By building strong relationships with my clients, I align myself to their goals and lead through uncertainty to develop a solution quickly. My pragmatic approach, commerciality and passion for bringing people together for a common goal assists me in navigating the best way forward.

Mark Brereton
Business Recovery and Insolvency Director

Mark Brereton

Director

Mark is a Director in the Business Recovery and Insolvency team and has over twelve years of experience with global accounting firms delivering corporate and personal insolvency, restructuring and advisory services across a broad range of sectors.

Mark provides clarity to stakeholders on their strategic options in times of financial distress. He specialises in contingency planning, restructuring and turnaround, and all types of formal insolvency appointments.

Mark has significant experience and specialises in industries including agriculture, tourism & hospitality, property & construction, transport & logistics, managed investment schemes and retail.

Recent examples of Mark's work include:
  • Trading receiverships (including the management and sale) of various primary production entities across Tasmania and Victoria.
  • Conducting turnaround assignments, independent business reviews and monitoring exercises on behalf of financiers, government departments and directors.
  • Court appointed receivership of a land banking scheme with over one hundred and fifty investors, wound up on just and equitable grounds.
  • Preparing approximately thirty solvency reports for use in litigation and voidable transaction claims for the benefit of creditors.
Qualifications and memberships:
  • Bachelor of Commerce (Accounting and Finance) - University of Melbourne
  • Bachelor of Laws - Deakin University
  • Professional Member - Australian Restructuring Insolvency & Turnaround Association (ARITA)
  • Member of Chartered Accountants Australia & New Zealand (CA ANZ)

 

Website Thumbnail (1)

Business Recovery and Insolvency

ATO Debt Recovery Warning: Managing Client Exposure

The Australian Taxation Office (ATO) has sent its strongest message yet in relation to debt enforcement since the commencement of the COVID-19 pandemic. As many as 50,000 directors were recently sent warning letters of an impending Directors Penalty Notice (DPN) and consequently potential personal liability for company tax liability pursuant to the DPN program if they don’t actively engage with the ATO and deal with the tax liability.

20 April 2022