Geoff Bouchier, Managing Director in Duff & Phelps' Global Restructuring Advisory practice, was featured in Peer2Peer Finance News, discussing how no two insolvency cases are the same and detailing key steps in the insolvency process.
Geoff commented: "Each insolvency appointment is unique, having its circumstances, which led to the individual objectives and strategies going forward. Securing and reviewing company records and electronic data are of primary importance at the outset of any insolvency appointment."
Geoff further stated that property loan books take time to realize as they have to reach maturity and in the event of a default, enforcement steps are then required to be taken. "The key throughout is for the insolvency practitioner to maintain a regular dialogue with the platform's lenders," he added.
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