Virtual IWIRC Be Informed Event: Restructuring and Insolvency Back to Basics

Debenhams Ottaway hosted the most recent International Women’s Insolvency & Restructuring Confederation (IWIRC) London network ‘Be Informed’ virtual panel event on restructuring and insolvency in February 2021.  

A panel of speakers, including Robyn Adams, lawyer at Debenhams Ottaway discussed helpful guidance and tips for those working in the restructuring and insolvency sector. Robyn Adams was joined on the panel by

• Alison Goldthorp, Norton Rose Fulbright LLP
• Maria French, Alvarez and Marsal
• Juliette Challenger, Glas Agency.

The event was aimed at those who had limited experience of insolvency and restructuring and wanted to upskill or refresh themselves on the fundamentals in the form of high level 101 guidance from lawyers and accountants. Those topics covered included the role of Agents and Trustees, the use of Entity Priority Models, approaching the first client meeting, and indicators and red flags of antecedent transactions for professionals.

In particular, Robyn spoke about the indications and red flags of antecedent transactions and how those advising in a professional capacity can spot red flags at an early stage to make sure all involved are getting the right advice. She took the attendees through the most common claims brought under the Insolvency Act 1986 and what practitioners should be looking out for when advising their clients as well as helpful dos and don’ts once the insolvency process has started.