EXPERIENCE

Simon Cathro

Following a meeting with creditors today, Simon Cathro and Andrew Blundell of Cathro & Partners have been appointed liquidators of the three Australian companies within the Metigy Group.
Small businesses have had to adapt to COVID’s effects on the economy over the past two years. They are now dealing with a whole new set of difficulties, including rising inflation, lack of workers, high consumer demands, and supply chain issues.
It has been pretty well documented in the mainstream media, the issues that have faced the construction industry over the past 12 months. Volatility within the market has been caused by a mix of supply chain issues, rising costs of materials and labour shortages.
Major economic disruptions like COVID, low interest loans and supply chain problems, increase the need and opportunity for financial fraud. How do certified fraud examiners detect fraudsters who “fudge the figures”?
Cathro & Partners operates primarily on the eastern seaboard of Australia while Auxilium operates out of Western Australia. This alliance will expand our firms’ insolvency, restructuring, turnaround and forensic professional service capabilities nationally.
Sydney – Insolvency experts Cathro & Partners are investigating the sale of assets and intellectual property for marketing technology business Metigy following the recent announcement of its voluntary administration.
“Distress in construction and some practical tips that construction businesses might take in situations when they are staring down a financial distress situation”.
Creditors for Enova Community Energy and Enova Energy have voted in favour of Deeds of Company Arrangement (DOCA) for each company that will see the entities avoid liquidation and facilitate a better return for creditors.
This article aims to outline to the readers how the proper management of working capital is critical to achieving growth that generates value and strengthens returns across sectors.
Cathro & Partners are experts in providing insolvency and restructuring services that help to create and preserve business value.