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Desmond Teng joins Moore Australia, Adds Insolvency Services

Desmond Teng joins Moore Australia, Adds Insolvency Services

Moore Australia

Moore Australia (NSW) welcomes Desmond Teng as a Partner of Moore Recovery into the Moore Australia network.

Teng offers in excess of 14 years’ experience working in Corporate Recovery and Insolvency. He brings credibility and connections to Moore Australia, focusing on solutions to advise enterprises facing financial distress.

Teng has extensive expertise working with the Asia Pacific market and is one of a very few insolvency practitioners in Australia fluent in Mandarin. This extends to a strong understanding of the culture and values of Asia Pacific clientele. He excels at managing diverse stakeholders, including secured lenders, creditors, and directors. He is a licensed liquidator by the Australian Securities & Investments Commission.

Corporate Recovery services include preparing independent expert reports and acting as an expert witness in Supreme Court actions which involves investigations and analysis of company records, complex transactions, and financial statements.

As a 360 professional service provider, the addition of Teng to the team will allow Moore Australia to satisfy increasing demand in both Australia and Asia Pacific. Being an AFR Top-20 network of firms, the ability to support businesses at this time in their life-cycle re-affirms Moore Australia’s position as a respected and trusted partner.

Speaking on the launch of the new service, Moore Australia (NSW)’s long-standing Partner, Paul Breedon said:
“Our new service of Corporate Recovery and Insolvency demonstrates how agile and adaptive we are. Our connection with clients means they expect a full service offering with the same straightforward, high-quality advice and the passion we bring every day to our belief that relationships with clients are about much more than simply a job. The new service enables us to extend this Moore value when it is most needed.”

Moore Recovery Partner, Desmond Teng, explained what the new service means to him:
“What attracted me to Moore was the culture and connection to clients. I feel very strongly about building meaningful relationships with stakeholders, ultimately creating better results for all parties. The Moore network allows me to extend a critical service to colleagues across the region, and through the ASX-listed space.

About Corporate Recovery
Our corporate recovery specialists offer an unrivalled multi-disciplinary service to enterprises facing financial distress.

As leaders in formulating and executing realisation strategies for property and business assets, our services include turnaround, advisory and restructuring in all types of formal corporate insolvency appointments. As well as S66G appointment, safe harbour advice, investigating accountant reviews, litigation support and reporting to all types of stakeholders.