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Why nothing is impossible in BTG Global Network

Corporate Finance

| June 22nd 2011

More News by Mark Fry

 When we received a request late last week from BTG GN member Zoltan Tenk at Noerr & Partner in Budapest for help in finding a lawyer to advise a Hungarian client about issues in Yemen, even my internationalist eyebrows were raised.

Over the years we have completed many Mission Impossible tasks, most recently finding a choice of two law firms with insolvency expertise in Togo in West Africa for Otto Lobo at Motta, Fernandes Rocha in Brazil.

On a previous occasion we managed to find an ex-patriate Australian lawyer to serve legal documents on a fleeing UK consumer bankrupt, who we had tracked down to the South Pacific island chain of Vanuatu. This was all done within twenty hours with a great deal of help from the Sydney and Brisbane offices of our good friends at PPB in Australia.

But sadly there are many issues currently in Yemen and this did look like something where we would struggle to succeed.

We hadn’t allowed for the extraordinary reach of the BTG GN family. I asked for help from my colleague, Simon Fordham of BTG Global Risk Partners here in London. He couldn’t think of a suitable lawyer in Yemen, but the conversation was overheard by one of his colleagues, who by chance had met a corporate intelligence specialist from Dubai that morning.

A quick email to this contact was passed on to his business partner in Dubai and within two hours we had the name of a well-respected law firm in Sana’a in Yemen. This has now been passed on to Zoltan in Budapest and we hope that his client can now get the advice he needs. Solving the actual problem may be much more difficult, of course, but at least he can make a start.

So the message is clear: the worldwide reach of the BTG Global Network has very few limits. If you need help anywhere, please ask us and we will see what we can do.

It makes me think of a quotation I remember from many years ago: “the impossible we do today, miracles can take a little longer”.


About the author

Mark Fry

Partner

Meet our Team of Experts

Mark is an experienced insolvency practitioner, with over twenty years experience. Originally a founding partner in Taylor Gotham & Fry, a specialist boutique practice in the corporate recovery sector, he later sold this practice in 2005 to Begbies Traynor. Mark is now the Regional Managing Partner for the company, responsible for London and the South East. During his time at Begbies Traynor he has developed a separate but integrated restructuring and banking practice; this part of the business has worked in both debtor and creditor led turnaround situations. He also holds several directorships of trading companies outside the financial sector, which assists his awareness and understanding of the issues found by business managers and owners. 

Mark is a Counsel Member of the Insolvency Practioners Association and a member of their Membership and Authorisation Committee, as well as the Education and Training Committee.  He has also served as a member of the General Technical Committee for R3, the Association of Business Recovery Professionals.

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