[4] In 2010, the current management team bought the firm from PwC and established Cork Gully LLP, retaining the brand and its insolvency practices as an independent entity.
[5] In 1980 Sir Kenneth Cork's successor as senior partner, Michael Jordan, led the firm into a merger with Coopers & Lybrand,[6] which continued to use the name.
The Cork Gully brand was eventually discontinued in 1999 after Coopers and Lybrand itself merged with Price Waterhouse to form PwC.
[7][8] The original firm's assignments included Rolls Razor, Emil Savundra,[3] Barlow Clowes and car maker De Lorean.
The division was set up to specialise in helping funds through a crisis, solving liquidity issues, and resolving disputes.