Stefanie has over eight years’ experience in both corporate and personal insolvency, having managed complex solvent and insolvent administrations and personal insolvency matters in a variety of different industries, including retail, hospitality, building and construction.
With particular interest and experience in voluntary administrations, deed of company arrangements and small business restructuring, Stefanie has a proven track record of generating positive results for all stakeholders and directors in restructuring businesses. These successes are attributable to Stefanie’s careful consideration of all available options and ability to provide tailored advice based on the circumstances of each case.
Stefanie’s knowledge and experience in restructuring businesses enables her to provide practical, commercial, and tailored advice to assist each business’s situation best.
Appointed Administrators by a secured creditor to a group of two Companies trading as a well-known home soda maker and sparkling water machine retailer with a significant online business and established customer base. Stefanie conducted an urgent viability assessment and subsequently oversaw trading of the business for three months whilst concurrently restructuring and conducting the sales campaign, which culminated in the successful sale of the business and assets.
Appointed Administrators to an engineering and construction business that specialised in the construction of bridges for major roadwork projects, including the Westgate Tunnel Project. During the Administration, Stefanie was key in negotiating and liaising with the head contractor and key suppliers, assessed, and provided recommendations in relation to two competing Deed of Company Arrangements that were proposed in light of the purpose of the Administration process and ultimately achieved a successful return to unsecured creditors of ten cents in the dollar.
Appointment to two Companies that owned a premium cinema that provided screenings of films for the benefit of potential purchasers, cinema hire for private and corporate functions and completed in-house post-production services and audio work for films acquired and distributed by the companies. Stefanie managed the restructure and trading of the companies during the Administration period, which resulted in a Deed of Company Arrangement to compromise the debts incurred during the COVID-19 pandemic period, which had severely impacted the Companies’ ability to generate sufficient cash flow due to the restrictions imposed on the film and entertainment industry.
Managed the receivership appointment of three Companies, which owned aircraft, including helicopters and spare parts worth c. $50 million, and trading a business providing flight training and tourist helicopter flights. The secured creditor/appointor was owed c. $11 million. During the receivership, Stefanie facilitated meetings with key stakeholders, including government bodies and international parties. Stefanie managed the asset realisation process, which included implementing stock takes, investigations, collation, and information reconciliation.
Successfully utilised the small business restructuring process to restructure a registered NDIS provider, which specialised in providing accommodation and community access support to adults with disabilities. Stefanie prepared and assessed budgets and forecasts with the Company and external accountant, as well as implementing operational, procedural, and structural changes to the company to improve its trading position and return the Company to a position of solvency. The Restructuring Plan resulted in a return to unsecured creditors of twenty cents in the dollar.