Henderson & Jones has recently used an innovative assignment model to take control of a number of significant property assets for the benefit of bankruptcy estates. The property interests have now been secured and hundreds of thousands of pounds are due to be returned to the bankruptcy estates. See below for a brief explanation of how this was acheived.
Today's decision from the Paris Court of Appeal is a significant breakthrough for thousands of women who have suffered as a result of the PIP implants scandal, who have been fighting for justice for over a decade. This ruling against TUV Rheinland - the company which certified these defective implants - is an important step, but there is much more work to be done. In the UK alone, it is estimated that close to 50,000 women have suffered as a result of PIP implants. In the UK, Henderson & Jones is continuing to fight for compensation for the patients of Hospital Medical Group through High Court proceedings against the former directors of Hospital Medical Group, the Wilkes Partnership LLP and Barclays Bank, to recover monies that were deliberately put beyond the reach of thousands of PIP victims."
One of our challenges as a company that takes assignment of litigation is to demonstrate how we add value. In this article, our resident accountant, Gwilym Jones, analyses the numbers behind one of our recently concluded cases and explains how our approach to litigation can benefit all stakeholders.
Gwilym is co-founder of Henderson & Jones and an accountant with over 10 years’ experience in audit and restructuring. Gwilym sits on our investment committee and provides forensic accounting expertise on disputes.