 100 contractors....read more


24/05/2013

Mark Bryant joins KordaMentha Forensic

KordaMentha has further enhanced its forensic practice with Mark Bryant joining our Forensic Team in Sydney as a Senior Consultant. He brings with him a wealth of experience in commercial disputes. Mark is the latest in a number of recent additions to boost KordaMentha Forensic capabilities across Australia and the Asia Pacific, and cement our position as the pre-eminent forensic accounting practice in the region....read more


15/05/2013

KordaMentha New Zealand wins
'best independent report'

On 8 May 2013, the Institute of Finance Professionals New Zealand Inc (INFINZ) awards annual dinner was held in Auckland, where KordaMentha New Zealand was awarded 'best Independent Report of the Year'...read more


13/05/2013

Our newest registered liquidator

We are pleased to announce that Cassandra Mathews has recently become qualified as a Registered Liquidator, adding to KordaMentha’s Sydney office appointment takers. Learn more about Cass...read more


07/05/2013

Our Singapore office is going places

We are pleased to announce that our leading Singapore practice will relocate to 16 Collyer Quay #30-01, Singapore from 8 May 2013....read more


21/03/2013

The 2013 Victorian Chain Reaction Challenge raises over $920,000

On March 9, Berrick Wilson, as part of the KordaMentha team, joined 41 other cyclists as they embarked on an extraordinary journey, seeking to conquer Victoria's seven highest peaks in a mere seven days, to help raise money for children's charities....read more


26/02/2013

Limited receivership of some Becton companies

Mark Korda and Janna Robertson were today appointed receivers and managers of a small number of Becton holding companies, but there is no impact on the Becton operating companies involved in construction, development and retirement businesses....read more


31/01/2013

New Forests announces launch of Timberlink Australia

Bell Bay and Tarpeena softwood sawmills purchased from Receiver, KordaMentha. New Forests announced today the completion of the purchase of the assets of Gunns Timber Products from the Receiver, KordaMentha. The transaction includes the softwood sawmills in Bell Bay, Tasmania and Tarpeena, South Australia...read more


20/12/2012

New Forests to Purchase Bell Bay and Tarpeena Sawmills from Receivership

New Forests Pty Limited ("New Forests") announced today that it has completed an agreement to purchase Gunns' sawmilling, sales and distribution business from the Receiver, KordaMentha....read more


04/12/2012

KordaMentha Partner Berrick Wilson, honoured
by the Victor Chang Cardiac Research Institute

In recognition of the Chain Reaction Foundation’s fundraising and charitable contribution to the Victor Chang Cardiac Research Institute, KordaMentha Partner Berrick Wilson, has been bestowed as a Life Governor of the Institute. Chain Reaction was awarded the honour at the Institute’s Christmas Cocktail Party on 3 December 2012....read more


30/11/2012

Final settlement for Crafar farms

Today, after a long and extensive process, the Receivers from KordaMentha have secured final settlement with Pengxin New Zealand Farm Group Limited for the Crafar Farms....read more


25/09/2012

Media release: Gunns Appointment

Mr Mark Korda and Mr Bryan Webster of KordaMentha were today appointed Receivers and Managers of Gunns Limited and its wholly owned subsidiaries (Gunns) (ASX: GNS). This follows the appointment of Voluntary Administrators to the Gunns group of companies. The role of Receivers and Managers is to manage the Group's affairs, including the ability to continue to trade the business as a going concern and to preserve the value of the assets while a sale process is conducted....read more


18/09/2012

KordaMentha Forensic grows Melbourne and Sydney practice

David Ferrier and Paul Curby are the latest in a number of recent additions to boost KordaMentha Forensic’s Accounting, Investigation, Technology and Data Analytics capabilities as the preeminent forensic accounting practice in the region....read more


24/08/2012

KordaMentha New Zealand congratulate Olympic gold medallist Mahé Drysdale

We are proud to congratulate Mahé Drysdale on his success at the London Olympics, winning gold in the single sculls. Mahé joined KordaMentha in Auckland during his university days and he continued to work for us full time until the call came from New Zealand rowing to join their elite training squad....read more


11/07/2012

HireQuip shareholders receivership

The parent group of shareholding companies that own HireQuip have been placed in receivership by their financiers, their receiver Brendon Gibson of KordaMentha said today. Mr Gibson said the nationwide HireQuip operating businesses are not affected by the receivership. HireQuip will continue to operate as usual while the company is prepared for sale as a going concern....read more


06/07/2012

KordaMentha Forensic adds Relativity to their eDiscovery capabilities

KordaMentha Forensic, one of the largest forensic practices in Australia, announced today they are now a Relativity Premium Hosting Partner. Relativity is a web-based review platform that is highly scalable and customisable and that incorporates a comprehensive set of text analytics capabilities including computer-assisted review....read more


21/05/2012

Voluntary Administrators appointed to
Retravision Southern Limited

All stores continue to operate. Mr Bryan Webster and Ms Leanne Chesser of KordaMentha were today appointed voluntary administrators of Retravision Southern Limited ("RVS"). RVS acts as the buying and marketing licensor for retailers of electrical goods operating under the Retravision brand in Victoria, Southern New South Wales and Tasmania....read more


15/05/12

KordaMentha New Zealand wins Best Independent Report

On Wednesday 10 May, the Institute of Finance Professionals New Zealand Inc (INFINZ) Awards annual dinner was held in Auckland, attended by of 750 people from the business community. KordaMentha New Zealand was awarded 'best independent report of the year' for its report on BayWA's takeover offer for Turners and Growers...read more


20/04/2012

Media release - Receivers pleased with OIO decision

After an extensive process, the receivers of the Crafar farms, Brendon Gibson and Michael Stiassny of KordaMentha, are pleased with the OIO recommendation and the Government's consent today to the sale to Pengxin International Group Limited....read more


28/03/2012

Berrick Wilson announces that Chain Reaction 2012 has raised over $2.8m for children's charities

The 2012 Chain Reaction Challenge set a new fundraising record with over $2.8 million raised from its Victorian, NSW and Queensland events. Chain Reaction raises money for sick children by challenging senior executives who have a passion for cycling and an awareness of their corporate and social responsibilities, to ride a 1,000 plus kilometre course in 7 days....read more


23/03/2012

KordaMentha establishes Queensland Forensics practice

KordaMentha has further enhanced its forensics practice with David Van Homrigh and Brian Wood coming on board to head up our Forensics team in Brisbane. These additions boost KordaMentha’s forensic accounting, forensic IT and e-Discovery capabilities to service the increasing levels of litigation and investigation in the important Queensland market, and across Australia and the Asia Pacific....read more


06/03/12

Indicators of deception - Rob Cockerell speaks
with Rafael Epstein on ABC radio

Forensics Executive Director, Rob Cockerell, is a licensed investigator with more than 30 years' experience in the investigation of complex crimes and the management of fraud prevention and detection. Rob recently spoke with Rafael Epstein on the 774 ABC Drive program on interview techniques and how to identify indicators of deception....read more


23/02/2012

Chain Reaction 2012 - the ultimate corporate bike challenge, raising money for sick children

Following the success of last year’s Chain Reaction Challenge which raised a record $1.7 million for children’s charities, KordaMentha Partner and founder of Chain Reaction, Berrick Wilson, is again preparing for the ultimate corporate bike challenge with the Victorian leg kicking off on the 10th of March....read more


17/02/2012

Media release - KordaMentha appointed to Air Australia

Mark Korda and John Park of KordaMentha were today appointed by the Director of the Strategic Aviation Group as Voluntary Administrators. The group consists of seven companies including Air Australia, Strategic Engineering Australia and Strategic Aviation Charter (‘Air Australia’) (‘the Group’)....read more


15/02/2012

Crafar farms Receivers grant further extension following High Court decision

The Receivers will await the response of the OIO and the Ministers to the High Court decision today to ask them to reconsider the application. "The agreement with Pengxin remains on foot and we await the response from the OIO and the Ministers in light of the High Court decision today" said Brendon Gibson of KordaMentha....read more


02/02/2012

Crafar farms’ Receivers extend unconditional date to 7 February 2012

The Receivers have agreed to a further extension to the unconditional date to 7 February as Pengxin continues to finalise its OIO consent conditions.


31/01/2012

The receiver extends unconditional date for Crafar Farms to 2 February 2012

The receivers have agreed to extend the unconditional date to 2 February for the purchase of Crafar Farms, to allow Pengxin International Group to deal with some final matters in its OIO approval.


20/01/2012

KordaMentha grows Forensics practice

KordaMentha has further boosted its Forensics practice through the appointment of the highly regarded Glen Unicomb to the Australian practice. The addition boosts KordaMentha's investigation, fraud risk management and regulatory compliance capabilities to service public and private sector clients....read more


22/12/2011

Pengxin must have offer for Crafar farms unconditional by 31 January 2012

Pengxin International Group have until 31 January 2012 to declare the agreement to purchase the Crafar farms unconditional. Receivers to the Crafar farms today confirmed this final deadline....read more


08/12/2011

KordaMentha establishes Perth Forensics practice

KordaMentha has further boosted its forensics practice with the appointment of two senior staff in the firm's Perth office. This make KordaMentha a national provider of forensic accounting, investigation and forensic technology services and the first real alternative to the 'Big 4' accounting firms for such services in the growing Perth market....read more


26/09/2011

Sir Michael Fay offer declined for Crafar farms

Receivers to the Crafar farms today declined the conditional offer of $171.5 million for the 16 Crafar dairy farms, from a group headed by Sir Michael Fay.
"As we have said previously, following the comprehensive sales campaign run last year we have accepted an offer from Pengxin International Group Limited which was by far the best offer at that time and remains so today," said Bredon Gibson of KordaMentha....read more


22/09/2011

KordaMentha grows Singapore Forensics practice

KordaMentha has further boosted its Forensics practice through the appointment of the highly regarded Matthew Fleming to the Singapore practice. The addition boosts KordaMentha's investigation and fraud risk management capabilities to service Asia Pacific....read more


20/09/2011

New bid for Crafar farms

Receivers to the Crafar farms today received a new bid for all 16 Crafar dairy farms, from a group headed by Sir Michael Fay, at the same time it was reported in the media (mid-afternoon). We are considering this offer which remains well below that of the purchaser, Pengxin Internal Group Limited...read more


13/09/2011

Improving our productivity, collaboration and communication

KordaMentha aims to continuously improve our operations by seeking innovative solutions to maxmise our productivity, expertise and knowledge. Recently, KordaMentha was the first business in Australia to implement Microsoft Lync 2010, a unified communications platform that has boosted productivity and enhanced collaboration....read more


02/09/2011

Ansett administration makes final landing with 96 cents in the dollar for employees

KordaMentha today announced a final payment for former employees of Ansett, bringing an end to the airline's administration. The former employees of the Ansett Group received another $5.3 million this week. This brought the average payment to 96 cents in the dollar of their entitlements....read more


08/06/2011

New start for Flinders Plaza vision

Partners at KordaMentha will search for a new developer for Flinders Plaza Shopping Centre in Townsville following their appointment as Receivers and Managers to the company controlling the site...read more


15/05/2011

Chain Reaction raises record $1.7 million

This year’s Chain Reaction Challenge, which took place last week, has set a new event record by raising over $1.7 million for charity. Chain Reaction is the Ultimate Corporate Bike Challenge that raises money for sick children by challenging senior executives who have a passion for cycling and an awareness of their corporate and social responsibilities, to ride a 1,000 plus kilometre course in seven days....read more


14/04/2011

Pengxin submit OIO Application for purchase of Crafar farms

Receivers to the Crafar farms have confirmed that the purchaser, Pengxin International Group Limited, through its wholly owned subsidiary Milk New Zealand Holding Limited, has now submitted its application for the approval of the Overseas Investment Office (OIO)....read more


08/04/2011

Griffin Power Stations sold

The Administrators to the Griffin Energy Group Pty Ltd have agreed terms with Japanese buyers for the sale of the Griffin Power entities which own two coal-fired power stations in Western Australia. The sale of Bluewaters 1 and Bluewaters 2 at Collie, 200 km south of Perth, is in two parts to subsidiaries of The Kansai Electric Power Company Inc and Sumitomo Corporation....read more


23/03/2011

KordaMentha sponsors the CIArb Asia Pacific Conference 2011

The Chartered Institute of Arbitrators Conference 2011 is a dynamic two day forum which will consider challenges and opportunities for international dispute resolution practices driven by reform and regional investment....read more


17/03/2011

Herbert Insurance Client Relationships Transferred to Aon

Michael Stiassny and Brendon Gibson of KordaMentha, the Receivers of Herbert Insurance Group Ltd (In Receivership and In Liquidation), are pleased to announce that Aon New Zealand has taken over the company’s client base....read more


18/01/2011

Voluntary Administrators appointed to Frigrite companies

Mr Craig Shepard and Mr John Park were today appointed Voluntary Administrators' of: Frigrite Refrigeration Pty Limited and Frigrite Refrigerations (QLD) Pty Limited; both subsidiaries of Frigrite Limited (ASX:FRR) ('Frigrite')....read more


11/01/2011

Receivers appointed to deliver Raine Square project

Mark Mentha and Cliff Rocke of KordaMentha were today appointed Receivers and Managers of the $500 million Raine Square development in central Perth. The receivers immediately moved onto site to complete the construction, management, leasing and sale of the landmark project....read more


16/12/2010

Receivers appointed to drive Oracle project

Mark Mentha and Mark Korda of KordaMentha were today appointed Receivers and Manager of the developer of The Oracle towers at Broadbeach on the Gold Coast. The $850 million development is one of the largest of its in Australia,...read more


15/10/2010

Receivers and Managers appointed to PrimeTrust (PTN)

Craig Shepard and Mark Korda of KordaMentha have been appointed Receivers and Managers of Australian Property Custodian Holdings Ltd (ACN 095 474 436) as responsible entity for the Prime Retirement and Aged Care Property Trust (PTN); and the following 100% owned subsidiaries:...read more


06/09/2010

Appointment to Willmott Forests

Bryan Webster, Mark Korda and Mark Mentha of KordaMentha were today appointed Receivers and Managers of the Willmott Forests Limited ('Willmott Forests') group of companies.
Willmott Forests has raised approximately $400 million of MIS investments from approximately 8,000 grower investors and currently manages in excess of 50,000 hectares of radiata pine, silky oak and she-oak plantations across Victoria, New South Wales, Queensland and the Northern Territory....read more


23/08/2010

Reflections Group employees to be transferred to new service providers

The Receivers and Managers of the Reflections Group, one of Australia's largest contract cleaning businesses, have begun a program to transfer employees to other cleaning companies....read more


13/08/2010

First distribution for Bidgee depositors

The Receivers and Managers of Bidgee Finance Limited today announced a first distribution to debenture holders of the Mildura-based rural finance company.
Craig Shepard and Mark Korda of KordaMentha were appointed Receivers and Managers of Bidgee Finance on 25 November 2008. Mr Shepard said: "Since our appointment we have paid all employee entitlements and approximately $52 million owed to the bank....read more


12/08/2010

Reflections Group for sale

The Reflections Group, one of Australia's largest contract cleaning businesses, has been advertised for sale.

Receivers and Managers Mark Korda and Andrew Malarkey tomorrow begin advertising for expressions of interest to acquire or recapitalise the Group....read more


01/07/2010

Cedenco Australia sold

Australia's largest tomato processor, the Echuca-based Cedenco Australia, has been sold to a Japanese food manufacturer after nearly eight months in receivership.
The company maintained normal production during the receivership and the sale will result in creditors being paid in full, said KordaMentha Partner Craig Shepard....read more


01/07/2010

Receivers appointed to Lighter Quay Hotel Management

Michael Stiassny and Brendon Gibson of KordaMentha have been appointed as receivers of Lighter Quay Hotel Management – the company involved with the five-star Westin Hotel complex in Auckland's Lighter Quay.
The receivership is the result of failed negotiations between Lighter Quay Hotel Management and its creditors (including room owners who lease the hotel rooms to Lighter Quay Hotel Management)....read more


30/06/2010

Successful sale of Owston Collection

International fine art auction house Bonhams has completed the sale of the Owston Collection, raising $12.1 million.
The two-day sale was entrusted to Bonhams by Adelaide chartered accountants, Stephen Duncan and Chris Powell of KordaMentha, as joint Receivers and Managers of Owston Nominees No.2 Pty Ltd....read more


29/06/2010

Sale of Cedenco Foods

The Receivers of Cedenco Foods today announced they have signed an agreement for the sale of Cedenco Foods to Japanese food group Imanaka Limited. The business will be sold as a going concern and the Receivers are delighted to be able to advise employees, the large seasonal workforce, customers, growers and suppliers that the prospective purchaser intends to continue operating Cedenco Foods in Gisborne and Hawkes Bay....read more


09/06/2010

Sale of FreightLink

Receivers and Managers, KordaMentha, announced today that they have entered into an agreement with New York Stock Exchange listed Genesee & Wyoming Inc. (GWI) for the sale of all of the assets of FreightLink, the owner and operator of the Adelaide to Darwin railway.

"In a competitive sale process conducted by UBS, GWI was selected as the preferred bidder, placing FreightLink in the hands of an experience rail operator," Receiver and Manager and KordaMentha Partner, Martin Madden, said....read more


21/05/2010

Sale of Crafar Farms portfolio

Receivers have announced today they have signed conditional Sale and Purcahse agreements with UBNZ Funds Management Ltd (UBNZFML) for the Crafar Farms portfolio of 16 farms. The Agreements are conditional on Overseas Investment Office (010) consent....read more


10/05/2010

Transurban announced as acquirer of Lane Cove Tunnel

Transurban and KordaMentha, the receiver for the Lane Cove Tunnel, today announced they have reached an agreement that will see Transurban acquire Sydney's Lane Cove Tunnel for $630.5 million....read more


19/01/2010

KordaMentha appointed to Connector Motorways

KordaMentha has been appointed Receivers and Managers to Connector Motorways Pty Limted, the owner and operator of the Lane Cove Tunnel and the Military Road E-Ramp.
KordaMentha partners, Martin Madden and David Merryweather, were appointed today by the security trustee, BTA Institutional Services Australia Limited....read more


18/02/2010

KordaMentha grows Sydney Forensics practice

KordaMentha has further boosted its forensics practice by taking on 10 new staff, including three partners. These additions boost KordaMentha's forensic accounting, forensic IT and e-Discovery capabilities to service the increasing levels of litigation and investigation in the important Sydney market and across Australia and the Asia Pacific....read more

   
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