Sem­i­nar idea takes credit

The Peterborough Evening Telegraph - - ET BUSINESS DAILY -

CITY busi­nesses will be able to ex­pe­ri­ence the at­mos­phere and process of a cred­i­tors’ meet­ing in Jan­uary at an in­no­va­tive sem­i­nar.

Roythornes solic­i­tors and Bul­ley Davey ac­coun­tants have joined forces to run a mock cred­i­tors’ meet­ing on Jan­uary 24 at Bul­ley Davey’s Peter­bor­ough of­fices.

Speak­ing about the event, Mike Greg­son, in­sol­vency spe­cial­ist at Bul­ley Davey, said: “When a com­pany fails, the cred­i­tors – those who are owed money – usu­ally re­ceive an in­vi­ta­tion to the cred­i­tors’ meet­ing. Many com­pa­nies ig­nore the in­vi­ta­tion be­cause they think that at­tend­ing the meet­ing won’t make a dif­fer­ence, but we hope to demon­strate that by en­gag­ing with the process, they could re­cover more of the money they are owed.”

Kate Rob­bins, head of Roythornes’ debt re­cov­ery unit, said: “The num­ber of cred­i­tors’ meet­ings con­tin­ues to rise and the first many peo­ple know about it is when they re­ceive an in­vi­ta­tion to at­tend. The meet­ings have a for­mal struc­ture and know­ing the right tac­tics to use when ap­proach­ing them can in­crease your chances of suc­cess.”

The firms will role-play at the meet­ing, based on a set sce­nario, and af­ter the event there will be a dis­cus­sion on learn­ing points and the key is­sues that could arise.

Kate said: “We want to make it en­ter­tain­ing as well as in­for­ma­tive and we hope that del­e­gates will go away with use­ful strate­gies which could help them re­cover more of their money should they find them­selves in this in­creas­ingly com­mon sit­u­a­tion.”

Any­one in­ter­ested in at­tend­ing the sem­i­nar should con­tact Mark Dodds on 01775 842596 or mark­dodds@

sit­ting pretty: Michael Bris­bourne at Peter­bor­ough Re­cliner Cen­tre.

debt re­cov­ery spe­cial­ist: Kate Rob­bins, of Roythornes solic­i­tors.

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