Sydney – Insolvency experts Cathro & Partners has announced its expansion into the Melbourne market. The new office will bolster the firm's established presence in Sydney, Brisbane and Canberra.
David Mutton, Founder and Managing Director of DM Advisory and Co. has been appointed Principal of the new office. Jordan Lai, Senior Associate, has been appointed Manager.
Cathro & Partners Managing Principal Simon Cathro said the firm's expansion into Australia's second-largest business centre was a key milestone in its growth plans for serving clients nationally.
"There's demand for our expertise in Melbourne, but we needed to identify the right people to lead the business there first. David and Jordan are well-acquainted with the local market and will build a strong team to help clients make decisions that are right for their business, employees and stakeholders," Simon said.
David comes to the role with a 15-year legacy in advisory and external administration. A registered liquidator, chartered accountant (CAANZ) and a member of the Australian Restructuring Insolvency & Turnaround Association (ARITA), his expertise includes financial viability and monitoring, restructuring, debt forgiveness, renegotiation and dispute resolution. Before joining Cathro & Partners, he managed his own firm, DM Advisory and Co.
Commenting on the appointment, David said Cathro & Partners had a strong reputation and that he was proud to be joining the firm.
"Together with Jordan, whose insolvency and restructuring experience spans both boutique and major accounting firms and will be an asset to clients, I'm confident we'll deliver unparalleled advice to the Melbourne market," David said.