The pair will be liquidating solvent hedge fund advisor Continuous Time Finance, which was advising Cayman Island-based hedge fund The Continuous Time Finance Fund Limited.
‘There are not too many differences from a standard liquidation but there are a few caveats,’ Bairstow said
He explained that the main difference was that ‘the rules’ for the liquidation of an LLP were determined by its own constitution, as opposed to the requirements of the Companies Act that would be applied in the liquidation of a limited company.
Bairstow said this had made for a ‘cerebral challenge’.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.