Profile

Andrew Conquest (Partner)

Andrew has specialised in treating ailing businesses since 1974.  He was responsible for leading the firm's Recovery & Reorganisation practice in East Anglia for over 20 years before moving to London in 2000 to head up the London asset recovery and tracing team whilst playing a supporting role in Cambridge.  His current role involves UK and international assignments in varying jurisdictions including the US, Ireland, Argentina, Romania and Scandinavia.  Andrew leads our Exit Strategy product in London.  He is also head of Recovery's haulage and distribution specialism and is responsible for liaison with our general practice team in the South East and Grant Thornton Dublin.

Experience

Andrew has dealt with business reviews and all forms of executory appointments.

Key assignments include:

• administrative receiver of Specialised Mouldings Limited - a landmark case for insolvency practitioners in the area of employment liabilities
• administrative receiver of a multi franchise motor retail and leasing group engulfed in fraud
• administrative receivership of a  quoted manufacturing group which resulted in a full return for the debenture holder following extensive work resolving a claim against the auditors
• advising the US owner of  Wax Lyrical, a specialist candle retailer on its exit options.  This led to an Administrative Receivership and a return for the owner well in excess of expectations resulting from the recovery strategy adopted
• advising the shareholders of a £50m turnover leading root crop grower and supermarket supplier on restructuring
• advising the US banking syndicate owed $80million on maximising their recovery from a worldwide group of rapid dispatch businesses.  This involved both an assessment of potential fraud and the pre pack receivership of its UK subsidiary.
• advising the principal lender in relation to a £100million turnover distribution business
• administrative receivership of substantial property development business (bank debt £20million) with UK wide developments
• exit strategy advice for a quoted telecoms business with shareholder value being enhanced through a members voluntary liquidation
• administrative receivership of a £40million turnover construction business
• administration and CVA of a 8m turnover laminated foil printing business
• administrative receiver of a pier and amusement caterer
• asset recovery assignments in Argentina and Romania
• acting as liquidator to a business based in Bahrain.

Andrew's expertise covers:

• Motor retail
• Property and construction
• Retailing
• Haulage, distribution and freight forwarding
• e-commerce and telecoms.
• Leisure
• Mining and minerals
• Agriculture
• Engineering
• Printing
• Manufacturing.

Qualifications

• FCA (Member of the Institute of Chartered Accountants in England and Wales).
• Licensed Insolvency Practitioner
• MABRP
• MICM