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New Partner at Cor Cordis (Sydney)
1 February 2021 Announcements

Cor Cordis is very pleased to announce the appointment of Neil Cussen as a new Partner in the firm’s Sydney office, effective 1 February 2021. Neil joins us from Deloitte where he was a Partner. He has 35 years of experience in the Insolvency and Reconstruction industry, 20 years as a Partner. During this time… Read more

Cor Cordis successfully delivers transactions on two major Box Hill development sites
22 December 2020 Announcements

The team, led by Barry Wight and Lou Todesco, were assisted by Colliers International in the landmark sale of the former St Leo’s College site in Box Hill South – a 50,116sqm residential infill development site. Over 200 enquiries were received and 13 bids placed on the property, which sold for $61 million. Cor Cordis… Read more

Cor Cordis successfully completes the sale and restructure of retailer kikki.K
6 August 2020 Announcements

Barry Wight and Bruno Secatore of Cor Cordis were appointed as Receivers and Managers of the established and leading stationary brand kikki.K on 10 March 2020. kikki.K is a retailer with a network of stores in Australia, an ecommerce site that ships to approximately one hundred and fifty (150) countries worldwide and a growing wholesale… Read more

MICHAEL SKLOVSKY PTY LTD (FORMERLY TRADING AS ISHKA) (SUBJECT TO DEED OF COMPANY ARRANGEMENT) ACN: 005 417 327 (THE COMPANY)
26 June 2020 Announcements

ISHKA’ FORMER ADMINISTRATORS’ STATEMENT As you may be aware, Barry Wight and I were appointed administrators of the Company on 20 February 2020. Business Sale Deed and appointment of Deed Administrations Effective 5 June 2020, the assets of the Company, including the business operating as Ishka, were sold to Sahasrara Pty Ltd (trading as Ishka)… Read more

ARITA Announcement
28 April 2020 Announcements

Cor Cordis is pleased to announce that Rachel Burdett, Partner has been re-appointed as Chair of the ARITA Vic/Tas Division Committee and to the ARITA National Board. Rachel has been an active member and participant with ARITA for numerous years, contributing as a committee representative, trainer and workshop leader. In 2019 she was appointed Chair… Read more

FINANCIAL MANAGEMENT OF COVID-19
9 April 2020 Industry Insights

COVID-19 is having an enormous impact on communities and businesses around the world. Navigating the financial impact to minimise its effect and creating a platform for future opportunities requires careful consideration of the information and options available. This is followed with the formation and timely delivery of effective strategies. Our team are experts in dealing… Read more

Helping clients with companies in financial distress
20 March 2020 Industry Insights

In these difficult and challenging times, many accountants will have clients coming to them seeking advice and looking for options in relation to current ore anticipated financial distress. The options available to your clients will depend on their solvency status. This article covers the concept of corporate insolvency, how this affects the options available to… Read more

ISHKA ADMINISTRATORS’ UPDATE
19 March 2020 Announcements

Michael Sklovsky Pty Ltd (Administrators Appointed) – Trading as ISHKA. The Supreme Court of Victoria (the “Court”)  has, on 18 March 2020, made Orders granting an extension of the voluntary administration’s convening period up to 20 June 2020. A copy of this Order, along with a circular to relevant stakeholders, are enclosed. Click here to… Read more

COVID-19 Notice
18 March 2020 Announcements

We want to provide a brief update to all our clients and contacts on how we are dealing with the unfolding COVID-19 pandemic, given our business focus is on assisting and advising clients facing difficult and distressed times. We have developed an internal pol icy and guidance allowing our team to work from home /… Read more

DIRECTOR PENALTY NOTICES – AN OVERVIEW
2 March 2020 Industry Insights

Director Penalty Notices are notices issued by the Australian Taxation Office ( “ATO” ) that can make the Directors of a company personally liable for the company’s tax obligations. The DPN has two purposes: to advise of the company’s tax liability and the cor responding penalty raised, and to set out the options that may… Read more