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£50m milestone on mis-sold rate swap claims

INQUESTA HITS £50M MILESTONE

The value of compensation claims being pursued by forensic accountancy firm Inquesta for businesses which were mis-sold interest rate swap products has reached £50m.

Manchester-based Inquesta has seen the number of consequential loss claims it is handling surge from 50 to 67 in the past four months.

The total value of Inquesta’s caseload has rocketed over the period from £12.3m to £50.5m, and the firm has recruited two members of staff and a consultant to meet the increased demand …

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Posted by: / Interest Rate Swaps / 0 comments

DUO’S ARRIVAL BOOSTS INQUESTA TEAM

Forensic accountants and insolvency practitioners Inquesta has strengthened its team with the arrival of John Rafferty and Adam Horley.

John, aged 49, has more than 20 years’ experience in forensic accounting, having previously worked at the Serious Fraud Office, PwC and BTG Global Risk Partners.

He joins Manchester-based Inquesta as a senior manager at a time when the practice is experiencing rapid growth in demand for its services, especially over consequential loss claims arising from mis-sold interest rate swap products.

Adam, aged 24, …

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Posted by: / Miscellaneous / 0 comments

STEVEN TAKES UP FIGHT AGAINST RULE CHANGE FOR INSOLVENCY CASES

Insolvency practitioner Steven Wiseglass is waging a campaign against government plans which it is claimed will let unscrupulous company directors off the hook and blow a huge hole in the public purse.

Mr Wiseglass, a director at Manchester-based Inquesta, has written to Justice Minister Shailesh Vara urging the government to abandon proposals for a new regime for insolvency litigation.

He has also written to north west MPs to garner support in his capacity as the regional representative on national trade body R3’s …

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Posted by: / Corporate Recovery & Insolvency / 0 comments

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