Richard Obank,
Partner, BCLP

Richard has 35 years’ of experience acting for corporates, private equity investors, funds and financial institutions in restructuring and insolvency situations. He acts for boards of directors where there is financial distress within the business and regularly advises directors on their duties and responsibilities.

Richard advises on restructuring and insolvency transactions including distressed acquisitions and disposals, debt and equity reorganizations, re-financings and funding arrangements, work outs and schemes of arrangement, often with a cross-border element. He also has extensive experience advising on company voluntary arrangements.

Richard has broad transactional sector experience including retail, construction, manufacturing, automotive, football clubs, casual dining, nursing and care homes, printing & packaging, hotels and leisure, and mining & minerals operations.

Richard has direct experience as a board director and charity trustee in the education sector where there has been an urgent need to implement an operational transformation of the business.

Richard is a licensed insolvency practitioner (non-appointment taker) and a board director and Fellow of The Institute for Turnaround.