Wayne Parker is a Partner and the Head of Gordons' business recovery and restructuring department.

Wayne is a regionally renowned insolvency and restructuring practitioner with over 25 years experience in the construction, manufacturing, retail, motor and travel industries. He engages in both contentious and non-contentious work. Both he and his team work closely with the firm’s Corporate, Banking and Finance, Commercial Property and Commercial Litigation departments, and he is actively involved in corporate restructuring, rescues, recoveries and administrations. Legal 500 comment that Wayne has a “no nonsense, practical approach.” Chambers and Partners also agree that Wayne “is well respected by clients in the Yorkshire insolvency market.”

Wayne regularly acts for lenders and corporates on refinancing, including negotiation with existing and proposed new lenders. His role also involves working closely with company directors and individuals. He advises administrators, liquidators, trustees in bankruptcy, receivers and creditors on supply chain issues. Wayne also provides support to the banking and finance team on corporate restructuring and re-financing, working closely with them in advising lenders in relation to insolvent or distressed corporate borrowers and property investment and development vehicles. This has proven to be invaluable in what has been a very difficult time for the banks.

Wayne is a regular speaker and chairman at R3 conferences and is involved in the Society of Turnaround Professionals. He also provides bespoke training to clients on a variety of insolvency,  business recovery and restructuring issues.

Recent instructions include advising:

• Administrators in relation to a matter before the Court of Appeal. In Twizell v Entrust 2009 EWCA CIV 1192, issues involving Landfill Tax as introduced by the Finance Act 1996 and the Insolvency Act 1986 were determined in favour of the administrators.
• Geoffrey Martin & Co as receivers of Northpoint Shopping Centre in Hull, with exposure to its lenders of £55 million.
• KPMG as administrators of Manor Mills LLP and related companies on a project involving a large portfolio of 300 residential apartments.
• KPMG as administrators of Edwin Woodhouse.
• The Bank of Ireland on numerous matters including loan facilities and involving high level advice on refinancing and exit strategy.
• Begbies Traynor as liquidators of the Yorkshire Clarion (Club House) Limited, with advice on the Members Voluntary Liquidation process, involving a substantial distribution of surplus assets to its members.
• Minotaur Asset Finance Limited on the refinancing or liquidation of various clubs registered under the Industrial and Provident Societies Act 1965.
• A selection of other clients include Wm Morrison Supermarkets Plc, PKF (UK) LLP, Deloitte LLP, Auker Rhodes, Glen Dimplex Home Appliances Limited, Clough & Co LLP, Armstrong Watson, O’Hara and Co and BDO Stoy Hayward.