Andrew Cummins
Principal
In the current economic environment, the voluntary administration regime represents a powerful and flexible tool for distressed corporate entities to deal with legacy issues. A proactive approach by directors in applying the regime early with an experienced insolvency practitioner maximises the opportunity to resolve financial problems and survive.
Andrew is a registered liquidator and principal of BRI Ferrier with over 25 years’ insolvency experience specialising in the property, construction, retail and mining sectors. He also has particular experience in insurance broking and recruitment.
Andrew’s focus in recent years has been advising financiers on their exposures, providing reconstruction services to both companies and financiers, and where required, accepting formal appointments.
Andrew is known for his skills in negotiating commercially practical solutions where other stakeholders involved have conflicting aims and desired outcomes. His approachability and straightforward nature are key attributes when executing the best available strategy for his clients.
Experience
- Receiver and manager of LKM Capital Limited, dealing with property, loan and other assets in excess of $75 million.
- Voluntary administrator and liquidator of the Wideform Group of Companies. The Wideform Group of Companies operated a large formwork and construction business with over 600 employees in New South Wales and Queensland.
- Voluntary administrator and deed administrator of Strathfield Group Limited, an ASX-listed retailer of car audio, mobile phones and other electronic products with over 350 employees at 60 locations in New South Wales, Queensland, Victoria and South Australia.
Qualifications and memberships
- BEc (Economics) - The University of Sydney
- Registered liquidator
- Member, Chartered Accountants Australia and New Zealand
- Member, Australian Restructuring Insolvency and Turnaround Association