A recent survey from the Turnaround Management Association and KordaMentha warned that over 90% of industry professionals expect the Australian economy to slip into recession within the next two years. In its slipstream, insolvencies are expected to rise further.
“There’s demand for our expertise in Melbourne, but we needed to identify the right people to lead the business there first,” said Cathro. “We’re delighted to have appointed David Mutton and Jordan Lai.”
Appointed a Principal at Cathro & Partners, David Mutton has 15 years of experience in advisory and external administration. A registered liquidator, chartered accountant and a member of the Australian Restructuring Insolvency & Turnaround Association, his expertise includes financial viability and monitoring, restructuring, debt forgiveness, renegotiation and dispute resolution.
