Sameh has over 15 years of experience dealing with corporate and personal insolvencies. A certified practising accountant (CPA), Sameh has managed several voluntary administrations, deed of company arrangements, voluntary and court liquidations, and personal bankruptcies.
He specialises in corporate insolvency appointments, corporate turnaround and recapitalisations, personal insolvency and bankruptcy and Personal Property Security Act (PPSA) matters.
Sameh has played a key role in the voluntary administration and subsequent Deed of Company Arrangement (DOCA) of Eastern Guruma, a civil and mining contractor which faced cash flow issues and, through a successful DOCA, was able to return 100 cents in the dollar to all creditors.
In the liquidation of this group of construction companies, Sameh managed communication with stakeholders throughout the liquidation process. This involved maintaining transparent and open dialogue with the companies’ directors and creditors including homeowners, ensuring that all parties were kept well-informed and had their concerns addressed promptly.
Sameh’s role in managing the liquidation of Diverse IT showed his expertise and dedication in navigating complex insolvency matters within the IT industry. By utilising a combination of the insolvency laws and regulations, industry-specific knowledge, and communication skills, he successfully achieved a favourable outcome for all stakeholders.
Sameh’s role as an insolvency practitioner in managing several personal insolvencies was marked by compassion, expertise, and dedication. By providing personalised support, navigating complex financial issues, and fostering transparent communication, Sameh successfully guided individuals through the insolvency process with dignity and respect. His commitment to achieving the best possible outcomes for all parties involved solidifies his reputation as a reliable and proficient insolvency practitioner in providing critical assistance during times of financial hardship.