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This year’s Chain Reaction Challenge, which took place last week, has set a new event record by raising over $1.7 million for charity.
The 2011 Chain Reaction Challenge has achieved a fundraising record following the completion of two successful events across three states. The Victorian event in March saw 44 riders complete 1,100 kilometres between Sydney and Melbourne; and the inaugural Queensland event which concluded on 13 May, challenged 37 cyclists over 1,000 kilometres up the north coast of NSW into Brisbane.
Chain Reaction is the ultimate corporate bike challenge that raises money for sick children by challenging senior executives who have a passion for cycling and an awareness of their corporate and social responsibilities, to ride a 1,000 plus kilometre course in seven days.
The event was founded in 2007 by KordaMentha Partner Berrick Wilson, after his daughter Milla was rushed to hospital with a brain haemorrhage when she was two days old. Following Milla’s recovery, Berrick was driven by the experience to do something that would allow people in a similar position to himself to assist sick and hospitalised children. As a result, Chain Reaction was founded and it is now the property industry’s largest fundraising event.
Since 2007, Chain Reaction has conducted an annual six to seven day 1,000 kilometre ride where the majority of riders have come from the Melbourne business community. In 2007, 36 riders rode from Adelaide to Melbourne and raised $475,000. In 2008, 36 riders rode from Canberra to Melbourne and raised $773,000. In 2009, 36 riders rode around Tasmania before finishing in Melbourne and raised $651,000 while in 2010, 42 riders rode from Port Macquarie to Noosa and raised more than $860,000.
In 2011, through the generous support of the corporate sponsors and personal donors, Chain Reaction raised over $1.7 million which is a fundraising record. The Victorian funds will be shared between Chain Reaction’s major charity partners, the Starlight Children’s Foundation and the Monash Children’s Hospital and the Queensland funds will be shared between the Starlight Children’s Foundation and Working Wonders.
Read about the 2012 Challenge and KordaMentha's representatives - Chain Reaction 2012 - the ultimate corporate bike challenge, raising money for sick children.
KordaMentha partners, Grant Graham and Neale Jackson, have been appointed Voluntary Administrators by the Board of menswear clothing retailer, Meccano 2016 Limited, trading as Meccano.
Earlier this year, the Australian government introduced the Fair Work Amendment (Protecting Vulnerable Workers) Bill, which sets out to increase the penalties for serious contraventions and broaden the scope of compliance respon...
We are pleased to advise that our Forensic practice has been recognised as the leading digital forensic group in Asia-Pacific in Who’s Who Legal 2018 Investigations edition.
Most creditors of Network Ten are today receiving payments of 100 cents in the dollar under a dividend distribution announced by KordaMentha Restructuring.