PATTISONS PROFILE

CORPORATE OBJECTIVE
PROFILE
PROFESSIONAL ADVICE AND CONSULTATION
INSOLVENCY AND RECONSTRUCTION ADMINISTRATION
BANKRUPTCY ADVICE AND ADMINISTRATIONS

CORPORATE OBJECTIVE

To be a leading insolvency administrative and business skills provider at the highest standard of professional quality, expertise and RESPONSIVENESS.

PROFILE

Pattisons is a boutique accounting practice.

Pattisons provides a range of services in Personal and Corporate Insolvency Administration, Bankruptcy, Litigation Support and Investigative Accounting

Pattisons offers an extensive range of consultative services that are tailored to the needs of the individual or company.

Pattisons provides advice on:
• Business Restructuring
• Company Restructuring
• Corporate Insolvency
• Credit Control Procedures
• Creditors Meeting
• Creditors Rights
• Debt Recovery
• Debt Security
• Dispute Resolution
• Insolvency Administrations
• Mediation Services
• Personal Insolvency
• Problem Debt Reviews
• Problem Loan Reviews

Just as business types and structures vary, Pattisons carefully selects the right people from their team, to propose the strategy that will achieve the best possible outcome for all parties involved.

Pattisons has personnel with extensive backgrounds in corporate and personal insolvency, who have been recruited from private sector accounting firms, the Australian Securities and Investments Commission (ASIC), Insolvency Trustee Service Australia (ITSA) and major banks and financiers.

PROFESSIONAL ADVICE AND CONSULTATION

Pattisons currently consults to:

• Accountants
• Banks
• Commonwealth Government Departments
• Credit Managers
• Debtors
• Directors
• Financiers
• Individuals
• Public Companies
• Private Companies
• Solicitors
• State Government Departments

Pattisons’ consultative process provides specialist advice in financial restructuring, insolvency and general business dealings.

At all times Pattisons endeavours to work with their clients to gain a true understanding of their circumstances so that Pattisons can offer informed advice.

INSOLVENCY AND RECONSTRUCTION ADMINISTRATION

With the exception of unscrupulous operators, no one wants their companies or business(es) to become insolvent.

However, due to foreseeable, unforeseen, internal or external factors, there are times when a business entity requires professional assistance to meet its financial obligations.

In such circumstances, an organisation is advised to rely on expert advice. In terms of potential insolvency, it is necessary to refer to an experienced practitioner, who can take the known circumstances into account, and determine the processes necessary to achieve the best possible outcome for all concerned.

Pattisons is able to administer business entities in financial difficulty on behalf of proprietors or lenders, with a view to restructuring activities as well as providing assistance to management and acting in general advice assignments.

By understanding the appropriate way to organise, structure or restructure a company, business or organisation, Pattisons is able to offer assistance necessary to achieve an agreed outcome.

BANKRUPTCY ADVICE AND ADMINISTRATIONS

Pattisons administers bankrupts’ estates for the purpose of investigating a bankrupt’s affairs, recovering the bankrupt’s assets, and providing distributions to creditors.

Personal insolvency can arise in any number of circumstances. Pattisons can assist you having an understanding of its cause and impact.

In administering or advising on circumstances where an individual is insolvent, Pattisons is able to assist creditors in exercising their rights by advising on the particulars as to claims that can be asserted against an estate and the effectiveness of any recovery action. Upon formal appointment, Pattisons’ Trustees can identify and realise assets, recover antecedent transactions and effect other realisations for the purpose of making distributions to creditors in accordance with the relevant statute.

For the individual in financial difficulty, Pattisons can provide an understanding of the claims being asserted by creditors and provide advice on the various processes that may be followed.