In order to coincide with their 30 Years Anniversary and having conducted an anonymous survey of the membership, the current BGIA (British Golf Industry Association) Executive Board and Chair Nigel Freemantle decided that the BGIA needed to re-access their member benefits in order to offer a more wide ranging service to their members.
With this in mind they approached Steve Allinson who is a Consultant Solicitor and Licensed Insolvency Practitioner at Shoosmiths LLP to ask him to offer his expertise in these areas on behalf of members should they ever become involved as a creditor in an insolvency dispute and need proxy management on insolvency matters.
Steve who recently conducted an informative seminar for BGIA members entitled ‘Corporate Insolvency for Creditors: The End or is it?’ agreed and suggested that the member benefit should also include creditor meeting attendance (organised by Shoosmiths). Steve said: “Additionally we can include the completion and lodging of proxy and insolvency papers and monitoring of the progress of any insolvency in which your member is a creditor, free of charge. Payment will only be made (at an agreed percentage) if any actual dividend is received in the insolvency. If no dividend is received then no payment will be required for this service.”
Steve is an experienced Insolvency Practitioner he has specialised in credit, debt and insolvency work since 1987, he has extensive experience in dealing with the full range of these procedures. Part of Steve’s role at Shoosmiths is to manage the proxy and creditor meeting relationships. He has a number of Insolvency Practitioners that he works with in this regard on different projects and they are based up and down the country (and in Scotland). Furthermore, Steve has put forward a second proposal which we also believe will be of benefit to members if they have an unpaid judgment that needs enforcing.
In simple terms, the two fold proposal that the BGIA are offering members is as follows:
Part 1 – A Free Insolvency Management Service
Part 2 – Transfer Up of an unsatisfied County Court Judgment to the High Court for enforcement.
BGIA Chair, Nigel Freemantle said, “Both these proposals add value to the BGIA membership as they take the pressure off a company when they have difficulties with bad debts. The benefit will enable them to move forward on more productive matters and leave the management of the case entirely in Steve’s capable hands.”
If any BGIA members would like to take advantage of this benefit, please contact Association Manager Ciara Morgan – Ciara@sportsandplay.com in the first instance who will pass on Steve’s contact details. In addition, if any member has any general query on these areas this can also be passed on to Steve if required.
The BGIA are committed to representing their members by promoting participation and excellence across all areas of the sport of golf.
British Golf Industry Association (BGIA) is the lead trade body representing UK manufacturers, wholesalers and distributors of golf products and services www.bgia.org.uk