Cork Gully returns today
Cork continues family heritage
Cork Gully, one of the most famous names in restructuring, recovery and insolvency for more than a century, has today been re-established by industry veteran Stephen Cork.
Cork, a former head of restructuring at a top 10 international accountancy practice, will be managing partner at Cork Gully, based in west London.
The new Cork Gully launches with a team of advisers who have worked together for a decade and builds on the principles and heritage of the original company, to provide clients and their financiers with expert advisory services.
Stephen Cork, managing partner at Cork Gully, said: “I am delighted to re?establish the family firm, advising distressed businesses and their financiers on the recovery strategies available to them.
“Our size, skills and background give us the cohesion, agility, responsiveness and levels of client service that are required in today’s complex restructuring, recovery and insolvency situations.”
The launch of Cork Gully follows an illustrious family history in the insolvency profession.
In 1906 WH Cork established WH Cork & Co as an insolvency practice largely focused on helping businesses in the grocery trade.
In 1935, WH Cork formed a partnership with his son Kenneth and another accountant, Harry Gully creating Cork Gully. After WH Cork’s death and a period of war service, Kenneth became the owner of the firm and built the business, expanding throughout the 1950s, 1960s and 1970s to become one of the leading firms in the field of insolvency work.