Insights and reports

Breakfast Briefing: Demystifying Insolvency with Adrian Cudby – IFT Specialist Member

Written by Charlotte Hales on July 19, 2023

In this session, Adrian will demystify the different insolvency processes available to businesses, banks and insolvency professionals. He will also examine HMRC’s role as a preferential creditor.

Adrian is a specialist in restructuring, risk and commercial lending and runs the financial and business training company That Was The River. He is the author of Commercial Lending: Principles and Practice and is a Specialist Associate of the IFT.

Turnaround, the economy and people

https://www.the-ift.com/wp-content/uploads/2024/05/The-IFT-jobs-saved.svg

56K Jobs

Members of The IFT saved an estimated 56,000 jobs in 2023-24.

https://www.the-ift.com/wp-content/uploads/2024/05/The-IFT-shares-up.svg

£3.1 Billion

IFT members helped add £3.1 billion in shareholder value in 2023-24.

https://www.the-ift.com/wp-content/uploads/2024/12/Business-icon-updated.png

80% busier/as busy

Over 80% of IFT members reported being busier or as busy 2023-24 compared to the previous year.

https://www.the-ift.com/wp-content/uploads/2024/05/The-IFT-help.svg

62%

Over 60% of stressed companies don’t know they are in trouble until it is too late.

Similar Articles

The IFT Review of 2024

The IFT Review of 2024

You can find The IFT’s Review of 2024 here. This includes a summary of our events, research and other projects...

Swift – Awards Edition 2024

Swift – Awards Edition 2024

Our Awards edition of Swift for 2024 can be found here. This includes interviews with and insights from this year’s...

2023-24 Societal Impact Report: Planning for a brighter future

2023-24 Societal Impact Report: Planning for a brighter future

Today The IFT has released its fifth Societal Impact report, surveying its members and highlighting that UK corporate distress shows...

The IFT Quarterly Update Q3 2024: increasing restructuring and turnaround activity as businesses face ongoing pressures and uncertainty

The IFT Quarterly Update Q3 2024: increasing restructuring and turnaround activity as businesses face ongoing pressures and uncertainty

Our Q3 2024 snapshot marks the fourth quarterly update from The IFT – covering a full year – and so...