Staying on the right side of wrongful trading

Date & Time Wednesday 8 July, 2020    |   10:30 am  -  11:30 am
VenueOnline, United Kingdom
ChapterUK

TMA UK in association with Duff & Phelps and Kroll, a division of Duff & Phelps, invite you to a webinar where a panel of experts will discuss the proposed legislative changes to the UK Insolvency Act and how they will impact businesses and company directors.

These changes include a temporary suspension of the wrongful trading rules to remove the threat of directors incurring personal liability during COVID-19. What does this mean for directors making decisions to extend trading while signs of insolvency may be present or reasonably anticipated? We will also take a look at the heightened risk of external threats faced by organisations, the impact of a successful attack and the remedial options available to management.Our experts will share insights on:

  • The potential impact of government amendments to insolvency rules, focusing on “wrongful trading”
  • What can transpire when wrongful trading advances to more contentious insolvency situations;
  • The evolution of external threats to corporate value and the complex asset recovery mechanisms required to undo the damage they cause; and
  • Personal implications for directors

 

About the speaker/s

Ben Boorer

Associate Managing Director, Business Intelligence and Investigations, Kroll, a division of Duff & Phelps

Ben Boorer is an associate managing director in the Business Intelligence and Investigations (BII) practice of Kroll, a division of Duff & Phelps, based in London. Ben specializes in financial investigations, particularly in fraud, corruption and asset recovery assignments, in the civil and criminal arenas. He has worked alongside not-for-profit organizations, non-governmental organizations (NGOs), government bodies, corporates, law firms and law enforcement agencies.

David Grier

Managing Director, Global Restructuring Advisory, Duff & Phelps

David Grier is a managing director in Duff & Phelps’ Global Restructuring Advisory practice, based in London. He specializes in leading change for underperforming companies and delivering non-insolvency business turnaround solutions. David’s primary client-facing responsibilities include evaluating and implementing business strategy as part of the firm’s commitment to delivering integrated turnaround and restructuring solutions.

Jo Wright

Managing Director, Global Restructuring Advisory, Duff & Phelps

Joanne Wright is a managing director in the Global Restructuring Advisory practice, based in the Manchester office, and leader of the firm’s UK Personal Insolvency practice. She has more than 30 years of experience in the insolvency industry and has specialized in personal insolvency for the last 20 years. Joanne has extensive experience in debt negotiation, advising and implementing bespoke voluntary arrangements and undertaking complex investigative bankruptcy matters.

Rob Armstrong

Managing Director, Global Restructuring Advisory, Duff & Phelps

Rob Armstrong is a managing director in the Global Restructuring Advisory practice, based in the London office. He has more than 15 years of experience assisting clients with allegations of fraud, misfeasance, other financial misconduct or improper behavior. Rob specializes in contentious insolvency litigation, providing solutions to creditors and other stakeholders to recover assets both in the UK and globally

Zoe Newman

Managing Director, Business Intelligence and Investigations, Kroll, a division of Duff & Phelps

Zoë Newman is a managing director in the Business Intelligence and Investigations practice and co-head of the Global Financial Investigations practice at Kroll, a division of Duff & Phelps. She has extensive experience in leading complex, cross-border forensic investigations into matters of fraud, corruption, and potential regulatory breaches, including those relating to the Foreign Corrupt Practices Act (FCPA) and UK Bribery Act. She also advises clients on how to best implement controls to mitigate these risks.

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