An Insolvency Recovery Plan provides a structured template to pre-plan for an insolvency event. The plans act like a ‘lifeboat drill’ to ensure that the protection measures are adequate – and that everyone in the team knows how they work.
They can be prepared at any stage of a development project – it’s never too early or too late to instigate a recovery plan. They can be prepared prior to works commencing on site, during the course of the works – or even after an insolvency event has occurred.
Speaker – Richard Winson, Proptech
Richard is an experienced chartered surveyor, with a specialist knowledge of lending risk relating to construction companies and property developments. He has worked within a range of different industry sectors – including property development, residential construction, specialist sub-contracting, and global telecoms.
For the last 20 years Richard has specialised in construction corporate recovery & insolvency, property development lending risk, surety (performance bond) loss-adjusting, and business performance / security reviews.