Vinden ramps up distress advisory for construction and property sector
Peter Vinden has joined Leonard Curtis to bring 30 years’ construction dispute resolution expertise to the firm’s restructuring and turnaround division, significantly ramping up the company’s capabilities around distress advisory in the contractor and sub-contractor space.
Vinden, who recently became a non-exec director at Decipher a DeSimone company, the Manchester-based claims consultant, has now formalised a long-standing working relationship with Leonard Curtis to create a formidable team of experts tackling problems in construction and property businesses.
A qualified chartered quantity surveyor, arbitrator, adjudicator and mediator, Peter set up The Vinden Partnership (TVP) in 1994 to advise clients involved in the holding and development of land and property asset and dispute resolution.
Under Peter’s guidance, TVP offered effective solutions to construction-related problems – including a full range of quantity surveying, project management, building surveying, CDM coordination, party wall, dispute management services, and property insurance.
He will join the specialist property and construction team at Leonard Curtis, led by experienced directors and insolvency practitioners Andrew Knowles, Phil Deyes, Nick Myers and Alex Cadwallader.
Peter said: “Lack of resolution of commercial disputes piles further pressure on vulnerable businesses in the contractor supply chain and has often pushed them into financial distress. The plan at Leonard Curtis is to provide effective early interventions for these businesses with dispute resolution, restructuring and funding advice at just the right time. I am delighted to be joining a great business that I have worked with for more 25 years.”
Leonard Curtis helps main and sub-contractors to manage cash and restructure their lending, works with commercial landlords and tenants around restructuring and asset security; helps funders on asset recovery and enforcement as well as property owners with re-negotiations of their existing funding arrangements and re-financed lending and improved trading performance.
CEO Dan Booth commented: “Peter is already bringing live construction cases to us based on his enviable reputation in this sector and is committed to collaborative working for best results. His no-nonsense, straight-talking approach aligns perfectly with our own.
“We share the same concern for spotting the warning signs early while options for dispute resolution and recovery still exist in a sector plagued with setbacks in recent times. His insight will prove invaluable in what we’re trying to achieve for our clients and position us as the go-to experts in this market.”
