Receivership

Navigating complexities with solutions.

Protect your interests

Working in your interest to gain back the control.

Recover what’s owed

We realise the company’s assets to recover debts owed to you.

Primary focus

Our focus is on obtaining the funds owed back to you.

Recovering with resolution

When you’re loaning or providing, it’s reassuring to know your asset is worth protecting and recovering. Sometimes things don’t go according to plan, expectations may not be met or satisfied. We put our focus on sourcing solutions to obtain debts owed. Entering receivership provides you with control on protecting and collecting assets to repay what’s owed to you.

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Who we can help

Our receivership services are for any financial institution, company, or sole trader.

Lenders

If you’re a financial instution, or individual who has provided a loan to a company, you can recover the owed funds through the process of a receivership.

Suppliers

When you’ve supplied a company with goods or services, that are failing to repay you. We can help recover the funds as receivers.

Consumers

If you’ve paid for goods or services, that are yet to be received. Don’t stay waiting. Get in contact with one of our experts today.

Employees

As an employee, you can also get in contact

A Seamless 3-Step Process

Getting the best outcome for all parties involved.

Appoint your receiver

Once you’ve signed your appointment docs, your reciver will act on behalf to take part in the following:

Protect, collect and sell assets
Distribute any proceeds stated in the court order as per legislation
Responsible for creating and lodging reports to ASIC

Analysis and investigations begin

During this step, we accurately determine assets and outstanding debts. We begin to collect, sell, and then distribute funds.

Finalising the Appointment

We finalise our reporting to ASIC and complete all our duties as receivers/managers. The last step entails resigning and handing full control back to the directors or administrators (if appointed).

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Key Experts in key moments.

There are no guarantees in business. Sometimes things don’t go according to plan. What matters most is the ability to facilitate decisions in the moments that really matter. Entering a receivership provides you with clarity and reassurance to recover what is owed.

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A tailored approach to what’s owed

“Having worked with Mackay Goodwin over the years, I have found them to be very approachable, professional, and knowledgeable in the insolvency field.”

We’ve helped many business owners through tough times over the years. We’ll do the same for you too.

David Hurst

Director & ASIC Registered LiquidatorSydney

David has a wealth of experience across receiverships, voluntary administrations and liquidations together with restructuring and turnaround engagements. Growing up in Bathurst, NSW, David’s interest in agriculture and passion for motorsport translates to his hands-on approach in the insolvency industry. Taking upon a broad range of appointments, David provides a thorough analysis of the current situations his clients are facing and provides the best possible outcome for them and other stakeholders. David’s experience allows him to draw on a broad range of prior appointments and their unique nature to facilitate the survival of a business where possible by using achievable arrangements.

Edwin Narayan

Director & ASIC Registered LiquidatorSydney

Edwin is a valuable member of the senior Mackay Goodwin team, with a huge amount of expertise and experience in running a range of different Deed of Company Arrangement proposals, for Administrations across a diverse range of industry sectors, and in all states across Australia.

Domenic Calabretta

Chief Executive Officer & ASIC Registered LiquidatorSydney

Affectionately known as the “venn diagram of insolvency,” Dom has been a two-for-one specialist for over 20 years, as both an accountant and a
lawyer. He’s a registered liquidator and solicitor, with memberships to ARITA and the IPA.

Dom’s extensive knowledge makes him an invaluable resource for navigating complex financial and legal challenges, offering business insights that
can be strategically leveraged.

A true powerhouse, having Dom on your team means tackling even the most intricate hurdles with confidence.

Expertise

Experience

Mackay Goodwin - Chief Executive Officer

January 2014 - Present
In 2014, Domenic founded Mackay Goodwin, now with over 40 staff and offices in Sydney, Melbourne and Brisbane.

Hall Chadwick - Partner

August 2001 - December 2013
Domenic commenced his insolvency career at Hall Chadwick in 2000.

Education

Bachelor of Commerce
Bachelor of Law

Qualifications

Registered Liquidator
Registered Solicitor
ARITA Advanced Certification

Memberships

ARITA Full member
NSW Law Society Full member
Institute of Public Accountants
Member of the Institute of Public Accountants
Member of the NSW Law Society

Achievements

Undertook the Liquidation of Colonial’s global diversified fund having control over $150 millionassets worldwide
Advisory services to numerous listed entities and large multinationals
Conducted numerous investigations for misconduct and fraud leading to
successful ASIC enforcement action
Advisory services to the following major financial institutions:
- CBA
- NAB
- Westpac
- BOQ
- Scottish Pacific

Awards

Australian Financial Review Fast Starters 2016, 2017
Australian Financial Review Fast 100 2017, 2018, 2019,2020
Australian Financial Review Top 100 AccountingFirms 2017, 2018, 2019, 2020, 2021, 2022
5th highest revenue growth in top 100 AccountingFirm 2018
Smart Company Top 50 2018
Financial Times High-Growth Companies Asia-Pacific 2020
Australia’s highest amount of insolvency appointments since 2019

Get in touch

Speak to one of our experts now for a free consultation. Enter your details below or call 02 8001 6520.