R3 is the trade association for the UK’s insolvency, restructuring, advisory, and turnaround professionals. We represent insolvency practitioners, lawyers, turnaround and restructuring experts, students, and others in the profession. Our full members are qualified, regulated and work across the spectrum of the profession, from the global legal and accountancy firms through to smaller, local practices. The insolvency, restructuring and turnaround profession is a vital part of the UK economy. The profession rescues businesses and jobs, creates the confidence to trade and lend by returning money fairly to creditors after insolvencies, investigates and disrupts fraud, and helps indebted individuals get back on their feet. The UK is an international centre for insolvency and restructuring work and our insolvency and restructuring framework is rated as one of the best in the world by the World Bank. R3 supports the profession in making sure that this remains the case. R3’s work includes: • Technical support for members • Education, training and networking opportunities • Public affairs, press and policy work • Support for all practice sizes • Marketing and advertising opportunities • Guidance for businesses and individuals Visit us on twitter @R3PressOffice or @R3_Events
External link for R3 Association of Business Recovery Professionals
3rd Floor, Clerkenwell House, 67 Clerkenwell Road
London, England EC1R 5BL, GB
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Meet our #RestructuringPlan experts! 🤝 As we gear up for our new Restructuring Plan series, we're excited to introduce the #experts behind some of the UK’s most #impactful restructuring projects. From household names like #Prezzo and #Clintons to other major success stories, our team brings unparalleled insights and experience to the table. Stay tuned for more coming soon! 🔜 Allan Kelly Jim Davies Greg Carr Philip Reynolds
Congratulations to the 2024 Richard Turton Award Winner CS Emily Onyango from Adili Group on the publication of her paper: “Financing Corporate Rescue in Kenya: The Case for a Corporate Rescue Fund”. We’re incredibly proud to continue to be a partner in The Richard Turton Award, which is presented in memory of Richard Turton, an insolvency practitioner who played a key role in the formation of R3, INSOL, INSOL Europe and the Insolvency Practitioners’ Association, and grateful to our Immediate Past President Nicky Fisher of Herron Fisher for taking the time help judge this year’s Awards. #turnaround #insolvency #restructuring R3 Association of Business Recovery Professionals
This morning we held our second Diversity and Inclusion Champions round table event, hosted at Fieldfisher's office in London. It was fantastic to hear from Fieldfisher's Head of Inclusion Justina Omotayo about her journey into the field, and the launch of Fieldfisher's Inclusion Strategy and key workstreams. The discussion covered a wide range of topics, including ways to help both big and small firms make #EDI a priority in their business strategy, and gave us clearer ideas about how we can promote and support diversity and inclusion throughout the profession. Thank you to everyone who attended and to Fieldfisher for hosting us. Stewart Perry Caroline Sumner Claire Hardgrave Angela Crossley Ali Walji Katie Hudson Heather C. Asma Iqbal Christina Fitzgerald Rehan Ahmed Anthony Simmons Roya Panahi #diversity #inclusion R3 Association of Business Recovery Professionals
It was great to see so many colleagues come together last night at the Technology and Insolvency panel session for an evening of technical updates, topical discussions and valuable networking opportunities. Thank you to our speakers for your illuminating insights on cryptocurrency and artificial intelligence, highlighting how these technological advances could shape the future of the profession: Rob Armstrong Chief ICC Judge Briggs David Quest Tim Symes Aleks Valkov And thank you to our venue sponsor Stewarts and key sponsor partners MANOLETE PARTNERS Plc and Marsh for your support. #turnaround #insolvency #restructuring
Corporate insolvencies in England and Wales fell both month-on-month and year-on-year in October, according to new statistics from the Insolvency Service. R3 President Tim Cooper of Addleshaw Goddard said that the increase in MVLs ahead of the Autumn Budget may have influenced the figures published today, and urged directors to seek advice if they had concerns about their finances or if they were looking at their options for managing the financial impact of the change to employers National Insurance Contributions that was announced in the Budget. You can read the full statement here: https://lnkd.in/ebm9SizW #turnaround #insolvency #restructuring R3 Association of Business Recovery Professionals
Join us tomorrow for the next complimentary R3 members webinar on the insolvency regime for payment and e-money services firms – in conversation with the FCA. Hear from Rebecca Bell, Antoniya Mercer and Caroline Sumner on the special administration regime for companies registered under the Payment Services Regulation 2017, or Electronic Money Regulations 2011, focusing on how it supports payment and e-money services and its interaction with “conventional” insolvency processes. For further details go https://bit.ly/3Z2V8Om. Thank you to our key sponsor partners MANOLETE PARTNERS Plc and Marsh for your ongoing support. #turnaround #restructuring #insolvency
Antoniya Mercer is a solicitor and technical specialist in the Resolution and Insolvency department at the Financial Conduct Authority (FCA). In this Q&A, she shares how her experience in a small law firm set the foundation for her impactful role in the public sector. Read the full Member Spotlight Q&A: https://lnkd.in/e_65a9Su Antoniya will also be speaking this Wednesday at our free-to-member webinar ‘In Conversation with The FCA’. Register now: https://lnkd.in/efR3AH5X R3 Association of Business Recovery Professionals #Insolvency #Restructuring #R3Community
Our colleagues at UNCITRAL: United Nations Commission on International Trade Law are looking for insights into the most impactful cases, practices, and tools in cross-border insolvency cooperation since 2009 to help them update the UNCITRAL Cross-Border Insolvency Practice Guide. Members have been sent an email from INSOL International today containing the link to the survey, which closes for responses on Monday 25 November. If you haven’t received an email, you can complete the survey here: https://lnkd.in/eT9uQjrT #turnaround #insolvency #restructuring R3 Association of Business Recovery Professionals
Please join us next week at the R3 WOSIF Technical Event, taking place on 19 November at the offices of Pinsent Masons in Glasgow. Following the recent Pindar Scarborough [2024] and Boughey v Toogood [2024] rulings, Natalie Colaluca, Joanne G. and Jacob Hay will provide an update on administration extensions and remuneration requests. There will also be plenty of networking opportunities available following the presentation, allowing attendees to reconnect with colleagues. For further details go to https://bit.ly/3CnKZnv or email WOSInsol@gmail.com to confirm your place. Thank you to our key sponsor partners MANOLETE PARTNERS Plc and Marsh. #turnaround #restructuring #insolvency
We would like to thank all those who have attended the R3 Personal Insolvency Forum today. Packed with topical discussions and valuable networking opportunities, the day has provided practical insights and technical updates into the evolving challenges in personal insolvency. Thank you to our speakers: Beverley Budsworth Julian Cahn Mark Davies Richard Dillea Dominic Dumville Mark Ford Matthew Martin Sarah May Katie McLachlan Caroline Sumner Charles Turner Thank you to our key sponsor partners MANOLETE PARTNERS Plc and Marsh for your ongoing support. #turnaround #insolvency #restructuring