While SV Partners work with a wide range of businesses and individuals, we often have cases that set a benchmark for how we assist our clients. Below are a few case studies, for anyone that may be in a similar situation and looking to see what process they will have to go through.
A large transport company provided services predominantly to growers of fresh produce and operated with an extensive company fleet, throughout various states in Australia. The Company owed money to secured and unsecured creditors and employee entitlements.
A National Pizza Franchise, operated a network of franchised pizza stores with its head office based in Brisbane. The Company owed over $4m to a secure creditor, upwards of $1m in employee entitlements and over $4m to unsecured creditors. SV Partners were appointed administrators.
The Company produced food packaging for major supermarkets and food retailers and owed an outstanding debt to a secured creditor. In addition to this there were conflicting ownership issues surrounding plant, equipment and intellectual property.
SV Partners were appointed as Voluntary Administrators to a Home Loan Broking Franchise due to increasing pressure from creditors. The amount of debt owed to creditors was in excess of $10m.
Due to a shareholder dispute, SV Partners were appointed as the Liquidators of a large horse stud farm located in regional New South Wales. Assets consisted of various plant, equipment and property.
SV Partners were appointed as Voluntary Administrators to a jewellery wholesaler/retailer. The business grew exponentially within a short period of time and subsequently faced significant management and operational challenges.
SV Partners were appointed as Voluntary Administrators of an aluminium louvre business. The business had ongoing contracts and was facing significant operational and financial challenges.