Director
Nicholas Pagounis
T:
+61 3 8320 5661
M:
Melbourne
As a director as Cor Cordis, Nicholas offers a hands-on and commercial approach to problem solving, while being able to draw on his diverse skills and experience.
Nicholas has over 15 years of professional services experience in accounting and has developed a broad skillset having worked across multiple service lines, including business restructuring, insolvency, litigation and dispute resolution, and forensic accounting.
Nicholas’ experience has been established through working closely with accountants and their clients facing financial difficulty, and also with lawyers on all types of insolvency engagements, complex investigation and litigation matters. His clients have ranged from SMEs to large corporate clients and government.
Liquidation of an ASX-listed unit trust in the retirement village industry with over 9000 unitholders. The matter involved legal claims of over $200m in respect to voidable transactions, negligence, breaches of fiduciary duties and equitable claims. The proceedings were subject to multiple directions hearings, mediations and trials, resulting in settlement.
Voluntary administration and liquidation of a large residential builder, which included management of a trade on during an extended voluntary administration period to allow homes to be finished and settled, and other properties and display homes to be sold.
Voluntary administration and Deed of Company Arrangement (DOCA) of a chemical and pesticide business, which traded on during an extended voluntary administration period to allow a sale to a third party, in conjunction with a proposal put forward by directors that was approved by creditors allowing employment and business to continue.
Trade on receivership for the orderly winding down sale of a retail sports outlet franchise in regional Victoria, where the business and remaining assets were sold to an employee of the business. This final sale transaction allowed for continued employment and a continuing business in a restructured capacity, and control of the company was handed back to its director.
Ongoing forensics accounting advisory services to assist a major Australian sports body in undertaking inspection procedures into capped spending on salary and other expenses by clubs.
Management of a corporate group in deceased estate for over 10 years on behalf of directors appointed pursuant to court orders in a family litigation dispute. The entities owned 15 commercial properties, subject to tenancies and ASX-listed shares and were subject to complex taxation issues and trust structures.
