Frp Advisory

FRP Advisory has appointed one of the North East’s most experienced insolvency practitioners, Graham Smith, as a new director based in the firm’s Aberdeen office. Graham Smith has over 20 years’ experience dealing with an extensive and high-profile range of restructuring and insolv

Stuart Robb and Chad Griffin, partners with FRP Advisory, have sold The Glenburn Hotel, which was in administration, to the UK’s largest independent hotel group, Bespoke Hotels. The sale, which is for an undisclosed sum, adds to Bespoke Hotels’ portfolio of 90 hotels in the UK, including

Tom MacLennan, Callum Carmichael and Michelle Elliot, partners with FRP Advisory, have been appointed joint administrators of one of the UK’s largest producers and processors of fish and seafood, Dawnfresh Holdings Limited, Dawnfresh Seafoods Limited and R R Spink & Sons (Arbroath) Limited

Callum Carmichael and Michelle Elliot, partners with FRP Advisory, have sold the business, assets and goodwill of Edinburgh-based internet retailer Flowercard International Limited to Flowers in Cards Limited, a new venture formed to acquire the business. Flowers in Cards Ltd plans to invest in and

Michelle Elliot and Simon Carville-Briggs, partners of FRP Advisory have been appointed joint administrators of Chas Smith Group Limited (CSG), a long-established shop fitting business. Founded in 1921, the business specialised in design and installation of high-end fit outs, predominantly for autom

Tom MacLennan, Iain Fraser and Chad Griffin, partners with FRP Advisory, have been appointed joint administrators of Countesswells Development Limited (CDL), a construction and land development company. CDL oversees the development of land at the new Countesswells community located to the West of Ab

The Glenburn Hotel Limited in Rothesay on the Isle of Bute, which owned the historic Glenburn Hotel and which was placed in administration in August this year, is to be marketed for sale at offers over £1.1 million. Stuart Robb, partner with FRP Advisory and joint administrator of The Glenburn

Michelle Elliot and Tom MacLennan of FRP Advisory have been appointed as administrators of CS Wind (UK) Limited, a wind tower solutions business based in Argyll.

Stuart Robb and Chad Griffin, partners with FRP Advisory, have been appointed joint administrators of The Glenburn Hotel Limited. The company owns and operated the Glenburn Hotel, a prominent grand hotel based in Rothesay on the Isle of Bute originally built as Scotland’s first ‘Hydropat

New regulations which aim to improve the transparency of sales to connected parties in administrations are flawed, says insolvency and restructuring trade body R3 in Scotland. The rules, which come into effect on 30 April, apply to all sales of businesses and/or substantial assets of a company in ad

Iain Fraser and Tom MacLennan, partners with FRP Advisory, have been appointed joint administrators to Wooha Brewing Company Limited, the fast-growing artisan brewing business based in Kinloss, Morayshire. Founded in 2015 by Heather McDonald, Wooha Brewing had built a substantial export business for

FRP Advisory, the liquidators of Patisserie Valerie, has launched a £200 million legal claim against the cake chain's auditor Grant Thornton. Patisserie Valerie went into administration in January 2019 following the emergence of an accounting scandal.

FRP Advisory has announced the sale of the intellectual property and goodwill assets of Allander Print, which was in administration, to Tempus IME. FRP partners Tom MacLennan and Iain Fraser were appointed as administrators to the firm after it encountered unsustainable cash flow problems linked to

FRP Advisory has appointed Emma Turnbull as a new restructuring advisory director in Scotland. During her 15-year career, Ms Turnbull Emma gained extensive restructuring experience working with a wide range of firms across the retail, oil and gas and real estate sectors on both consensual and non-co

Chad Griffin, restructuring specialist at FRP Advisory, discusses how the current downturn in the North Sea is likely to see a far deeper level of oil and gas restructurings and a higher level of insolvencies than in 2015, the last comparable period when there was a much stronger base position than