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VIEW ALLMike SolomonsVernon has excellent technical knowledge with the ability to remain commercial, which we greatly rely on. We consider that this is essential for an Insolvency solicitor but not always that common. The team are also very responsive despite other work commitments...
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A highly experienced specialist in business transformation, Vernon Dennis is Head of the Business Recovery and Reconstruction group.
Vernon has over 25 years’ experience designing and implementing financial recovery and restructuring plans for business clients.
Leading our specialist group of experts he utilises the full resources available from within the firm, whether tax, employment, banking or real estate to provide pragmatic and commercially driven solutions for clients. And where applicable, he works in collaboration with leading industry experts.
Known for his technical expertise, but for making the complex, simple, Vernon advises insolvency practitioners, creditors, and debtors on a wide range of corporate recovery, reconstruction, and business rescue issues, both domestically and cross-border. He specialises in strategic and advisory support for company boards when planning programmes of business turnaround, restructuring, or transformation.
He has extensive experience in retail and restaurant distress, property portfolio restructuring, and cases known for their technical complexity.
Vernon is a Fellow of R3 (The Association of Business Recovery Professionals). A regular lecturer and commentator on insolvency, he is author of The New Law of Insolvency (2003), Insolvency Law Handbook (1st Ed 2005; 2nd Ed 2007 and 3rd Ed 2013), Administration (2010), Liquidation (2011), and Bankruptcy (2012). These have all been published by The Law Society.
Vernon's expertise is of universal application in any business sector but following economic and structural industry change, recent work has seen a real focus in the last 12 months in the retail and leisure sectors. Examples include:
- Acting for the administrators of HMV and other high-street retailers and stakeholders' representation in the insolvencies of two very well know department stores.
- Previously acting in the restructuring and rescue of designer brand led businesses, including those of several household names.
- Restaurant work which has recently included representation for Jamie Oliver Restaurant Group and Modern Pantry.
- Tactical use of court receivership in the UK's longest running divorce and child maintenance case, which has required his technical expertise.
Vernon was a Nominee for Best Training Principal in LawCareers.Net 2019
Vernon is a diehard indie, festival going, vinyl revivalist.
