The Solicitors Regulation Authority (SRA) has announced that it will fast-track “lower-risk” applications for alternative business structure (ABS) licences. The move follows recent criticism from some law firms that the authorisation process was taking too long (click here). The new fast-tracking process will particularly apply to legal disciplinary practices that are converting to an ABS… Learn more
Christina works in the Corporate Recovery, Insolvency and Restructuring team.
She is based in the London office and deals with all aspects of contentious and non-contentious corporate and personal insolvency, advising insolvency practitioners, accountants, banks, ABLs, and other commercial organisations. Christina qualified as a Licensed Insolvency Practitioner over 10 years ago.
She regularly lectures to client groups (R3 Annual Conference 2010) is the Chair of the R3 London Women’s Group, a member of the R3 Education Committee and was recently appointed a Fellow of R3. Christina has also developed (and now leads) our firm-wide sector focus group advising troubled professional practices, dealing with solvent mergers, LLP conversions and general partnership advisory work.
Christina is also an experienced litigator and acts for clients in a wide range of disputes including corporate, shareholder and partnership litigation, complex contractual disputes, fraud and professional negligence.
Christina works for a wide range of clients including AIB, Baker Tilly, Bank of Cyprus, Barclays Bank PLC, BASAF, Begbies Traynor, BDO, Deloitte, FRP, Grant Thornton, Harris Lipman, Hilco/Valco, KPMG, Leonard Curtis, MacIntyre Hudson, Moore Stephens, PKF, PWC, Resolve, RBSIF, RSM Tenon, Zolfo Cooper and Venture.
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In UCB Home Loans Corporation Ltd v Soni & Anor  EWCA Civ 62, the Court of Appeal has provided guidance in situations where individuals are unknowingly held out to be partners of a firm so that mortgage fraud can be committed. S was a solicitor operating as a sole practitioner in Kensington. However, he… Learn more
The Solicitors Regulation Authority (SRA) has revealed that 454 law firms have applied for alternative business structure (ABS) status since 3 January 2012, the date when the process began. These figures were released in mid-January 2013 and since then more ABS applications have been approved. A full list of ABSs licenced by the SRA are… Learn more
Research by Jomati Consultants has found that more than a quarter of the top-100 law firms were involved in a merger in 2012 – a record year for deals. In all, 26 deals were announced by top-100 firms during the past 12 months – a 24 per cent increase on 2011. Of the 15 domestic… Learn more
The Supreme Court has refused to extend legal advice privilege beyond members of the legal profession. In R (Prudential plc and another) v Special Commissioner of Income Tax and others, the Supreme Court held that it would not extend the scope of legal advice privilege to legal advice given by accountancy firm PricewaterhouseCoopers – thus… Learn more
Finance provider Syscap has suggested that a growing number of businesses are seeking funding to help pay their January tax bill. Syscap, which provides independent finance to professional practices, has said that it has received 410 requests from firms for loans to help meet their January tax bill – an increase of 58 per cent… Learn more
I have the pleasure of introducing Adrian Biles of AAC, who has just announced their plans to grow their legal services business, ACR Solicitors LLP, by merger over the forthcoming months. Adrian is actively looking for opportunities in this area. Professional services boutique focuses on growth of legal practice London, Bristol and Cardiff based professional… Learn more
Legal publisher Sweet & Maxwell’s annual survey of finance directors at the top 100 law firms has revealed that over the past couple of years more and more law firms are perceiving the Legal Services Act (LSA) to be a threat to their business. In the 2010 survey, not one finance director believed (or at… Learn more
The number of sole practitioners and traditional law firm partnerships in England and Wales are both on the decline – and have been for the past few years. According to new figures published by the Solicitors Regulation Authority, over the past three years the number of sole practitioner practices has fallen by 18 per cent… Learn more
November was a very busy month for ABS approvals and conversions: 1. North West insurance law firm Keoghs has announced that the Solicitors Regulatory Authority has cleared its alternative business structure application. The firm has received a cash injection from private equity house LDC, which has obtained a 22.5 per cent shareholding in the business;… Learn more