From Chaos to Control: Effective Cash Flow Management
Monitoring, analysing, and optimising the inflow and outflow of cash within a business is a vital component of any turnaround. It involves effectively...
From Chaos to Control: Effective Cash Flow Management
Monitoring, analysing, and optimising the inflow and outflow of cash within a business is a vital component of any turnaround. It involves effectively...
Managing a Crisis: During Times of Significant Financial or Operational Distress
Strategic and operational changes need to be implemented by businesses during times of significant financial or operational distress...
How to Value Distressed Companies
Valuing distressed companies can be challenging due to the unique circumstances they face. Traditional valuation methods may not...
Role of Private Credit in Shaping the Economy
Private credit has been experiencing significant growth, now exceeding £100 billion in the UK and this trend...
Corporate Simplification: Unlocking Efficiency, Reducing Risk, and Driving Growth – Podcast
As businesses grow, their corporate structures can become complex and inefficient...
Developing a Tailored Wind Down Plan
A wind down plan, outlines the steps and considerations involved in closing down a business or terminating operations...
Appointment of Administrators to Eagle Football Holdings Bidco Limited
Appointment of Administrators to Eagle Football Holdings Bidco Limited
Benefits of trading a Company in Administration
When a company is in administration, trading activities can still continue under the control and supervision of the administrator...
Cork Gully Strengthens Private Credit offering with appointment of Michiel Boorsma
We're pleased to announce the appointment of Michiel Boorsma as Partner...
Managing Risk with Special Purpose Vehicles
Special Purpose Vehicles (SPVs) are commonly used in various industries and financial transactions to achieve specific objectives...
Cork Gully Takes the Lead on Managed Exits
Rather than selling troubled positions at heavy discounts in the secondaries market, LPs should consider bringing in outside support to agitate for a successful wind...
Finding the Path to Financial Recovery: Informal Workout Strategies
Steps for an informal workout can be followed by businesses facing financial distress or challenges, without involving a formal...
Accelerated Mergers and Acquisitions (“M&A”)
Accelerated M&A, also known as accelerated mergers and acquisitions, commonly refers to a strategic approach where companies expedite...
Warning for Key Acquisitions and Disposals!
The Act provides for two separate regimes, namely: mandatory and voluntary notification. A mandatory notification...
Webinar – Navigating the Future of Insolvency in the Crypto Era: Insights from Cork Gully’s Expert
The rapid evolution of blockchain technology and the widespread adoption of cryptocurrency have introduced a range of complexities to the field of insolvency...
Cork Gully Achieves Rapid Crypto Asset Recovery and Distribution in Yield App Liquidation
Cork Gully is pleased to announce significant progress in the liquidation of Yield App, a Seychelles-based...
Cork Gully Appoints Nirmal Heeralall and Mitesh Hassamal as Partners
Based in Mauritius, they bring extensive experience in restructuring, insolvency, and special situations...
Appointing a Receiver Over Shares in a Company
Receivership of shares in a company involves the appointment of a receiver to oversee and manage a company’s shares on behalf of its secured...
Role and Interaction of Ad Hoc Committees with Security Trustees
The dynamics between an ad hoc committee and the security trustee can be nuanced, influenced by various factors, including the change...
Mitigating Bond Trustee Conflict Risk
For financial services professionals, it’s essential to understand the various conflict of interest risks that can arise in bond trustee arrangements...
Transforming Troubled Businesses: Role of CROs in Turnaround and Restructuring
Chief Restructuring Officers (CROs) tend to be appointed by companies in financial distress or undergoing significant operational changes...
Embedded Workout Teams for Private Credit funds
As the private credit market transitions into a more challenging phase, direct lenders are increasingly faced with stressed or distressed...
Use of Liquidating Trusts to Return Value to Investors?
Liquidating trusts are used to wind down or terminate a trust and distribute the remaining assets to beneficiaries...
LP Involvement: Finding the Right Approach to Protect Value
When it comes to private funds (either private equity or private credit strategies), the investors, more commonly known as the...
Cork Gully Rescues ReNeuron Group as a Going Concern
Cork Gully is pleased to announce the successful exit from Administration of the ReNeuron group, a UK based leader in stem cell...
Cork Gully expands debt restructuring, capital raising and M&A services
Cork Gully, a leading financial advisory firm specialising in restructuring and strategic solutions, is proud...
Sanctions Relating to Russia and the Use of Court-Appointed Receivers
The UK sanctions regime in relation to Russia comprises: (1) The Sanctions and Anti-Money Laundering Act...
Appointing a Receiver Over Shares in a Company
Receivership of shares in a company involves the appointment of a receiver to oversee and manage a company’s shares on behalf of its secured...
Dealing with Misappropriation of Assets by Fund Managers
Misappropriation of assets by a fund manager occurs when they take or use the fund’s assets for their own personal gain, without authorisation...
Risk Management for AIFM Platforms
Alternative Investment Fund Managers (AIFMs) are subject to various risks, both internal and external, which can impact their platforms...
Replacing an Asset Manager
Investors may consider replacing an asset manager for several reasons, including poor performance, a change in investment objectives...
Why Secondaries Alone Are Not Enough: Our Approach to Value Recovery
The growth of the secondary market has been a welcome development for LPs seeking liquidity...
Managing Funds That Miss Their Investment Objectives
When a fund fails to meet its investment objectives, it can be a frustrating experience for investors who have...
Strategies for Unlocking Value in Investment Portfolios
GP-led secondaries refer to a type of secondary transaction in which the general partner (GP) of a...
Evaluating GP Performance: Warning Signs and Proactive Solutions
General Partners (GPs) play a critical role in the success of private capital funds. They are responsible for...
LP Involvement: Finding the Right Approach to Protect Value
When it comes to private funds (either private equity or private credit strategies), the investors, more commonly known...
The Abraaj Group
Cork Gully was engaged by one of the largest investor groups in connection with the collapse of the Abraaj Group, to represent and pursue the interests of...
Managing Funds That Miss Their Investment Objectives
When a fund fails to meet its investment objectives, it can be a frustrating experience for investors who have...
Overcoming Challenges in the Sale of Illiquid Assets
Illiquid assets such as real estate, private equity, and venture capital investments can be challenging to sell...
Understanding the Role of a Fiduciary in Fund Management
A fiduciary is a person or entity that has a legal and ethical obligation to act in the best interests of another party...
Key findings from our LP End-of-life Fund Survey
Recent industry discussions have focused heavily on fundraising, liquidity and the evolution of private markets...
African PE at a Crossroads: Managed Solutions for End-of-Life Vehicles
Africa’s private equity industry is at a pivotal moment. Many first and second-generation funds sponsored...
Acquisition of GP Stakes by Cork Gully Asset Managers
Private equity funds often face challenges such as illiquid portfolios or a misalignment of incentives between General Partners...
Navigating Illiquidity: Options for LPs
Liquidity solutions can be helpful in providing assistance to investors who need to dispose of distressed or illiquid assets...
We will engage often at short notice, with the skills, tenacity and vision to deliver results that preserve and enhance value
Cork Gully has been the leading name in restructuring for more than 100 years. Built on a solid heritage, we are a specialist advisory firm bringing clarity to complex restructuring, turnaround challenges and special situations. We demonstrate our commitment to clients by delivering innovative, results-driven solutions that achieve the best possible outcome in demanding financial and operational circumstances. We always put the client first, adopting effective strategies that address core business, liquidity and governance issues. Our partners define the issues and objectives clearly, ensuring even the most complex restructuring strategies are implemented successfully.
In 1906 WH Cork established WH Cork & Co as a practice largely focused on helping underperforming businesses, which, in the early part of the last century, were being forced out of business. In 1935, WH Cork formed a partnership with his son Kenneth and Harry Gully, creating Cork Gully. After WH Cork’s death and a period of war service, his sons, Sir Kenneth and Norman Cork focused on building the business to become the leading name in the field of restructuring and insolvency. In 1980 the firm merged with Cooper & Lybrand, latterly becoming PricewaterhouseCoopers (PwC). In 2010 Cork Gully was bought out of PwC by the current management.
Over the past few months, we have made significant strides in enhancing our service offerings and strengthening our client relationships. Our focus on innovation and agility has allowed us to stay ahead of the curve and deliver impactful solutions to our clients. Looking ahead, I am excited about the opportunities that lie ahead for our firm. As the market continues to evolve, we must remain proactive in identifying emerging trends and seizing new growth opportunities. Collaboration and teamwork will be key as we work together to achieve our strategic objectives and drive sustainable growth.
Stephen Cork, Managing Partner
We are a trusted advisory firm focused on bringing clarity to restructuring, recovery and insolvency scenarios
Our partners are directly engaged throughout every project to find the right solution for the client’s business.
A tight-knit team of senior professionals is more agile and more able to act decisively on the clients’ behalf.
We constantly review and refine our working method and regulatory framework to ensure the client’s interest comes first.
Sophisticated monitoring systems, developed to handle the most complicated corporate restructures, ensure full accountability.
Our team has won a reputation for creative thinking and pragmatic execution demanded by the most complex financial problems.
As an independent firm we are less likely to encounter conflicts of interest.
We agree objectives and outcomes in advance and provide full reporting at every stage.
Cork Gully was engaged by one of the larger investor groups in relation to the failed private equity group to represent and pursue the interests of those investors. The Abraaj Group was originally set up in 2002 by Arif Naqvi to focus on investments in the EMEA region and grew to become a multi-billion dollar fund...
Stephen Cork and Neil Smail of Cork Gully LLP were appointed as Joint Receivers over shares held by Sahaviriya Steel Industries UK Limited (in Liquidation) (SSI UK) in Redcar Bulk Terminal Limited (RBT) by a syndicate of Thai banks owed excess of $1billion...
The rapid evolution of blockchain technology and the widespread adoption of cryptocurrency have introduced a range of...
Rather than selling troubled positions at heavy discounts in the secondaries market, LPs should consider bringing in outside support to agitate for a successful...
When a company is in administration, trading activities can still continue under the control and supervision of the administrator...
We provide our clients with a first class service, to achieve this we work in an environment that encourages not only financial success but personal development. Working with the right people is the key to our success, so please contact us
Whether you are looking to hire Cork Gully, considering partnership opportunities or seeking an expert opinion please call us or send an email