Deloitte administrators have charged more than £500,000 for their work on the pre-packaged sale of RSM Tenon, the listed accounting firm which collapsed last year and was sold to Baker Tilly.
A new accounting firm in Glasgow, established by a group of former RSM Tenon partners, has experienced rapid growth in the first three months of operation.
Baker Tilly has sold two of RSM Tenon’s insolvency practices to Quantuma Restructuring and three Scottish offices to FRP Advisory, following its acquisition of the
Creditors and shareholders in RSM Tenon, the collapsed accountancy group, will get nothing back while Lloyds is likely to lose up to £57m of the debt owed by Tenon.
A round-up of significant executive moves, announcements and other
A group of six former RSM Tenon partners have won a court battle in Scotland that will allow them to set up their own practice in Glasgow.
Wealth management group Ashcourt Rowan has been named as a potential suitor for the asset management businesses of troubled accounting firm RSM Tenon.
A round-up of significant executive moves, announcements and other developments from the world of practice during August 2013.