RSM in Canberra partner Frank Lopilato with Adam Cormack, a senior manager who has become one of three registered liquidators at RSM Canberra. Photo: Ben Calvert.
If you have Grim Reaper notions of the role of a liquidator, chances are you havent met Adam Cormack.
Anecdotally, I think theres a common misconception that liquidators only act as quasi-morticians for businesses, or that business owners only come to liquidators when there is no hope or life left in the business, he says.
The reality is quite the opposite.
The ultimate goal for a liquidator is to get the best financial outcome for a troubled business and its creditors.
This often means restructuring the business to make it sustainable and profitable, and identifying opportun…
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