Mental capacity and vulnerability is an increasingly risky area for IPs who may have limited training to manage such issues. The result can be costly and damaging to reputations if not addressed appropriately. Tune in to hear directly about some of the key issues related to vulnerable debtors and issues of capacity, including the risks for IPs and the practical steps you can take to mitigate these.
Mark Cullingford, Partner at Thrings, has over 20 years’ experience including advising IPs about challenging debtors and the commercial issues arising from financial distress. He advises both IPs and debtors and will highlight risks which can include a bankruptcy annulment if the order should never have been made.
Mark Cullingford leads the firm’s Business Restructuring and Insolvency Team and Property Insolvency Team. He has a wealth of experience from over 20 years advising on the legal and commercial issues arising from financial distress affecting businesses and individuals. He advises a range of clients, including leading insolvency practitioners, lenders, other creditors, business management teams, and also individuals. Mark’s comprehensive and commercially-focused advice covers all aspects of insolvency and restructuring issues and includes involvement as soon as signs of possible financial distress arise, from contingency planning to formal insolvency processes and after the appointment of an insolvency practitioner. His remit includes advice on business structures having regard to insolvency and trading risks, aspects of finance, risk management, formal insolvency proceedings, restructuring and the conduct of proceedings by insolvency practitioners in relation to all forms of business structures and individuals. Mark’s work includes the disposal and purchase of distressed business assets, the recovery and disposal of assets including from pre-insolvency transactions, claims against directors and in connection with the disqualification of directors.
Find out more about the benefits of joining the Restructuring & Insolvency Community and how the Certificate in Insolvency can help you.
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