Helping clients protect and recover value through proactive cyber risk identification and management, and rapid action in response to a breach.
Helping clients to manage risk and regulatory compliance and respond to incidents of financial crime.
Uncover, analyse and clarify facts at the centre of disputes, frauds and other sensitive commercial matters.
Providing advisory and accelerated implementation services to the public and private sector.
Assists clients to grow, protect and recover value in their real estate portfolios.
Working with organisations to stabilise the business or to recover value on behalf of stakeholders.
We are Asia-Pacific’s trusted advisers in cybersecurity, financial crime, forensic, performance improvement, real estate and restructuring.
Our reach is global with offices across Australia, New Zealand, Indonesia and Singapore.
KordaMentha staff are actively engaged in giving back to their communities.
Maintaining strong competition in the Australian waste management market.
Scott Langdon and John Mouawad were engaged in November 2021 to prepare Separation and Management Plans (‘SMPs’), detailing how the businesses would be operated and held separate. On 19 January 2022, Veolia completed the acquisition of Suez, and Scott and John were formally appointed IMs by the ACCC for the following businesses:
The KordaMentha team were based at operational locations on a full-time basis during the appointment as IMs across three states (NSW, SA and WA) to control and manage operations. This approach ensured the team were very close to day-to-day operations and fully integrated into the business.
The key workstreams were:
Separation of the business: the businesses were required to be held separate from, and operating in competition against, both Veolia and Suez. This required separation of IT systems, books and records and employees from Veolia and Suez, and the implementation of separation protocols, new organisational structures, reporting lines, and delegation of authority limits.
Management of the businesses: the IMs were responsible for all decision making for the businesses as Veolia and Suez were not permitted to exercise decision making powers. This included strategic decision making, submitting customer tenders, contract negotiations and addressing operational issues.
Reporting to the ACCC: monthly update reports were provided to the ACCC to report on the performance of the businesses, the implementation of the SMPs and compliance with the EUs.
Sale integration: the IMs facilitated the completion of the sale of the businesses by responding to purchaser information requests, planning integration activities and workshops, obtaining counterparty consents to assignment and facilitating engagement between staff and the purchaser.
The outcome of this engagement was the successful operation and separation of the four waste management businesses. The sale of Suez Water to an investor consortium completed on 30 January 2022, while the sale of the C&I business to Remondis completed on 8 April 2022. The independent management and successful sale of these businesses ensured that strong competition was maintained in the Australian waste management market.
4 September 2023
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KordaMentha is excited to share the release of ISO/TS 37008:2023, a new global standard for internal investigations issued by the International O...
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24 August 2023
KordaMentha has received the Turnaround Management Association (TMA) Australia Turnaround of the Year Award in the small business category for it...