Mary Currie-Smith has joined the firm as a director from Peters Elworthy & Moore and will head up the new office.
Ms Currie-Smith has been working as an insolvency practitioner for over 25 years and has been based in Cambridge for the last 20 years.
John Kelly, regional managing partner of Begbies Traynor, said: “This is a very significant move for the firm because of the challenges facing the local economy in the recession.
“Our firm, which always seeks to find imaginative solutions to aid a business’s survival, is delighted Mary, who is well known and respected for her direct approach to financially stressed businesses, is joining our team and developing our presence in the East of England.
Mary Currie-Smith said: “I have advised company directors and shareholders throughout my career, dealing with solvent, rescue and insolvent scenarios.
“It is so important to seek advice early, and that is why my initial free consultation can be so useful to the stakeholders and their professional advisors.
“At that first meeting we will discuss the options available and then we can consider the implications of each possible course of action.
“If necessary I can also draw upon the expertise of my colleagues who specialise in business and personal tax, and corporate finance.
“If you think it could be useful to talk through your situation with an impartial and experienced adviser, please don’t hesitate to get in touch. Our initial discussions will of course be confidential. ”
Mary, who is a licensed Insolvency Practitioner, has been advising the stakeholders of owner managed businesses for over 25 years. Mary started at Stoy Hayward, London in 1983 before moving to KPMG in Cambridge. She then spent 12 years at a local independent firm . On 1 May 2009 Mary launched the firm's new Cambridge office.
As well as dealing with all types of rescue and recovery procedures, Mary also specialises in members' voluntary liquidations and S.110 reconstructions.