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Covid lockdown continues to keep bankruptcy numbers down in Q1 2021

30 April 2021

The number of individuals entering a personal insolvency procedure has reduced by approximately five per cent compared with the previous quarter demonstrating creditor tolerance and a reluctance to act against individuals throughout the Winter lockdown period.

RSM and Shoosmiths advise Talley on successful sale to Direct Healthcare Group
Clodagh Tunney

04 March 2021

RSM’s M&A and private equity team and Shoosmiths have successfully advised the shareholders of Talley Group Limited (‘Talley’), on its sale to Direct Healthcare Group (DHG). Talley have successfully built and established a highly regarded brand, developing one of the leading dynamic alternating mattresses in Europe.

Deviesh Raikundalia

Restructuring Advisory Director

Deviesh is a Restructuring Advisory Director based in Leicester and Nottingham and is an experienced advisory in Restructuring and is a Chartered Certified Accountant and a Licenced Insolvency Practitioner. His primary goal is to rescue and turnaround the situation with a view to ideally avoiding formal insolvency procedures. Deviesh is well known and regarded across the East Midlands professional and business community and has a wealth of experience in financial restructuring and recovery across various sectors including (but not limited to) automotive, manufacturing, construction, leisure and hospitality.

Helen Brocklebank

Corporate Finance Partner

Helen leads RSM's Mergers and Acquisitions team in the Midlands. She has 15 years’ experience in transactions, specialising in mid-market deals, leading and advising on a wide range of transactions including private equity and debt-backed management buy outs, disposals, acquisitions and development fund-raising.

Tyrone Courtman

Partner

Tyrone is a Partner based in Leicester and is an expert in Restructuring, a Chartered Accountant and a Licensed Insolvency Practitioner. He is well known and highly regarded across the East Midlands/Midlands business community and has extensive experience in financial restructuring and recovery across various sectors.

Personal insolvencies: on the decline, or a temporary respite?
Alec Pillmoor

30 April 2020

The number of individuals entering a personal insolvency procedure has fallen for the fifth consecutive quarter.

Winding up petitions and coronavirus
Keith Marshall

30 March 2020

The High Court has seen the same impact as other organisations from coronavirus, and it has now made clear that all winding up cases have been adjourned. This means that creditors will now need to apply for an urgent hearing where circumstances demand it.

RSM unveils growth strategy for creditor services business
Keith Marshall

14 January 2020

RSM has announced major growth plans for its creditor services business, including substantial new investments in products, people and premises.

Personal insolvencies rate continues to rise
Alec Pillmoor

30 July 2019

The number of individuals entering a personal insolvency procedure shows few signs of slowing as the rolling 12-month insolvency continues to rise, representing the highest Quarter 2 figure since 2010.

Worrying rise in 18-25 year-olds entering formal insolvency procedures
Alec Pillmoor

26 July 2019

RSM is predicting that official figures, due to be published next Tuesday, will show a 9 per cent rise in personal insolvency rates in England and Wales in quarter two when compared to the same quarter last year.

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