October 19th, 2010
An award-winning legal firm has positioned itself for further turmoil among firms struggling in the tough economic climate.
Schofield Sweeney, which has bases in Bradford and Leeds, has launched a new company turnaround operation to provide specialist advice to struggling companies.
The firm has recruited national specialist Howard Roberts to head up its new corporate restructuring and insolvency arm, which will handle a range of corporate and personal insolvency matters.
Senior partner Chris Schofield said: “We can expect demand for corporate recovery services to increase given the outlook for the economy and we need to position the firm accordingly.
“Howard’s appointment ensures we can offer the highest level of advice and a fast response to clients.
“We are a corporate-led law firm and as a consequence we have always been involved in turnaround work.
“Howard’s appointment and the establishment of a specialist team is a natural extension of this.”
The firm’s new operation will act on business sales, restructuring and rescue packages.
Mr Roberts has more than 15 years’ commercial law experience in the UK and the Cayman Islands and is one of only about 160 lawyers licensed as insolvency practitioners in the UK.
He said: “I am passionate about what I do. For me, success means saving a business and jobs, or seeing justice done where a debtor is trying to hide assets.
“Insolvency is a stressful time. An important part of my role is to steer people through the trauma of insolvency.”
Source: Telegraph & Argus