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Weekly moves 26 June 2014

DWF hires new City office partner

Law firm DWF has recruited Finella Fogarty as business restructuring partner, to strengthen its financial services capability in the City.

Fogarty joins DWF from DLA Piper, where she held the role of legal director.

With over 11 years’ experience, Fogarty specialises in advising banks, insolvency practitioners, corporates and individuals on restructuring and turnaround situations, including all forms of formal insolvency and dealing with both contentious and non-contentious aspects.

She advises on a range of matters from trading administrations, bankruptcy and receiverships to fraud and syndicated restructures, many of which are high-profile.

She is also a keen member of R3 and the Association of Business Recovery Professionals, and recently contributed to an R3 round table discussion group on ‘Women in the Insolvency Industry’.

The hire comes as DWF has signalled its intention to invest heavily in growing its London offering, and in developing its financial services sector expertise. Fogarty will be joined by associate Martyn Kolankiewicz, also from DLA Piper.

DWF’s head of financial services, Andrew Gregory said: “Finella has first-rate restructuring and insolvency expertise and is a great addition to our national team.

“Her knowledge of the London market will enable us to significantly expand our practice in the City over the next few years.”

Finella added: “I am excited about joining DWF, as both the energy and vision of the firm reflect my own ambitions. I have been given a fantastic opportunity to support the development and expansion of the current national practice by growing it in London and it is an opportunity I am very much looking forward to.”

Merger results in new insolvency firm

Two Swindon-based accountancy firms are set to merge to create a new accountancy and insolvency practice.

Banks Chartered Accountants and BHG Chartered Accountants will merge on 30 June to form Banks BHG Chartered Accountants, headed up by Banks’ directors Neil Elsden and Richard Mathews alongside BHG’s founder Bernard Harrington.

Harrington said: “Banks shares our dynamism and philosophy, so the two firms make an excellent fit. As well as this, we have specialisms in different areas, which means we can give our clients access to a greater range of services, and the same is true for Banks’ clients.”

Mathews said: “We are very excited about this merger, which we believe will further our ambition to be the number one accountancy firm in Swindon.”

The new firm, which will also focus on turnaround work, will comprise the three directors and 30 staff. All staff from BHG’s Shrivenham will move across to Swindon, and the Shrivenham office will close.

Baker Tilly appoints head of Lancashire

Baker Tilly has announced the appointment of Kevin Duffy as the firm’s head of the Lancashire region.

Duffy, who has been with the company (and predecessor RSM Tenon) since 2003, will be based in the company’s Preston office which opened in mid-June.

He will oversee the firm’s strategy to double the size of its business in Lancashire over the next three years.

Duffy said: “This is a great opportunity. There’s a buzz about Lancashire at the moment and exciting things are on the horizon for the county.

“Lancashire is extremely important to us, and we have ambitious plans to strengthen our presence and make a significant investment in the region over the next few years.

“Our new office in Preston signifies our ambition as well as our intention to be right at the heart of the Lancashire success story.”

Two new directors at Begbies Traynor

Begbies Traynor has promoted two of its Birmingham office staff to appointment-taking director level.

Mark Malone and Gareth Prince both achieved the Joint Insolvency Examination Board qualification in 2010, having previously qualified as Chartered Certified Accountants.

Malone and Prince have been part of the Begbies Traynor team in the Midlands since 2004 and 2005 respectively.

John Kelly, regional managing partner for Begbies Traynor in the Midlands, said: “I have worked with Mark and Gareth for many years and they have developed a wide experience in corporate recovery procedures and turnaround situations working with directors, banks and other stakeholders of distressed businesses.

“I am delighted they will both now be available to take appointments, which is a natural development in their careers.

“The Birmingham office covers a wide range of sectors from traditional manufacturing to professional practices and I look forward to Mark and Gareth’s continued progress in our office.”

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