FORMER REEVES partner Filippa Connor, has launched an all-female insolvency practice.
Connor teamed up with ex-Atherton Bailey partner Ruth Duncan to create RNF Debt Advisory with two offices in London and Maidstone. The structure will work as two limited companies under a group holding company called RNF Debt Advisory. It will have three full and part-time staff, plus Duncan and Connor as partners.
They launch the firm at a tough time for the profession. Insolvency cases have shrunk in the last year with the latest government insolvency statistics showing that liquidations were down 2.5% compared to the previous quarter and 2% down compared to the same period a year ago. Collectively administrations, receiverships and company voluntary arrangements have fallen 3.8% compared to the same period a year ago.
Connor (pictured) told Accountancy Age that despite the statistics, the UK economy was picking up and that a “healthy insolvency market is conducive to a healthy economy”.
Between them Duncan and Connor have more than 40 years’ appointment-taking experience as insolvency practitioners.
Connor joined Reeves in November 2011 and before that was a partner at P&A Partnership. During her career she has founded her own practice, Filippa Connor Associates, was joint-owner of B&C Associates and began her career at David Rubin & Partners.
Duncan began her career at Levy Gee, (later Vantis then RSM Tenon with the insolvency arm becoming FRP Advisory). During her career she has worked at Grant Thornton, Smith & Williamson and Baker Tilly before starting her own firm Maxwell Davies in February 2003 – which merged with Atherton Bailey in 2006.
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