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Today on the Take on Board podcast, Helga I speak to Kate Conneely about voluntary administration, what it is, what it can be used for and why directors should consider it as part of their governance framework.
Kate is a partner at KordaMentha and a registered liquidator. She brings over 13 years’ experience specialising in formal insolvency, restructuring and litigation strategy. In her role as registered liquidator, she, in effect, assumes the position of the board on each company to which she is appointed.
Kate has a proven track record dealing with small enterprises through to large corporate groups, across a broad range of industries and restructuring scenarios, including playing a lead role in the Arrium administration. Most recently, Kate was appointed as administrator of Equestrian Australia Limited. Appointment occurred in June 2020.
Fun fact – or maybe not so fun fact – Kate is one of the 7.6% of women who are registered liquidators across Australia. Whilst KordaMentha are punching above their weight on this – they have double the national average – this still only represents 16% of the registered liquidators there. Kate is passionate about nurturing and supporting women to become registered liquidators so we can change this statistic.