- within Insolvency/Bankruptcy/Re-Structuring topic(s)
- with Finance and Tax Executives
- with readers working within the Insurance industries
In this episode of The Cut, Simon Cathro sits down with Mitch Taylor, founder of ClaimCloud, to explore a concept still unfamiliar to many Australian creditors: selling creditor claims for immediate liquidity.
With over 25 years in credit markets, including time on Wall Street during the GFC, Mitch shares why time is often the most overlooked cost in insolvency. Together, Simon and Mitch unpack how claim trading works, why insolvencies can stretch on for years, and how emotion, uncertainty and litigation shape creditor decisions.
This conversation challenges traditional thinking about recoveries and asks whether maximising cents in the dollar should always come at the expense of time.
Key Points
- Time is as important as recovery value – Maximising cents in the dollar often comes at the cost of years of waiting.
- Creditors are not a single group – Every creditor has different priorities, emotions and financial pressures.
- Selling a claim should be an option, not a taboo – Claim trading gives creditors control over when they exit an insolvency.
Links
At Cathro & Partners, our team brings decades of hands-on turnaround experience across multiple industries.
We understand that early engagement is critical — the sooner action is taken, the more options remain available for the business, its clients, and stakeholders
For a confidential discussion on any of the above, please reach out to one of our experts.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
