The Manchester-headquartered commercial law firm Glaisyers ETL has announced the appointment of Stuart Beatson as a partner specialising in insolvency and restructuring.
Mr Beatson, who joined Glaisyers ETL from Primas Law, has more than 17 years’ experience advising insolvency practitioners, directors, lenders and investors across the UK. His career has included stints at Napthens, Taylors Solicitors and Pannone.
His practice covers the full lifecycle of financial distress and enforcement, and he regularly advises administrators on all aspects of administrations. This includes acting on distressed business and asset sales across sectors ranging from manufacturing and logistics to retail, leisure and multi-site organisations.
As well as working with insolvency practitioners, Mr Beatson also advises directors and boards in relation to their duties when companies are facing financial difficulties. This includes advising on restructuring and refinancing options, and the acquisition of assets from insolvency practitioners.
He regularly acts in contentious insolvency matters, and has been recognised by the Legal 500.
Mr Beatson said, “Glaisyers ETL has a superb reputation among financial institutions and businesses alike, particularly in contentious matters and distressed situations. I look forward to building a practice that complements and augments these strengths, while guiding clients through what are always hugely challenging circumstances.”
Mr Beatson’s insolvency and restructuring practice sits alongside Glaisyers ETL’s Legal 500-listed commercial litigation team. His appointment follows the promotions earlier this year of real estate specialist Kathryn O’Rourke to partnership and litigator Sam Garrett to the position of associate, boosting the firm’s highly regarded and fast-growing Recoveries practice.
The firm has a particularly strong reputation among financial institutions and investors. It is on the panels of a number of a number of challenger banks, and also acts regularly for bridging, secondary and peer-to-peer lenders.
Commenting on Mr Beatson’s appointment, Russell Brown, managing partner of Glaisyers ETL, said, “Financial distress and insolvency are a sad fact of business but we are here both to help creditors secure their rights and, wherever possible, guide businesses toward the light at the end of the tunnel.
“Stuart’s practice is a valuable addition to our offering and I look forward to the contribution it will make both to our firm’s performance and the outcomes we achieve for our clients over the months and years ahead.”
