Philip Holden has joined Asertis as General Counsel. He brings with him extensive experience in litigation management, advisory and insurance run off, and is a Fellow of the Association of Business Recovery Professionals.
Dr. Volker Knoop, formerly of FORIS AG, has launched CALVOR GmbH, a new litigation funding company in Germany. The new financier will initially focus on commercial and corporate law, D&O liability law and insolvency law. In the future, it may fund cases around antitrust, patent or tax law. CALVOR will operate independently in Germany, but belongs to the British litigation financier Asertis, from which its financing comes from.
Roger Dugan of Asertis addresses the recent allegations that the UK insolvency industry is rife with a culture of misconduct, arguing that if the UK insolvency sector is indeed akin to the “Wild West”, it’s clear that insolvency and restructuring practitioners are staunchly on the side of law and order.