Paul Davis joins Buchler Phillips as a Partner

As it prepares for a spike in demand for restructuring services, Buchler Phillips has appointed Paul Davis as a Partner. Deputy Vice President of the Insolvency Practitioners Association, Davis brings three decades of experience to the firm.

With a professional heritage dating back to the 1930s, Buchler Phillips is the UK’s oldest independent corporate recovery and restructuring firm. The firm works across all sectors, but has particularly strong credentials in real estate; insurance and reinsurance; sports, leisure and entertainment; transport and logistics; manufacturing and media. Its activities fall largely in financial restructuring, including fraud and forensic investigations; operational restructuring and turnaround; and recovery solutions for corporates and individuals.

As the firm prepares for heightened demand for its services, it has appointed Paul Davis as a Partner. A leading figure in the insolvency industry, Davis is currently Deputy Vice President of the Insolvency Practitioners Association, having spent the best part of three decades working with corporate turnaround consultancies. Focusing on both corporate and personal insolvency work, he has undertaken many solvent liquidations, including financial and monitoring, pre-lending and solvency reviews in a wide range of businesses.

Davis arrives from MHA MacIntyre Hudson, where he was a Partner for more than 11 years, while earlier career, he was a Partner in both corporate recovery group Begbies Traynor and professional services firm Levy Gee. As a licensed Insolvency Practitioner, his specialist sectors include construction, property, manufacturing and engineering, in addition to extensive experience in retail, leisure, hospitality and health, while he is also a Chartered Accountant.

David Buchler, Chair of Buchler Phillips, commented, “This is an important appointment for Buchler Phillips, strengthening our expertise in key industry sectors and offering our clients access to one of the profession’s leading practitioners… We look forward to working with Paul as we deploy the many tools at our disposal to support our clients in these difficult times.”

The present economic environment amid the enduring pandemic is unsurprisingly prompting significant demand for restructuring and turnaround services, along with administrations and insolvency work. At the start of November, the Office for National Statistics said that 64% of businesses across all industries were at risk of insolvency last month, with 43% of companies running on less than six months’ cash reserves. The ONS subsequently warned that the UK could suffer “a flood” of bankruptcies over the coming months.