The Association for Business Restructuring & Turnaround launches this week with the goal of accrediting specialists in company turnaround and setting professional standards.
ABRT founder Eddie Griffith said the body would aim to address problems identified by the parliamentary insolvency inquiry and had sprung out of conversations between like-minded specialists.
“We came up with the idea that we could set up an association that isn’t like anything else out there,” he said. “A new profession for pre-insolvency advisers or advisers likely to deal with distressed businesses.
“We will write a set of very easy-to-follow practice statements and bring credibility to this ‘pre-insolvency’ term.
“Our association will…
