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ABL recognised at 2020 TMA Australia awards

Banking & Finance, Restructuring & Insolvency, Workplace Advisory
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Arnold Bloch Leibler advised on two deals that were recognised at the prestigious Turnaround Management Association (TMA) Australia’s annual awards.

The TMA Awards program recognises the industry’s professional achievements by showcasing individuals who have assisted in the recovery or recapitalisation of a struggling business.

Turnaround deal of the year: Central Adelaide Local Health Network

Mark Mentha and Chris Martin led the team at KordaMentha on the financial, operational and cultural review and transformation of Central Adelaide Local Health Network (CALHN), South Australia’s public healthcare network. Our workplace and advisory team, Bridget Little, Rachel Soh and Sophia Charles advised on the employment and industrial aspects arising from this turnaround, including in relation to organisational restructuring, disputes and workplace reform.

Restructuring deal of the year: Axsesstoday

Glen Kanevsky, Vaughan Strawbridge and Sal Algeri led the team at Deloitte in the administration of SME lender, Axsesstoday. Our cross-practice team included Leon Zwier, Genevieve Sexton and Jason van Grieken who worked with the administrators on the restructure and $260m sale of Axsesstoday to an affiliate of private equity firm, Cerberus Capital Management.

The awards were announced at TMA's 2020 virtual conference on 1 December 2020.

ABL is known for advising on some of the most complex restructuring and insolvency matters in Australia.

About Arnold Bloch Leibler

Arnold Bloch Leibler is a premium Australian commercial law firm renowned for advising clients on their most important transactions, commercial issues and disputes. From offices in Melbourne and Sydney, the firm provides advice to a diverse range of entrepreneurial Australian listed companies, family businesses, high-net-worth individuals and international corporations. The firm also has a dedicated pro bono practice providing advice on social, environmental and cultural issues to more than 150 charitable and not-for-profit organisations.

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