24 January, London

9:00–13:00

Registration starts at 08:30

3.5 CPD hours

Venue:

Ashfords LLP
1 New Fetter Lane
London, EC4A 1AN
 
Aimed at solicitors and IP professionals, this course looks at the different types of partnerships and the processes required to place each of them into insolvency. Industry experts will examine these issues together with the quirks and differences that arise when dealing with distressed partnership structures as opposed to corporates.
 
Given the number of professional services practices which have entered administration in the past few years – and the prediction that more failures will occur – this course is an essential and topical overview of how to deal with a partnership facing insolvency.
 
Delegates will enjoy a networking breakfast and coffee break and receive a copy of speaker presentations in the delegate pack.
 

"very useful practical content"

"practical application of law"

– 2018 delegates
 

PAY ONLINE NOW


Programme and speakers

08:30
Registration and refreshments
 
09:00
Chair Introduction
Phil Reynolds, FRP Advisory LLP
 
09:05
Partnership Constitution, Insolvency and Restructuring
Christina Fitzgerald, Moon Beever
Matthew Tait, BDO LLP
Christina will outline the legal framework of various types of partnership models, discuss the insolvency options available to creditors and partners for each type of partnership and outline the restructuring options available to each. Drawing upon the lessons learned in the Bell Pottinger LLP administration, Matthew's presentation considers the approach to realising value where that value is vested in over 50 individuals embedded in a competitive, individualistic culture.
 
10:35
Coffee break
 
10:55
Claims under the Insolvency Act and possible Contractual Claims
Alison Goldthorp, Addleshaw Goddard LLP
In this session we will look at the claw-back provisions contained in s.214A as regards partner drawings and review the case law relating to such claims.
 
11:25
Law Firm Insolvency – Case Studies and Key IT Considerations
Tom MacLennan and CJ Watson, FRP Advisory LLP
A practical view on the issues leading up to Law Firm distress and case study based illustration of managing insolvency transactions in this sector. Particular emphasis on addressing the key IT issues required to facilitate the necessary transfer of people and clients.
 
12:20
Professional Practices – Interaction with SRA and the Solicitor Manager
Crispin Jones, Ashfords LLP
Crispin will be discussing the threats facing the legal sector (both commercial and regulatory) and explaining the regulatory and commercial issues which become engaged in the economic cycle of a distressed law firm and upon its insolvency.
 
12:55
Chair Close
Phil Reynolds, FRP Advisory LLP
 

 

 

Book now!

Click here to book and pay online.
 
Alternatively, please email courses@r3.org.uk with a completed booking form
 
For further information about this event please call 020 7566 4234.
 

Let’s keep in touch

We would like to be able to keep you up-to-date on R3’s programme of events by email. Sign up at r3.org.uk/subscribe to be the first to hear about the latest training, networking and social events in your region.
 
 
*Non-members are required to pay in full before attendance at the event

BOOK NOW!

Download the booking form

Course prices:

Fellow – £210+VAT
Member – £230+VAT
Associate – £265+VAT
Non-Member* – £305+VAT
New Professionals – £230+VAT
 

Speakers:

Christina Fitzgerald, Moon Beever
With over 25 years’ experience, Christina advises on both contentious and non-contentious restructuring and insolvency work, with a specialism for advising distressed professional practices.
 
Matthew Tait, BDO LLP
Matthew leads the provision of business restructuring services for the Gatwick and Guildford offices. His career in business restructuring started in 1990, initially focussing on personal insolvency, and more recently, on corporates in the SME sector, providing solutions to companies, banks and asset based lenders.
 
Alison Goldthorp, Addleshaw Goddard LLP
Alison has over 20 years’ experience in advising insolvency practitioners, financial institutions, directors, corporates, and turnaround professionals on restructurings, formal insolvency appointments, managed exits, and all related aspects of underperforming or distressed corporates.
 
Tom MacLennan, FRP Advisory LLP
Tom has been undertaking restructuring and insolvency work since 1981 and his experience spans business review, restructuring and advisory roles, all types of formal insolvency appointment and a wide range of sectors. In the last 5 years, Tom has undertaken distressed advisory and administration roles in relation to 4 legal LLPs ranging in size from 20 to 34 partners, with a range of outcomes.
 
CJ Watson, FRP Advisory LLP
CJ has been working within the IT Advisory and Forensic Services area for the past 4 years, following 4 years in conventional IT Support. CJ has provided support in collecting data in formal insolvency, providing information and running systems to Administrators, Law Enforcement and other Government agencies during investigations. Operating in hostile environments, using a combination of conventional IT and Forensic techniques on everything from Supercomputers to Mobiles, CJ has given access to deleted data and re-built systems for a multitude of firms.
 
Crispin Jones, Ashfords LLP
Crispin Jones, a director at Ashfords LLP, is one of the country's leading solicitors in the distressed law firm sector.  He advises law firms, accountants, insolvency practitioners and institutional creditors on the commercial and regulatory intricacies and exposure to financially distressed legal services providers. Crispin was the appointed Solicitor Manager for King & Wood Mallesons LLP, Borroughs Day LLP and LA Law.  He has also been the lead solicitor in numerous other distressed and insolvent law firm collapses, including Pro Legal, Isaac Abraham, Sovereign Solicitors, Almond Solicitors, Carter Law - all which were successfully transferred to new entities.