Cork Gully Realises Value for Stakeholders in Destiny Pharma Liquidation
Cork Gully is pleased to announce the successful sale of key assets from Destiny Pharma Limited (in liquidation), an AIM-listed clinical-stage biotechnology company...
The vision to see beyond, the tenacity to preserve and enhance value
We will engage often at short notice, with the skills, tenacity and vision to deliver results that preserve and enhance value
Approach
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.
History
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.
Message from our Managing Partner
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
Cork Gully Asset Managers
We provide strategic advisory and fiduciary services to investors and fund managers facing distress, underperformance, or governance challenges. With deep expertise in restructuring and special situations, we help navigate crisis events, liquidity constraints, and complex litigation preserving and enhancing value across regulated and unregulated funds in multiple jurisdictions.
Our firm remains committed to our founding principles
We are a trusted advisory firm focused on bringing clarity to restructuring, recovery and insolvency scenarios
Recent assignments
Abraaj Group
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...
Redcar Bulk Terminal
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...
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Join us at Cork Gully
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