Industry Sectors

• Due diligence review on business case involving purchase of commercial aircraft and lease to third party operator 
• Due diligence review on proposed third party operator 
• Analysis of industry and operational risk assessment 
• Preparation of risk matrix and mitigation strategies 
• Scenario analysis – financial projections prepared on a number of potential scenarios

• Bank-initiated review of regional courier/taxi truck operator 
• Review of operations, financial performance and cashflow 
• Reported on operational and financial performance improvement initiatives and advised on restructure of banking facilities

• Small regional transport operator, mainly dealing with livestock and grain transport 
• Bank-initiated review of operations and assessment financial position 
• Reported on optimal banking facilities and covenant suite 
• Advice on divestment of underperforming operations and assets

• Appointed to recover and realise two Boeing 747-400 aircraft following the collapse of this Hong Kong-based budget airline

• Consulting on the sale (and subsequent winding-down) of an underperforming business unit within a larger transport and logistics group

• Bank-initiated review of specialist heavy haulage operator
• Undertook detailed review of operations and cashflow
• Put forward a range of options to the financier to manage their exposure, including consideration of potential exit strategies

• Queensland-based trucking company 
• Implemented a management agreement to enable the company to trade while the business sale was negotiated 
• Sale of business agreement executed, all employees retained by the purchaser 
• Company continues to trade under new ownership
  

• Business operated in express pallet, parcel and 3PL markets 
• Traded for three weeks in Administration whilst expressions of interest sought 
• Ongoing trading losses and weak demand resulted in operations being wound down and realisation of assets

• Receiver and Manager of 3PL operation with capacity of approximately 10,000 pallets across a number of warehouses
• Business traded whilst advertised for sale
• Operations restructured with NSW business packaged for sale
• Realisation of factored debtor book

• Valuation of a business with a significant aviation leasing portfolio 
• Valuation completed utilising several methodologies 
• Assignment concentrated on current and future value of aircraft, lease expiry and return condition

• Financier-initiated review of bulk liquid transporter 
• Subsequent engagement as Receivers and Managers to oversee the winding-down of operations and realisation of assets

• Advisor to twelve international banking syndicates (owed a combined $1.2 billion) in relation to the Australian Voluntary Administration regime
• Acted as representative of banking syndicate  during Administration process, liaising with Administrator
• Recovery and sale of 32 commercial aircraft

• Trucking/3PL outfit operating circa 100 trucks and trailers. 
• Co-ordination of the tracing, recovery and realisation of vehicles across Australia, in conjunction with Receivers

• Lending syndicate-initiated restructuring assignment 
• Nine month restructure project resulted in the syndicate’s exposure reducing from $1 billion to $700 million 
• Appointment of Receivers leading to sale of rail, aviation and shipping assets

• Bank-initiated review of operations and financial performance 
• Assessment of the Bank’s security position 
• Receiver and Manager controlled winding down of operations and realisation of company assets

• Advisor to Indonesian holding company on solvency and restructuring alternatives for non-trading former commercial airline

• Non-trading owner of a shipping vessel 
• Recovery and placement of vessel for sale 
• Management of sale process

• Australia’s largest regional airline at the time and a subsidiary of Ansett Australia
• Advisor to banking syndicates 
• Recovery, maintenance and placement of 13 regional aircraft with major US airline
  

• Receivers and Managers on behalf of a financier with debts of circa $30 milion. 
• Australia’s 8th largest trucking company by asset size 
• Traded the business whilst advertising for sale of business 
• Interim restructure to reduce operating costs 
• Vehicles traced across Australia and secured

Outcome:

• Sale of business ultimately unsuccessful 
• Assets and service contracts packaged and sold 
• Realisation of surplus assets
  
  

• International commercial airline with annual turnover of circa $2.4 billion 
• Advisor to creditors’ committee of bondholders in relation to the financial restructuring 
• Restructuring proposal negotiated over a two year period, which was accepted by a majority of bondholders 
• The restructure stabilised the company’s financial footing

• Completion of going concern sale of business 
• Realisation of sundry assets, including factored debtor ledger

• Regional commercial airline 
• Business was traded whilst being advertised for sale