KordaMentha is an Australia

Australia

Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...

n business known for their work as insolvency

Insolvency

Insolvency means the inability to pay one's debts as they fall due. Usually used to refer to a business, insolvency refers to the inability of a company to pay off its debts.Business insolvency is defined in two different ways:...

 and restructuring practitioners. They also provide Corporate Recovery Services, Turnaround Restructuring Services, Real Estate Advisory (distressed situations) and Forensic services. The business was formed in April 2002 by Mark Korda and Mark Mentha.

Evolution

KordaMentha partners undertook the first Voluntary Administration in Australia, the largest Voluntary Administration in Australia (Ansett Australia

Ansett Australia

Ansett Australia, Ansett, Ansett Airlines of Australia, or ANSETT-ANA as it was commonly known in earlier years, was a major Australian airline group, based in Melbourne. The airlines flew domestically within Australia and to destinations in Asia during its operation in 1996...

 with 42 companies, 15,000 employees and >$1 billion assets), the largest Group of Voluntary Administrations in Australia (Stockford Ltd with 84 companies) and more Voluntary Administrations than any other insolvency firm in Australia in 2003.

By 31 March 2003 KordaMentha had expanded its business with licensed offices in Perth, Brisbane and Adelaide.

During FY05 KordaMentha grew its Perth and Sydney practice with senior partners and staff joining the firm from Ernst & Young

Ernst & Young

Ernst & Young is one of the largest professional services networks in the world and one of the "Big Four" accountancy firms, along with Deloitte, KPMG and PricewaterhouseCoopers ....

.

KordaMentha now has over 350 staff, with offices in all Australian capital cities, Auckland and Singapore as well as international affiliates in the UK and US.

KordaMentha’s associated business are:

• 333 Capital was established in 2003 to act as lead advisor to entities which are considering sale, merger and/or acquisition transaction, acquisition or vendor due diligence investigations, independent transaction co-ordination and management, capital raising and restructuring.
• 333 Consulting was established in 2005, formerly 333 Performance Management, to provide corporate turnaround, performance improvement, people and performance and IT optimisation services.
• 333 Management was established during 2009 to manage distressed companies for extended periods
• 333 Real Estate was formally established in 2006 to act for many clients in the broader property investment, development and tenancy markets
• Accordius is a privately owned personal funds management business.
• Calibre Capital is an independent real estate funds management firm that holds an AFS Licence to deal and advise on Managed Investment Schemes and securities for wholesale and retail investors.
• Forensics was established in 2007 providing forensic solutions to clients in Australia and Asia-Pacific.

Major Engagements

• Ansett Australia
  Ansett Australia
  Ansett Australia, Ansett, Ansett Airlines of Australia, or ANSETT-ANA as it was commonly known in earlier years, was a major Australian airline group, based in Melbourne. The airlines flew domestically within Australia and to destinations in Asia during its operation in 1996...
  
  : Trade-on Administration of Australia’s No. 2 airline with annual turnover of A$3.2 billion. Proceeds from business and asset sales are estimated to total A$1 billion.
• Cross City Tunnel
  Cross City Tunnel
  The Cross City Tunnel is a 2.1 km-long tunnel located in Sydney, Australia. It links Darling Harbour on the Western fringe of the central business district to Rushcutters Bay in the Eastern Suburbs...
  
  :
• Griffin Coal:
• Hans:
• Lane Cove Tunnel
  Lane Cove Tunnel
  The Lane Cove Tunnel is a A$1.1 billion, 3.6 km twin tunnel tollway in Sydney, Australia, connecting the M2 Motorway at North Ryde with the Gore Hill Freeway at Artarmon. It forms part of Sydney Metroad 2 and the 110 km Sydney Orbital Network...
  
  :
• National Parts:
• Stockford Ltd: Voluntary Administration of 84 companies comprising 42 separate accounting practices Australia wide with 900 employees. All accounting practices sold with a first dividend of 50c and a second dividend of 15c paid to unsecured creditors.
• Tassal
  Tassal
  Tassal is Australia's largest producer and exporter of Atlantic Salmon. Modern aquaculture methods are used in the production of salmon by the company.The company is largely based in Tasmania, with marketing offices located in Melbourne....
  
  :
• Timbercorp
  Timbercorp
  Timbercorp, a now-defunct managed investment scheme within Australia from 1999 to 2008, was established to manage superannuation and investments in agriculture...
  
  :
• Westpoint Group
  Westpoint Corporation
  Westpoint Corporation Pty Ltd was the head company of the Western Australian based Westpoint Group of Companies which was primarily engaged in property development and raising finance for that purpose. Receivers and managers were appointed on 2 February 2006. Prior to the collapse the corporation...
  
  :