Markets and Services Lead, Business Restructuring Services, PwC United Kingdom
David is a partner in the London Restructuring Team where he helps to support blue chip businesses, financiers and government clients to act rapidly and preserve value in financially stressed scenarios.
David has primarily focused on advising, leading and delivering UK and International restructuring, contingency planning and insolvency assignments for distressed situations. The days of focusing on a narrow range of stakeholders are over and his experience reflects this having supported Boards of Directors, the UK Government, Clearing Banks and High Yield Bondholders. It is not what you do that makes a difference but how you do it and David and the rest of our restructuring team believe in treating all people with respect and dignity and ensuring meaningful engagement across the widest range of parties.
His roles helping organisations to restructure and recover have been varied. While the majority of cases have been successfully restructured away from the spotlight that gets cast on formal insolvency cases, there are also instances where insolvency was chosen by the directors as the tool to deliver the restructuring outcome.
The pandemic may ease in the months to come, but businesses will continue to face significant challenges in the coming months. The future of UK business will depend on careful planning, the right support and creative foresight. Through PwC’s culture, multidisciplinary expertise, creativity and experience, our team is uniquely placed to take on these new challenges and play our part in building back a thriving business community for the long-term.