UK BTG partner invests in growth

PLUTA has been successfully cooperating with partners around the world as a member of BTG Global Advisory (BTG GA) – an international network of restructuring and insolvency experts – for many years. The whole network is now set to benefit from the network partner in the UK, the Begbies Traynor Group, having completed its largest acquisition in the insolvency arena to date. The takeover of law firm CVR Global will allow Begbies Traynor to expand in England. It will also further enhance its expertise and offering in the areas of corporate restructuring and consulting.

CVR operates from seven UK offices and has offshore offices in Gibraltar, Jersey, Cyprus and the British Virgin Islands. Its specialisms include restructuring and insolvency proceedings.

Restructuring expert Mr Ivo-Meinert Willrodt coordinates activities in the BTG GA network for PLUTA: He said, “Brexit has changed how German companies approach insolvency law issues in the United Kingdom. For example, the European Insolvency Regulation can no longer be applied there. It is very beneficial for us to now have additional expertise in this area in our network. Through our cooperation with BTG Global Advisory, PLUTA can offer advisory services across several countries.” The network currently consists of ten partners from the USA, Europe, Asia, Australia and South Africa.

BTG Global Advisory is a network of independent insolvency and restructuring companies. The group offers tailored solutions for companies in crisis situations. The network further expanded its international presence only recently with the addition of a partner in Russia, ftt partners.

About PLUTA
PLUTA helps companies in legally and economically difficult situations. Since the company was founded in 1982, PLUTA has constantly grown and today has a staff of approximately 500 employees in Germany, Spain and Italy. More than 290 business and management experts, attorneys, business lawyers, tax consultants, public auditors, certified accountants, economists, banking and bookkeeping experts, engineers and insolvency administration specialists, many with multiple qualifications, ensure practicable and economically sound solutions. In particular, PLUTA provides support in restructuring companies affected by a crisis or insolvency and in continuing business operations, if necessary by involving restructuring experts in a responsible role. PLUTA is one of the top enterprises specialising in restructuring and turning around companies, as demonstrated by rankings and awards from INDat, JUVE, The Legal 500, Who’s Who Legal, brandeins and Focus. Further information at www.pluta.net.