Stuart Otway

• Registered Liquidator
• Registered Trustee in bankruptcy
• Chartered Accountant
• Certified Practising Accountant
• Bachelor of Commerce
• Restructuring Insolvency & Turnaround Professional (RITP)
• Fellow of CPA Australia
• Member of Australian Restructuring Insolvency & Turnaround Association
• Member of Chartered Accountants Australia and New Zealand

Stuart has gained corporate and personal insolvency experience across a number of industries including Property & Construction, Retail, Manufacturing, Logistics, Tourism and hospitality and Primary industry.

Stuart has worked on various key projects involving highly complex solutions including:

• Voluntary administration of a bakery with over 100 staff. The restructure of this business allowed for the company directors to adopt new strategies from market to operations, resulting in continuous trade and profitability.
• Successful sale of a remote wilderness resort damaged by fire.
• Deed of company arrangement of a large plumbing contractor with over 110 employees, requiring negotiations with key stakeholders on major contracts, resulting in the company continuing operation and minimise their time in administration.
• Receivership of a timber manufacturing company leading to a sale of the business as a going concern. Stuart’s involvement allowed for a substantial return to secured creditors.
• Voluntary administration of an internet services provider, resulting in the sale of the business as a going concern and a deed of company arrangement to address the claims of creditors.
• Voluntary administration of a services company providing a variety of services to pharmacies in a group with liabilities of $21m.
• Deed of Company Arrangement of a commercial cleaning company with 334 staff, resulting in the sale of the business as a going concern with no disruption to services to clients.
• Voluntary administration of a regional transport company resulting in the restructuring of the business and the continued employment of 44 staff.
• Voluntary administration of an incorporated co-operative that purchased grapes from members, manufactured wine and sold same on length credit terms. A deed of company arrangement was accepted by creditors with 3 different classes of creditors.
• Liquidator of a commercial electrical contractor with seven large construction projects underway, employee entitlements of $2m and unsecured creditors of $6m. Formal examinations of builders resulted in the recovery of approximately $1.5m with relatively little cost that would otherwise have been the subject of lengthy and expensive legal proceedings.
• Court appointed receivership of the assets of a farming partnership resulting in the sale of the assets pursuant to various court orders.
• Administration and deed of company arrangement of a civil contracting company with 19 staff and significant ongoing projects.

• Business Recovery and Turnaround
• Voluntary Administration
• Personal Insolvency Agreements
• Liquidations
• Bankruptcies