Mere months after resigning from KordaMentha, Sydney liquidator Rahul Goyal has engineered a potential new space in the insolvency market, in the process robbing KordaMentha of one of its most prominent performers and initiating the imminent departure of Cor Cordis Sydney partner Ozem Kassem and others.
Reliable sources told iNO this week that Goyal has done a deal with the Cor Cordis national practice which will see him come into the firm and Kate Conneely, who resigned from KordaMentha last week, take over the running of Cor Cordis’s Sydney office.
Making way for Conneely and Goyal will be former Cor Cordis Sydney partners Kassem, Jonathan Parker and Jason Bing-Fai Tang, who last month registered a new firm, KPT Restructuring.
ASIC records show that Kassem, Parker and Tang each owns 30 shares in KPT Holdings and iNO’s mail is that the outgoing trio will shortly take approximately 15 Cor Cordis staff with them to new premises at 20 Bond Street.
iNO also understands that Goyal was able utilise a a strong relationship between KordaMentha and Cor Cordis’s Melbourne practice to get the deal over the line, which comes just weeks after Cor Cordis’s national practice manager Bruno Secatore left the firm.
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