Giles Frampton

"Under our current insolvency regime we are fortunate in that we have an array of insolvency processes and skills from which to choose. This flexibility is fundamental to achieving the best available result in what are usually difficult and messy circumstances. I am keen to see this flexibility preserved and enhanced whether through clear and concise explanation of what is done, regulation or legislation. 

Giles is a Chartered Accountant and partner in Richard J Smith & Co, a practice based in the South West which specialises in all types of insolvency, both corporate and individual. He also acts as an expert witness.

Following qualification in London with Thomson McLintock Giles joined Peat Marwick Mitchell in Plymouth in 1984, became involved with the Berkeley Applegate liquidation obtained his insolvency licence and became a partner in 1991. In 1994 he joined Richard Smith where the emphasis was then on liquidation and bankruptcy work. Today a greater proportion of the firm’s work is in the field of both corporate and individual voluntary arrangements.

One of his most challenging cases was the liquidation of Ford Park Cemetery company. Considerable public concern was only allayed when it was emphasised that the cemetery would not be built on and would end up under the control of a public trust.

Giles is a past President of R3 and a past Chairman of the General Technical Committee. He is a former accounting member of the Insolvency Rules Committee, a former examiner for the personal insolvency paper of the JIEB, and a past chairman of the Insolvency Licensing Committee of the ICAEW. He is a co-editor of Individual Voluntary Arrangements published by Jordans. He is Chairman of The Exeter Diocesan Board of Finance, and in his spare time sings (tenor), gardens and watches cricket.