RESTRUCTURING SOLICITORS FIRMS IN FINANCIAL DISTRESS

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IAL DISTRESS RESTRUCTURING OPTIONS PARTNERSHIP ISSUES WARNING SIG S PARTNERSHIP ISSUES WARNING SIGNS FINANCIAL DISTRESS RESTRUCTUR FINANCIAL DISTRESS RESTRUCTURING OPTIONS PARTNERSHIP ISSUES WARN Course prices RESTRUCTURING SOLICITORS FIRMS IN FINANCIAL DISTRESS HALF DAY COURSE Please tick appropriate membership category The fee includes all refreshments Leeds 13 March 2014 The Met 175 + VAT ( 210) Fellows 190 + VAT ( 228) Members / New professionals 230 + VAT ( 276) Associates 265 + VAT ( 318) Non-members London 5 June 2014 Holiday Inn Bloomsbury 200 + VAT ( 240) Fellows 220 + VAT ( 264) Members / New professionals 255 + VAT ( 306) Associates 295 + VAT ( 354) Non-members Can t make the course? Pre-order the course DVD* DVD 80 + VAT ( 96): DVD training package (plus p&p) 25 additional handbooks (plus p&p at cost) * We aim to release DVDs within three months of the date of the filmed course. Please refer to the website for release dates. BOOK NOW courses@r3.org.uk I will be making payment by credit card Please invoice me I enclose a cheque payable to Association of Business Recovery Professionals 9.30 13.00 Registration starts at 9.00 R3 the Education / Training Provider of the Year at the 2013 Insolvency & Rescue Awards, is dedicated to providing high quality and value for money education and training courses for all levels of insolvency professionals. Keep up to date on the latest technical and legal requirements at our upcoming courses for 2014: Introductory 13 MARCH Series 2014 I The Met CVAs The Issues of Key Stakeholders LONDON 5 JUNE in Insolvency 2014 I Holiday Inn Bloomsbury Pre-Pack Administrations Football Finance SPG Technical Review Charities and Community Interest Companies International Restructuring Conference Restructuring Day RESTRUCTURING SOLICITORS FIRMS IN FINANCIAL DISTRESS Hours CPD 3 Accreditation LEEDS Half Day Course

Course director Christina Fitzgerald Matthew Arnold & Baldwin LLP Following up on the growing demand to focus on a course which specifically dealt with how to advise distressed law firms, we have put together a panel of experts in this field who will share their first hand experiences with us. The current economic climate and changes to solicitors regulation and business structures means that increasingly, law firms are facing financial distress. Getting the right advice to these firms, together with working constructively with the SRA, can be vital to their survival and the preservation of value for creditors and stakeholders. This half day course will focus on the restructuring of solicitors firms in financial distress. Industry specialists will provide insight into the following topics: Warning signs of distress Restructuring options for both partnerships and LLPs Potential liability for partners and members How to secure the support of the SRA Partnership issues and the regulatory impact of distress The role of the solicitor licensed insolvency practitioner (SLIP) or special manager Who is this course aimed at? Insolvency practitioners, lenders, turnaround professionals and solicitors who specialise in advising distressed law firms.

Programme 9.00 Registration and coffee 9.30 Chairman s introduction Christina Fitzgerald, Matthew Arnold & Baldwin LLP 9.35 Warning signs of distress This session will look at a range of financial and other indicators for law firms which may be suffering from financial stress. Charles Turner, FRP Advisory LLP 10.10 Restructuring options and personal liability of partners / members A discussion on the different types of restructuring models for partnerships and LLPs. The potential personal liabilities and consequences for partners and members in the event of insolvency will also be addressed. Christina Fitzgerald, Matthew Arnold & Baldwin LLP 10.45 Securing the support of the SRA This session will discuss the regulatory aspects, what constitutes severe financial difficulties and how to deal with the SRA to avoid an intervention. Steve Billot, Duff & Phelps 11.20 Coffee break 11.35 Partnership issues: bankruptcy, PVAs and interlocking IVAs Mark will discuss PVAs and interlocking IVAs and will share some of his personal experiences in dealing with challenges. Mark Sands, Baker Tilly Business Services Limited 12.10 The role of the SLIP / Special Manager The role of the SLIP will be discussed, along with the limitations of trading a law firm in administration and the role of the special manager. Steve Cottee, Pinsent Masons LLP 12.45 Open panel discussion 13.00 Chairman s close This half day course runs back-to-back with Pre-Pack Administrations. For more information about this course, please refer to the brochure. Speaking opportunities at R3: Our course speakers are of exceptional quality. If you would like to share your knowledge to help develop others within the field, please email you details to kirsten.scully@r3.org.uk. R3 Breakfast Briefings and Webinars: Attend one of our breakfast briefing or webinar events to benefit from technical, legal and industry updates on your favourite hot topics. For more information on briefings and webinars taking place shortly, please visit our website www.r3.org.uk. If you have any suggestions or ideas on topics you would like featured, please email kirsten.scully@r3.org.uk. BOOK NOW courses@r3.org.uk

Course Speakers prices RESTRUCTURING SOLICITORS FIRMS IN FINANCIAL DISTRESS Charles Please Turner has tick many appropriate years membership with recent cases category involving experience The as fee an insolvency includes all refreshments advising professional practices and practitioner in both the corporate investigating assets transferred and personal insolvency arenas. by bankrupts to family members. He specialises Leeds in restructuring He previously worked for KPMG advice for 13 professional March 2014 practices The Met and RSM Tenon. Mark is actively and partnerships, 175 as + VAT well as ( 210) Fellowsinvolved in the IPA where he is a undertaking Irish 190 and + VAT other ( 228) crossborder assignments. 230 + VAT Charles ( 276) is Associates Vice President and often assists Members member / New of professionals Council and is Deputy the current President 265 + VAT of the ( 318) IPA, Non-members both broadcast and print media the specialist insolvency regulator, with issues relating to personal representing London the profession in insolvencies. a number 5 of June forums 2014 including Holiday Inn Bloomsbury government consultations, Steve Billot has over 30 years insolvency qualifications 200 + VAT and ( 240) in Fellows experience in corporate recovery promoting strong 220 professional + VAT ( 264) Members and / insolvency. New professionals He has carried standards. 255 + VAT ( 306) Associates out over 1,000 business reviews 295 + VAT ( 354) Non-members in his career as well as taking Christina Fitzgerald is based numerous formal appointments. in the London office of Matthew As a result he has a wide range Can t make the course? Arnold & Baldwin LLP and deals of experience in many sectors but with all aspects Pre-order of contentious the course DVD* has particular expertise in dealing and non-contentious corporate with professional practices and not and personal DVD insolvency, for profit organisations. In the past advising insolvency 80 + VAT practitioners, ( 96): DVD training few years package he has (plus carried p&p) out over accountants, 25 banks, additional ABLs, and handbooks 300 (plus assignments p&p at cost) with legal firms other commercial organisations. from sole practitioners to top 50 She qualified * We aim as a to licensed release DVDs within three firms months and of the has date worked of the closely with insolvency filmed practitioner course. Please over refer to the website the SRA for release throughout. dates. ten years ago. She is also an experienced litigator and acts for Steve Cottee is a partner clients in a wide range of disputes with experience in all aspects including corporate, shareholder of corporate recovery and and partnership BOOK litigation, complex restructuring work acting for banks, contractual NOW disputes, courses@r3.org.uk fraud and office-holders, directors and other professional negligence. stakeholders. He has acted on a number of high-profile assignments Mark Sands is a personal including High & Mighty, Nevada insolvency specialist I will be at making Baker payment by Bobs, credit Hextalls card LLP, Halliwells LLP, Tilly and a licensed Please insolvency invoice me the Agora Group and Southern practitioner with I enclose 25 years a cheque payable Cross. to Association Steve has a of particular experience. He Business currently Recovery Professionals expertise in dealing with insolvent specialises in personal insolvency professional practices. HALF DAY COURSE Application form Firm Address Tel no. Postcode Fax no. Email R3 the Education / Training Contact name (if not delegate) Provider of the Year at the 2013 P.O. number Insolvency & Rescue Awards, is dedicated How to did providing you hear about high this quality course? and value Post for money Email education LinkedIn Recovery Magazine Other (please specify) and training courses for all levels of insolvency professionals. Keep up to Credit/debit date on the payment latest technical form We accept any of the following payment methods (please tick): and legal requirements at our upcoming Visa courses Mastercard for 2014: Card holder s name Switch Visa Electron Introductory Series *Card no CVAs *Card issue no or valid from The Issues of Key Stakeholders in Payment Insolvency amount Pre-Pack *Security code Administrations (last 3 numbers the back of the card) Football Finance Signature: SPG Technical Review Charities and Community Interest Companies / *Expiry date / International Date Restructuring / / (*indicates mandatory field) Conference R3 takes your privacy seriously. We will retain and use your personal data to provide you with information on our services. Your name Restructuring and firm will be published Day in the delegate pack for every course you attend, unless otherwise requested. Cheques to be made payable to Association of Business Recovery Professionals. Bookings will only be accepted on receipt of registration form by post, fax, email (courses@r3.org.uk) or through the R3 website, www.r3.org.uk. Delegate substitutions are permitted but a supplement will be charged where there is a difference in membership category. Credit notes will only be issued if cancellations are received in writing no less than two working days prior to the date of the course. Refunds will not be available. A VAT receipt will be issued.

Speakers Course prices Charles Turner Please has many tick appropriate years with membership recent cases category involving experience as The an insolvency fee includes all refreshments advising professional practices and practitioner in both the corporate investigating assets transferred and personal insolvency arenas. by bankrupts to family members. He specialises Leeds in restructuring He previously worked for KPMG advice for professional 13 March practices 2014 The Met and RSM Tenon. Mark is actively and partnerships, 175 as well + VAT as ( 210) Fellows involved in the IPA where he is a undertaking Irish and 190 other + VAT crossborder assignments. 230 Charles + VAT is ( 276) Associates Vice President and often assists ( 228) Members member / of New Council professionals and is Deputy the current President 265 of + the VAT IPA, ( 318) Non-members both broadcast and print media the specialist insolvency regulator, with issues relating to personal representing the London profession in insolvencies. a number of forums 5 June including 2014 Holiday Inn Bloomsbury government consultations, Steve Billot has over 30 years insolvency qualifications 200 + and VAT in ( 240) Fellows experience in corporate recovery promoting strong 220 professional + VAT ( 264) Members and insolvency. / New professionals He has carried standards. 255 + VAT ( 306) Associates out over 1,000 business reviews 295 + VAT ( 354) Non-members in his career as well as taking Christina Fitzgerald is based numerous formal appointments. in the London office of Matthew As a result he has a wide range Can t make the course? Arnold & Baldwin LLP and deals of experience in many sectors but with all aspects Pre-order of contentious the course DVD* has particular expertise in dealing and non-contentious corporate with professional practices and not and personal DVD insolvency, for profit organisations. In the past advising insolvency 80 practitioners, + VAT ( 96): DVD few training years package he has carried (plus p&p) out over accountants, banks, 25 ABLs, additional and handbooks 300 assignments (plus p&p at with cost) legal firms other commercial organisations. from sole practitioners to top 50 She qualified * as We a aim licensed to release DVDs within firms three months and has of the worked date of closely the with insolvency practitioner filmed course. over Please refer to the the website SRA for throughout. release dates. ten years ago. She is also an experienced litigator and acts for Steve Cottee is a partner clients in a wide range of disputes with experience in all aspects including corporate, shareholder of corporate recovery and and partnership BOOK litigation, complex restructuring work acting for banks, contractual disputes, NOWfraud courses@r3.org.uk and office-holders, directors and other professional negligence. RESTRUCTURING SOLICITORS FIRMS IN FINANCIAL DISTRESS HALF DAY COURSE stakeholders. He has acted on a number of high-profile assignments Mark Sands is a personal including High & Mighty, Nevada insolvency specialist I will at be Baker making payment Bobs, by Hextalls credit card LLP, Halliwells LLP, Tilly and a licensed Please insolvency invoice me the Agora Group and Southern practitioner with 25 I enclose years a cheque payable Cross. to Steve Association has a particular of experience. He currently Business Recovery Professionals expertise in dealing with insolvent specialises in personal insolvency professional practices. Application form Firm Address Tel no. Postcode Fax no. Email R3 the Education / Training Contact name (if not delegate) Provider of the Year at the 2013 P.O. number Insolvency & Rescue Awards, is dedicated How did you to hear providing about this high course? quality and Post value for Email money LinkedIn education Recovery Magazine Other (please specify) and training courses for all levels of insolvency professionals. Keep Credit/debit up to date on payment the latest technical form We accept any of the following payment methods (please tick): and legal requirements at our Visa upcoming Mastercard courses for 2014: Switch Visa Electron Card holder s name Introductory Series *Card no CVAs *Card issue no or valid from The Issues of Key Stakeholders Payment in Insolvency amount *Security Pre-Pack code (last Administrations 3 numbers the back of the card) Football Finance Signature: SPG Technical Review Charities and Community Interest Companies / *Expiry date / Date International / Restructuring / (*indicates mandatory field) R3 takes Conference your privacy seriously. We will retain and use your personal data to provide you with information on our services. Your name and firm Restructuring will be published the Day delegate pack for every course you attend, unless otherwise requested. Cheques to be made payable to Association of Business Recovery Professionals. Bookings will only be accepted on receipt of registration form by post, fax, email (courses@r3.org.uk) or through the R3 website, www.r3.org.uk. Delegate substitutions are permitted but a supplement will be charged where there is a difference in membership category. Credit notes will only be issued if cancellations are received in writing no less than two working days prior to the date of the course. Refunds will not be available. A VAT receipt will be issued.

CPD Accreditation The course constitutes structured CPD to meet the requirements of the Association of Certified Chartered Accountants (ACCA), the Institute of Chartered Accountants in England and Wales (ICAEW), the Insolvency Practitioners Association (IPA), the Institute for Turnaround (IFT), Solicitors Regulation Authority (SRA) and the Bar Council. Solicitors Regulation Authority/Bar Council CPD accreditation Ref: ABR/RTAB 3 hours Key sponsorship partners The Voice of Business Recovery Association of Business Recovery Professionals 8th floor 120 Aldersgate Street London EC1A 4JQ Tel: 020 7566 4234 Fax: 020 7566 4225 Email: courses@r3.org.uk www.r3.org.uk Not already an R3 member? R3 is the leading trade body of Business Recovery Professionals operating as the most authoritative body for the Insolvency Profession. R3 members represent over 97% of all licensed insolvency practitioners, business recovery and turnaround professionals working within the UK. How do I join? To take advantage of its member benefits, join today and receive discounts on R3 courses, including this one. Visit www.r3.org.uk today. CIAL DISTRESS RESTRUCTURING OPTIONS PARTNERSHIP ISSUES WARNING S ONS PARTNERSHIP ISSUES WARNING SIGNS FINANCIAL DISTRESS RESTRUCTU S FINANCIAL DISTRESS RESTRUCTURING OPTIONS PARTNERSHIP ISSUES WAR