Welcome Neil Mather!
By Ian Robert
I am delighted to welcome Neil to the team. A renowned figure in the industry, his breadth of experience spanning many sectors, with particular specialisation in financial services, insurance and property will support the increasing amount of high-value work we are being engaged for, as well as bringing a fresh perspective that will complement our own as a forward-thinking team.
The addition of Neil bolsters our team’s decades of experience in restructuring and recovery, which has a solid background in property, marketing services, hospitality, nonprofit and litigation.
Neil is a licensed insolvency practitioner with over 25 years’ experience in taking both local and cross-border appointments. He advises lenders, directors, creditors and shareholders across many industries.
With particular experience in the insurance and financial services sectors, Neil has dealt with a number of large complex matters, including contentious insolvencies with litigation and recoveries across multiple jurisdictions, as well as general advisory and insolvency cases across a multitude of sectors in the UK.
Having spent much of his career at a big four accounting firm, Neil has honed specialisms in industries such as property, energy supply, care homes and professional services as well as education and nonprofit organisations.
A familiar face in the restructuring profession, Neil is known for his personable approach and sensitivity when advising stakeholders in troubled businesses.
Neil Mather said: “It’s incredibly exciting to be a part of Moore Kingston Smith, considering the firm’s burgeoning reputation in the market. I look forward to contributing to the growth of the practice, as well as the opportunity for collaboration; as a multidisciplinary firm, and through the Moore Global Network, enabling us to provide our high-quality service and a real advantage to clients both in the UK and internationally.”
What is a third-party debt order?
By Joshua Curryer
Individuals’ and companies’ finances are under increasing pressure, with some finding it difficult to keep up with debt repayments. Avoiding creditors is not the solution. If the debtor ignores the debt repayments, they might incur further charges and see their credit score affected.
Creditors and debtors usually prefer an informal repayment arrangement to avoid costly and time-consuming court intervention. However, sometimes court intervention is unavoidable.
A creditor can escalate the debt and obtain a judgment that the debtor owes money, known as a county court judgment (CCJ). The debtor usually accepts the CCJ but, if they don’t repay the debt, the creditor has other ways of recovering their money. One way is a third-party debt order.