Insights

By Dina Devalia and Brian Burke, who are both Managing Directors specialising in the Financial Services sector, Insolvency and Restructuring.

How payment services firms can help shape the funds safeguarding regulations in the proposed new Client Assets Sourcebook chapter (CASS 15) deal with the implications and deliver the business value.

Experts from business advisory firm Quantuma were appointed as Joint Administrators of architectural and structural glazing specialists, Vitrine Systems Limited, on 21 October 2024. Quantuma’s Nick Simmonds and Chris Newell were appointed as Joint Administrators to oversee the process.

Business advisory firm Quantuma has secured the future of D&A Seafood Solutions Ltd in a sale to Ramus (Grimsby) Ltd. Quantuma managing directors Sean Bucknall and Elias Paourou were appointed as Joint Administrators of D&A Seafood Solutions on 31 October 2024 and completed the sale of the business and assets shortly thereafter to Grimsby-based company Ramus (Grimsby) Ltd, a supplier of premium quality, fresh fish and seafood.

Entrepreneurs are usually more focused on the challenges of running and growing their businesses, than thinking about succession. As their lawyer, accountant or other professional adviser, you may be reluctant to broach what can be a sensitive and quite personal subject. But succession is a natural part of the business lifecycle; the sooner you discuss succession plans, the more value you can add, and your clients can achieve. Understanding their options is critical to all business owners. Here, deals specialist Adrian Howells looks at typical succession options and how to get discussions with your clients underway.

The Quantuma team is a finalist for numerous awards at the Turnaround, Restructuring & Insolvency (TRI) Awards 2024. These include the prestigious TRI Employer of the Year Award and Company Award for Diversity and Inclusion, as well as Insolvency Team of the Year. The winners will be announced on 27 November at the UK TRI Awards Dinner in London.

Insolvency Practitioners, Richard Easterby and Michael Kiely from business advisory firm Quantuma, were appointed as Joint Administrators of Nottingham-based wholesale textile business, GS UK Limited, on 5 September 2024.

Experts from business advisory firm Quantuma have completed a pre-pack administration of Sheffield based, specialist engineering firm Linbrooke Services Ltd. This secures the future of the business and protects around 140 jobs.

We are delighted to announce the continued expansion of its Birmingham office. Led by Richard Easterby and Scott Peters, Quantuma’s Birmingham team has experienced substantial growth in recent months, securing significant deals and welcoming new team members to support its ambitious plans.

In the latest article from our Disputes, Investigations and Valuations team, Kerrin Manley discusses the impact not disclosing key information can have on experts’ views and consequently the outcome of a case.