Institute for Turnaround Annual Turnaround Awards & Gala Dinner, Troxy

01/12/2008

“Alium Partners hosted a table once again at this prestigious awards dinner where amongst others, William Morrison Group plc was awarded Listed Company Turnaround of the Year and Alan Leighton received a special commendation in recognition of his achievements at Asda, LastMinute.com and The Post Off

“Alium Partners hosted a table once again at this prestigious awards dinner where amongst others, William Morrison Group plc was awarded Listed Company Turnaround of the Year and Alan Leighton received a special commendation in recognition of his achievements at Asda, LastMinute.com and The Post Office. Nick Robeson, Lisa Gerhardt and John Bloor were joined by Julian Nicholls of Reliance Security Group Ltd, Lyndon Norley of Kikland & Ellis, Jeremy Boylan of PME Infrastructure Advisers Ltd, Peter Collini of Riverhill Partners Ltd, Jeremy Goldring of S J Berwin and Phillip Sykes of Moore Stephens.

Support these awards – held the first time in East London – has grown each year they have been held and they are now seen as a major event in the turnaround community’s calendar. Not surprisingly, given current market conditions, investors, bankers, advisers and interims working in the turnaround space expect to see a significant increase in activity over the coming months. The challenge for those tasked with delivering turnarounds of course is that they are going to be doing their work in recessionary conditions, so the landscape is actually vastly different from what they have had to contend with over the last 15 years or so and this extra dimension will be really testing for everyone.”




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