Richard Long takes up the presidency of the IPA, following a long career as an expert in drug trafficking enforcement and is one of the few sole practitioners to take on the role. He succeeds Colin Haig of mid-tier firm Baker Tilly.
He steps up from chairman of the IPA’s Investigative Committee, where he was ‘instrumental in improving accountability within the profession’, including the punishment of a partner at collapsed IP, Casson Beckman.
Speaking on taking on the presidency for the one-year term, Long said: ‘Insolvency practitioners have an undeserved reputation as the uncaring “hard-men” of the business world. Though the job often requires ruthless decision-making to rescue doomed businesses, we mustn’t forget the impact of our work on directors, creditors and members of the public when achieving the best result.’
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children