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.’
Three new partners and seven business restructuring advisers have been appointed to the new Preston office
Political and economic uncertainty behind the fall in confidence
Just Racing Services, operating company of the Manor Racing Formula One team has entered administration
Last year 16 oil and gas companies became insolvent, finds Top Ten firm Moore Stephens