Frp Advisory

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

Edinburgh Woollen Mill (EWM) is expected to appoint FRP Advisory as administrators next week as part of a restructuring, according to reports. The retailer, which moved its headquarters from the south of Scotland to north-west England nearly two years ago, aims to close 50 stores with the loss of 60

FRP Advisory has posted a 16% rise in annual revenue and maiden dividend of 0.66p a share despite the economic uncertainty of the coronavirus pandemic.  FRP is a spin-out of VANTIS, the former Aim-listed accountancy firm which went into administration in 2010.

Paul Allen and Chad Griffin, partners at FRP Advisory, have been appointed joint liquidators of Drake Estates Property Company Limited and Aston Darby Group Limited.  The companies, which had raised approximately £25 million from investors, own a substantial and prominent car pa

Creditors are on track to lose £1.2 million following the collapse of Glasgow-based legal firm Hamilton Burns. 

Business advisory firm FRP Advisory has appointed Chad Griffin as its new partner to be based in Scotland.   Mr Griffin joins FRP Advisory from FTI Consulting in London, an independent practice that he helped launch and grow for the last 15 years. 

Department store Debenhams has filed a notice to appoint administrators amid the current coronavirus pandemic. Debenhams has appointed Geoff Rowley and Alastair Massey of FRP Advisory to advise in relation to the possible administration.

A total of 559 jobs have been saved as Geoff Rowley, Iain Fraser, Tom MacLennan and Phil Reynolds, partners with specialist business advisory firm FRP Advisory and joint administrators of Arjowiggins Fine Papers Limited and Arjowiggins Chartham Limited, have sold the business and assets of both comp

London-based fintech startup, Glint, has gone into administration.