Buchler Phillips, the UK’s oldest independent corporate recovery and restructuring firm, has promoted Larry Jobsz to Managing Partner. In addition to leading significant assignments for clients, Larry assumes day-to-day responsibility for running Buchler Phillips, while working closely with chairman David Buchler and the firm’s partners to direct its growth strategy.
Since joining Buchler Phillips in 1994, Larry has been particularly successful in working with troubled companies to establish best-practice internal disciplines in the areas of compliance and crisis management. In 1996 he built a department within the firm that not only operated as an internal auditor and effective safety net for clients, but as a means to progress logjams of insolvent estates to closure.
Larry has also developed an expertise in the insurance industry over the last 30 years. Unhindered by recurring audit, tax or conflicting Lloyds of London work, he has led the Buchler Phillips team in a number of high profile assignments with reinsurance companies in the London market.
Larry commenced his accountancy career at Deloitte in 1989, where he spent eight years working on several insolvency projects in the Airline Industry. These included the Liquidation of Laker Airways, where he was responsible for compiling the statutory closure for the Laker Airways Group of companies, part of which was governed by Jersey Law.
Beyond Buchler Phillips, Larry is an Associate Member of R3, the trade association for corporate rescue, recovery and restructuring. He is a keen cricketer in his spare time, having represented Sri Lanka in the over-50s World Cup One Day International.
Congratulating Larry on his promotion, David Buchler, co-founder and Chairman of Buchler Phillips, said:
“Larry has been a huge part of our firm’s history and now has a pivotal role in guiding its future. He is a superb practitioner, a valued Partner and a great manager, so I’m delighted to be able to hand him the reins of day-to-day control. This promotion will help Buchler Phillips to manage its expansion amid significant demand at present for our services in restructuring, turnaround, administrations and insolvency, working with both corporates and individuals.”