BDO expands Business Restructuring team to meet demand post-COVID
14 October 2020
BDO Australia expands its Business Restructuring team as the firm prepares to meet demand in the post-COVID business world.
The Melbourne office welcomes Mathew Blum to the role of Associate Director in the national Business Restructuring practice.
An insolvency specialist with 15 years’ experience, Mathew joins BDO from Deloitte where he was a Director.
BDO’s National Leader for Business Restructuring Andrew Fielding said his team is preparing for increased demand as Government stimulus begins to wind up around the country and the economic impacts of the pandemic continue to unfold.
“Government stimulus and support has been critical to keep viable businesses going and keep people in jobs, however, it has also kept unviable businesses going. We anticipate a wave of insolvencies when the support ceases, and we are preparing our team to meet that demand,” Andrew said.
“The post-COVID insolvency world will look very different as we experience the flow-on effect from the pandemic, businesses grapple with the challenging environment, and new insolvency reforms are introduced to support small business. We expect continued growth of our business restructuring practice and are bolstering our team to fit,” he said.