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PwC UK has bolstered its restructuring practice with the appointment of Carla Matthews as head of Contentious Insolvency and Asset Recovery.
Matthews’ role includes working with colleagues across PwC’s Forensics and wider Deals practice. She has over 20 years experience investigating, litigating and recovering assets, and acts on behalf of stakeholders on a domestic and global footing.
Her expertise covers complex cross-border, multi-jurisdictional high stakes disputes where client assets are at risk of being sold off, require repatriation or need to be liquidated fairly.
At PwC, Matthews will be leading a team including senior managers Emma Fayers and Charlotte Vipond. The trio have a record of successfully pursuing claims where there has been suspected fraud, financial impropriety, breach of statutory provisions or there is a requirement to implement asset tracing and recovery measures.
Matthews said: “I’m delighted to join PwC and lead the Contentious Insolvency and Asset Recovery team. We will leave no stone unturned in ensuring the best possible outcomes for clients.
“Unauthorised, quickfire sales of assets belonging to companies and individuals are increasing. Figures based in multiple jurisdictions often shift assets to global offshore locations with the click of a computer button. From an asset recovery perspective I relish harnessing PwC’s global presence to provide a global solution to a global problem.”
Ed Macnamara, head of Restructuring, Refinancing and Insolvency at PwC, added: “Carla is a marquee addition to our market-leading team. Her expertise and network, regularly instructing solicitors and barristers domestically and in other jurisdictions, to assist in the pursuit and recovery of funds, will be highly valuable.
“Victims of corporate fraud, creditor activist groups, government departments and regulatory bodies regularly approach Carla for advice and assistance where there is a need for a considered, strategic approach to maximise recoveries and manage associated risk.”
