David Bridge specialises in personal insolvency and bankruptcy
Experience
17 years working for one of the Big 4, following several years working in mid market firms, with a background in insurance and pensions.
12 years working in the Restructuring and Recoveries section, primarily focusing on bankruptcy and other Court work appointments.
Notable client work and achievements
Bankruptcy where the bankrupt claimed to have transferred his assets to his wife in a divorce - investigations demonstrated that the divorce was a sham and third party funds were introduced to settle the costs and liabilities in full.
Trading Administration of a pay day lender based in Estonia - managed to successfully trade the company and agree a compensation scheme for mis-sold customers during a global pandemic
Recovery of funds from a number of bogus payroll companies which an undischarged bankrupt was using for his own personal gain. Successfully pierced the corporate veil and wound up the companies, resulting in the recovery of significant cash and high performance vehicles, settling the costs of the liquidations in full and generating surplus shareholder funds for the bankruptcy estate.
Particular specialism with local authority cases, often with challenging circumstances which require a sympathetic and commercial approach to achieve the best possible outcome for all parties.
Professional qualifications and memberships
CPI
JIEB (Personal)
Article
The JLR cyber attack: Motor industry supply chains and beyond
Businesses connected to the motor industry supply chain need to evaluate their exposure to both bad debt and supply chain interruptions in the wake of the JLR cyber-attack and the First Brands collapse.