ABOUT US OUR PEOPLE Andrew Cummins

Meet Our People

Cummins Andrew 513 8467

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

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Insights by Andrew Cummins
FTX – New World Technology – Old World Reasons For Failure
Fri Apr 14Industry Insights

FTX – New World Technology – Old World Reasons For Failure

FTX Group was established in 2019 and briefly operated in 250 countries. It “controlled” tens of billions of dollars’ worth of assets, had millions of customers, and processed millions of transactions a day. Prior to John J Ray III’s appointment as the FTX Group’s CEO, almost six months ago, it did not have a complete […]
The Lexicon of Web3 NFTs and Blockchain
Wed May 11Inside Edge

The Lexicon of Web3 NFTs and Blockchain

Welcome to the brave new world of web3, NFT’s and the metaverse. In discussions on these topics we often hear the phrase “…we are still early…” and that is certainly true. Fortunes will be made and lost but there is no doubt that developments currently underway will impact our lives in ways which we, as […]
When an expert witness is not required in an insolvent trading claim – the case of Treloar Constructions v Brian McMillan
Tue Oct 4Industry Insights

When an expert witness is not required in an insolvent trading claim – the case of Treloar Constructions v Brian McMillan

A number of issues may prohibit the prosecution, or defence, of insolvent trading claims in the courts. One is cost. It’s sometimes assumed, in such cases, that it’s mandatory to engage the services of a forensic accounting professional to produce a formal expert witness report. The expense of such reports can be high – in […]
ATO flexing its new(ish) muscles
Wed Sep 11Industry Insights

ATO flexing its new(ish) muscles

The ATO has taken some time to reveal their new powers to recover debts under the new director penalty notice (DPN) regime. The new regime came into effect in June 2012. Initially it appeared that the ATO was reluctant to exercise its new powers. It now appears that the grace period has ended, and the […]