Adam Cormack

Director - Canberra

Adam is a Director in the Canberra Restructuring and Insolvency division.

Adam loves working with people to find a solution. After entrenching himself in a business and assessing its opportunities, he finds it extremely satisfying working with a variety of stakeholders to achieve the best outcome. 

His role is not just about numbers, it’s about people’s lives, and that’s why he works hard to find a solution that provides maximum benefit for all parties.

"I am motivated by providing assistance to numerous owners for implementing strategies to restructure their businesses in a way that meets their desired needs."

In his spare time, you’ll find Adam attempting almost any outdoor activity with a particular interest in rugby league, motorbikes and recently mountain biking. 

When the Canberra winter sets in, Adam enjoys spending time with his family, watching sports and going to the gym, trying to never take anything too seriously.

SOLUTIONS ADAM PROVIDES

•    Corporate insolvency services
•    Restructuring, recovery, and insolvency expertise
•    Asset protection/structuring for directors and business
•    Business restructuring
•    Financial investigations
•    Litigation support/business valuations
•    Official liquidations
•    Business recovery
•    Family business meeting facilitation and mediation
•    High-level government and commercial consulting
•    Valuations and investigations
•    Restructuring and recovery advice strategic and business reviews
•    Restructuring and Insolvency Services in Canberra

SIGNIFICANT PROJECTS

•    Managed all facets of the Voluntary Administration and subsequent Deed of Company Administration for a provider of above and below wing services to domestic and International airlines across airports in QLD, NT, NSW, ACT, VIC and SA
•    Managed the finances, leasing strategy and operations of an individual with a portfolio of in excess of $45million which included a tavern, holiday park and service station
•    Managed the realisation strategy for a leading globally recognised geological petroleum exploration company subject to Voluntary Administration
•    Managed the Voluntary Administration of a construction enterprise with in excess of $400m in active construction projects
•    Managing operations and realisation strategy for a South Australian Gold mine subject to receivership.
•    Confidential review of a not-for-profit medical enterprise and mapping out various options have now allowed the board to improve the net balance sheet via debt compromises and Government funding support.

REGISTRATIONS

•    Registered company liquidator

ASSOCIATIONS

•    Member of Chartered Accountants Australia & New Zealand
•    Australian Restructuring Insolvency and Turnaround Association

AWARDS

•    CAANZ President's Prize Winner
•    CAANZ Candidate of the Module (Top mark of all candidates) – Taxation
•    CAANZ Certificate of Merit (Top 5% of all candidates) – Financial Accounting & Reporting