Author
Neil Smyth
Neil Smyth is a partner at Mills & Reeve. He helps businesses and individual clients on all issues arising from financial distress, and advises clients on how to deal with their own financial distress; lenders, investors, private equity, venture capitalists and various other stakeholders on the financial distress of their borrower or investment; clients on the financial distress of counterparties and insolvency practitioners on insolvency process issues.
4 pieces
Newest first, since December 2024
· Comment
Not introducing a special administration regime for English higher education providers will be a missed opportunity
We now have a sense of the government’s intended approach to possible university insolvencies. Neil Smyth takes a look
· Comment
Unclear legal duties can leave university trustees exposed when things go wrong
As trustees from the University of Dundee appeared at last week’s Education Committee of the Scottish Parliament, Neil Smyth reflects on why trustees and management need to be up to speed on decisions made
· Comment
OfS insight on institutional closure lacks a firm statutory foundation
A new briefing from OfS offers learning from handling institutional closure. Matthew Howling, Neil Smyth, and Richard Sykes explain why even the best-intentioned insight can’t mitigate for a legal vacuum
With Matthew Howling and Richard Sykes
· Comment
Higher education in England needs a special administration regime
If a provider is facing financial distress and potential insolvency there is no legal framework to guide and protect trustees, lenders, or students. Neil Smyth calls for the creation of a special administration regime