Baker Tilly's Geoff Carton-Kelly has been appointed trustee in bankruptcy to former property tycoon Simon Halabi.
Carton-Kelly will look to establish the existence of any assets belonging to Halabi to be recovered for the benefit of creditors.
Halabi's past financial affairs will be investigated that could yield further recoveries.
"We aim to meet with Mr Halabi shortly and will be communicating with all creditors in due course," said Carton-Kelly.
The tycoon was 14th in the Times' Rich List 2007, valued at £3bn.
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