The Crouch Amirbeaggi team is composed of highly talented professionals who are qualified as:
- Official Liquidators
- Chartered Accountants
- Trustees in Bankruptcy
- ARITA members
Crouch Amirbeaggi was established over 12 years ago. Currently there are around a dozen staff members in our Sydney office.
We have worked on around 1,000 corporate and personal insolvencies worth in excess of $600 million in creditor claims.
We find turnaround work to be the most dynamic and rewarding. We are proud to have traded and sold nationwide businesses worth in excess of $100 million in assets and 3,000 creditors.
We recognise that our core expertise is small business. We are well established turnaround experts in the SME market.
We are pioneers in the use of pre-packs in Australia, which are the most cost-effective process for saving small businesses from insolvency. Our contribution to legislative reform via submissions and numerous personal attendances to the Senate Enquiry and Federal Government's Options Paper into insolvency evidences our commitment to developing the best turnaround process in Australia. Our proposals and practice have been published in the Australian and the UK national insolvency journals and last year our partner Nicholas Crouch was one of the keynote speakers at the Insolvency Practitioners' NSW and National Conferences.
Our Managing Partner, Ms Shabnam Amirbeaggi, is a former state finalist of the Telstra Business Women's Awards and is the only woman in Australia who is both a Managing Partner of an insolvency practice and dual qualified official liquidator and trustee in bankruptcy. She was recently selected by the CPA as one of their 40 Young Business Leaders of 2013.
The partners of Crouch Amirbeaggi are official liquidators and trustees in bankruptcy. Currently we are appointed to hundreds of liquidations and bankrupt estates across the country, and are responsible for various liquidations worth in excess of half a billion dollars of claims by creditors in matters we control.
Matters we have administered which you may have read about include the following:
- Ansett Airlines. We directly advised the unions which led to the development of the Government Safety Net for employee entitlements which has been legislated into the Fair Entitlements Guarantee (FEG);
- Heritage Fine Wines Pty Limited;
- Sydney Kings Basketball Team;
- The $100M bankrupt estate of Mark Peters; and
- The $400M liquidation of Elderslie Finance Corporation Ltd.
Our practice is over twelve years old, and our senior staff members have combined insolvency experience exceeding 50 years. We have always operated nationwide via a network of strategic alliances with good operators in each state.
Today we are delighted to have clients that include the top 4 banks, second-tier lenders and hundreds of accountants and lawyers nationwide.
There are approximately 664 registered liquidators and 200 trustees in bankruptcy in Australia. Collectively, we will administer approximately 30,000 personal bankruptcies and 10,700 corporate appointments each year.
We invite you to call or email us and ask to speak with one of the following:
- Official Liquidator;
- Trustee in bankruptcy;
- CPA or Chartered Accountant with law or accounting qualifications;
- Member of the ARITA (Australian Restructuring Insolvency & Turnaround Association); or
- Court Officer.
We deliver the big firm expertise with a small firm personal touch. We pride ourselves at being the cost effective alternative to the big insolvency firms. The Federal Government's Senate Enquiry Report into insolvency indicated that our professional fees are about one third lower than the big firms' professional fees. If you would like to engage us to implement a turnaround or restructure solution, you will be charged at our normal hourly rates.
At Crouch Amirbeaggi, we know we are experts in insolvency. From our years of experience, we understand that needing the services of an insolvency practitioner can be emotional. We pride ourselves on delivering viable, legal and responsible solutions to your financial difficulties. We want to educate you about your options so you understand the alternatives available to you.
The services we offer include:
- Pre packs: A legitimate means to phoenix an insolvent company
- Informal private advisory
- Voluntary administration
- Deed of company arrangement
- Secured creditors services
- Alternatives to bankruptcy
If you need our services we are always happy to have a confidential discussion without cost or obligation and we invite you to contact us.