New Director for MCR with focus on hotel and leisure sectors

New Director for MCR with focus on hotel and leisure sectors

Conrad Bigham has joined MCR, the corporate restructuring and insolvency specialists as director with a brief to develop the company's hotel and leisure related business.

Prior to joining MCR he worked in a wide variety of roles, including turnaround specialist, non-executive director, interim finance director, hotel real estate agent and, more recently, as a hotel investment and debt advisory consultant. In this capacity Conrad has not only acted for hotel owners in arranging bank debt finance but also undertaken reviews of distressed hotels on behalf of lenders.

Andrew Stoneman, Senior Partner, MCR, stated: "Conrad has a hands-on approach to management and we are keen to see him develop what is already a team of high performing individuals. We are very pleased to have him join MCR at a time when we are experiencing steady growth across our business. Conrad will be helping to drive our existing business within the hotels and leisure sectors and with his talent and skill, we anticipate great success."

Having been Called to the Bar, Conrad spent twenty years working in corporate banking, initially for Barclays and subsequently for the Royal Bank of Scotland, where he headed the London based hotel and leisure team. He also had two periods in the pub industry as interim finance director at both Inn Kent Leisure Ltd and Geronimo Inns Ltd, where he was also a non-executive director.

During the last ten years, Conrad has performed senior roles at two of the largest global real estate services firms and has undertaken hotel related assignments across Europe.

Conrad is a non-practising barrister, an Associate of Chartered Institute of Bankers and an Associate of the British Association of Hospitality Accountants.

About MCR
MCR was formed in April 2001 to offer turnaround, restructuring and insolvency services of outstanding quality to banks, lenders, business owners and individuals in the mid-market sector. It aims to provide the most practicable ways to resolve issues affecting business performance.

The firm has 12 partners who practice an ethos of high-level involvement to ensure that each assignment capitalises upon the expertise and knowledge of the whole team.

MCR regularly handles significant projects across a range of sectors and has been involved in a number of high profile cases. MCR is increasingly being asked to restructure businesses and find turnaround solutions to help companies avoid formal insolvency. Sectors include property, retail, financial services, manufacturing, printing, recruitment, hotels, leisure, automotive, telecommunications, music, entertainment and construction.

For more information, www.mcr.uk.com

For further information, please contact:
Richard Merrin
Spreckley Partners Limited

T: 0207 388 9988
E: merrin@spreckley.co.uk