Philip Long retires from PKF

PKF'S TOP INSOLVENCY MAN Philip Long has retired from the company.

Long stepped down as national corporate recovery partner having worked at the firm for more than 38 years.

He is succeeded by Ian Gould and will continue as a consultant at PKF for the foreseeable future.

"I am delighted to be passing over the reins to Ian Gould and the firm is in such good shape," said Long.

He has worked on football insolvencies such as Oldham Athletic and Northampton Town, as well as F1 affiliated businesses such as Super Aguri and Arrows.

Long's successor Gould was until recently based in the West Midlands. He most recently worked with Long on the high profile Super Aguri case.

The F1 car maker ended up in court as its major creditor, Honda, opposed the administrators' remuneration package. Gould, Long and Brian Hamblin, joint administrators to the business, were able to recover 95% of their pay package plus costs in court.

PKF has also recruited former Smith & Williamson director in insolvency, James Money.

He takes on the role of partner in the firm's corporate recovery division and will be based in the London office working with Steve Holgate.

Money qualified with Deloitte before moving to KPMG where he was lattery director. Most recently he spent three years at Smith & Williamson as its director of insolvency.

He said he was attracted to the "fantastic footprint" at PKF and its "exciting sector expertise".