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"We have involved the CAPA team on both the Jessops and Phones4U administrations where they have brought to bear their skills and experience to generate significant additional recoveries for the stakeholders, a great result in both cases."
"I was interested in CAPA's point of difference, in that it works for tenants only. In completing 390 landlord negotiations I would say that CAPA's performance has been excellent, with very good results achieved."
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CAPA will be the main sponsor of this year’s R3 Annual Conference, as the trade association for insolvency and restructuring professionals marks its 30th year.
Due to be held at De Vere Beaumont Estate Windsor between May 13 and 15, the R3 Annual Conference will feature three days of cutting-edge technical content, thought leadership and networking. RAF pilot Mandy Hickson has recently been announced as a keynote speaker and will explain to guests how she’s overcome various challenges in her flying career.
Around 200 conference delegates will be at the venue – which boasts 400 modern and luxury suites, a state-of the-art conference village and 44 acres of grounds featuring commissioned sculptures and natural ponds close to the River Thames.
This year, the first 150 conference tickets sold will come with a complimentary ticket on R3’s River Cruise on the evening of Wednesday May 13. This will be a 90-minute trip on the Queen of the Thames, the largest boat on the Upper Thames, into Windsor.
More information on the conference can be found on R3’s website.
The administrators of a popcorn manufacturer that supplied 90% of the UK’s cinema industry have instructed CAPA to audit the business.
CAPA will be conducting a rates audit at Thomas Tucker, a Nottinghamshire-based independent provider of snacks to supermarkets as well as cinema chains across the entire country, after it entered insolvency.
The company, which traded under the Tommy Tucker brand and employed more than 100 staff, had been a well-known business having supplied cinemas for nearly 30 years. In the year leading up to September 2019, the business had been suffering financial difficulties for various reasons, including a product recall.
Ultimately, Adam Harris and Patrick Lannagan, of the insolvency and business recovery firm Mazars, were appointed joint administrators of the company on September 23 2019.
CAPA has announced two new senior hires in its growing Ratings division, as the property and audit consultancy ramps up its support for retailers and the turnaround and restructuring profession.
Charted surveyor Susan D’Arcy has joined CAPA as a rating consultant, bringing a wealth of experience having worked for a national property consultancy for 12 years. Prior to this role, she spent 16 years as a senior surveyor at the Valuation Office Agency.
Susan will play a key role within a team managing rating appeals and audits for more than 30 retailers at present. The Ratings division is also involved in many high-profile administrations and turnarounds for a variety of commercial occupiers throughout the UK.
Nicola Connell will also take a leading role in driving CAPA’s audit services for retailers. Nicola brings nearly 25 years of experience, having worked for the past 20 years with national rating practices.
She will also be working on CAPA’s increasing support for turnaround, restructuring and insolvency practitioners on large administrations and turnarounds for commercial property occupiers.
Susan can be contacted on:
Nicola can be contacted on:
CAPA is delighted to be sponsoring the Turnaround, Restructuring & Insolvency (TRI) Awards for the 8th consecutive year, organised by Shard Financial Media.
The TRI Awards has for 11 years championed the firms, teams and individuals who are beacons of best practice in the field of business turnaround, corporate restructuring, corporate insolvency and the funding of business recovery. The independent awards panel comprises restructuring professionals from the UK’s largest banks, turnaround practitioners, insolvency practitioners, funders, regulators and the country’s foremost legal experts.