Martin Madden is one of Australia’s most experienced Insolvency Practitioners with in excess of 30 years’ experience in Europe, Nigeria and Australia. His public engagements include the Receivership of RiverCity Motorway, the sale and Receivership of Lane Cove Tunnel, the Receivership of CrossCity Tunnel, the sale and Receivership of the Adelaide to Darwin Railway, the Administration and subsequent Liquidation of Australia’s fifth largest building company, Walter Construction Group Ltd. He completed the largest (to date) Australian Receivership, Epic Energy’s Dampier to Bunbury Natural Gas Pipeline which he sold for $1.86 billion on behalf of a Syndicate of 28 Banks. He acted on the Alinta Energy debt for equity restructure as an adviser to the financiers and was the Scheme Administrator who implemented the debt for equity transaction.

Much of Martin’s work is however done out of the public’s view. He has worked on a confidential basis on a number of significant Bank Syndicate exposures which typically are resolved without the requirement for formal appointment. Over a period of years for example he completed the workout of one of Australia’s largest private groups operating in engineering, construction and infrastructure. This involved an IPO, sale of a significant business unit, sale of non-core assets and repayment of $250 million to the Bank Syndicate. He finalised the workout of one of Australia’s largest agribusiness groups resulting in repayment of $200 million to a Bank Syndicate. Other Bank Syndicate workouts included a listed multinational transport group and a diversified industrial group.

As well as working for all of Australia’s largest banks and a significant number of major overseas Financiers who have had exposures in Australia, Martin has worked extensively with large corporations particularly Telstra and Vodafone over a number of years in both formal and informal capacity. He acted as Receiver to the Digicall Group of companies for Vodafone for example which was the largest mobile telecommunication service provider in Australia. He assisted Telstra in the resolution of a range of service provider problems prior to its partial privatisation. Martin has also advised the University of Newcastle, Central Queensland University, University of NSW, University of New England and acted as Chief Restructuring Officer at Bond University in its formative years.

Martin is currently a Partner with KordaMentha, but spent most of his career with Arthur Andersen in Australia where he was Head of the Corporate Recovery Services (CRS) Group nationally. He was the head of Andersen’s Audit practice based in Lagos, Nigeria and had audit responsibility for much of West Africa, including extensive due diligence work for a number of international clients particularly in oil and gas. Prior to that he worked with Andersen in Ireland in the audit practice.