2024 Categories
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Advocate of the Year
This is an award that seeks to highlight a woman or ally who has sought to champion, in any capacity, the needs of women in their workplace or more widely within the industry. This award recognises the vital importance of advocacy in advancing diversity, equity and inclusion within the legal profession.
Asset and Invoice Finance Provider of the Year
This award is for organisations defined as asset and invoice finance firms or factoring firms by trade associations, such as the Finance & Leasing Association and Asset Based Finance Association, or fit the commonly held definitions of those corporate entities.
Asset Valuer/Auctioneer of the Year
Applications for this award are welcomed from organisations within the valuation/auctioneer marketplace which belong to relevant recognisable industry bodies such as the National Association of Valuers and Auctioneers. Individuals from within these firms should also apply.
Best Technology Provider
This award is open to all technology companies providing products and services to turnaround, restructuring and insolvency firms, law firms, turnaround funders, working capital providers and all other lenders/asset-based and invoice finance providers.
Best Use of Technology
Any type of organisation in the turnaround, restructuring and corporate or personal insolvency profession, or supporting the profession, which has either developed technology and systems in-house, and/or used technology or data products and services provided by a supplier, to enhance business operations and service.
Boutique Insolvency and Restructuring Firm of the Year
Companies and practices entering must be carrying out corporate insolvency, restructuring and turnaround work, with no more than three licensed, appointment-taking insolvency practitioners in the business/practice.
Corporate Rescue of the Year (Large)
Any firm specialising in any aspect of business rescue is encouraged to apply for this award. Bank restructuring teams can also enter. Alternatively, a bank restructuring team can submit a joint entry with any firm specialising in any aspect of business rescue.
Any of the above can enter this category if the business being rescued has a turnover of £21m or more per year.
Corporate Rescue of the Year - Legal Team
Law firms, in-house legal teams and legal practices that work with turnaround, corporate restructuring, and insolvency practitioners, to support the turnaround, restructuring and insolvency process, as well as the business rescue profession more generally.
Corporate Rescue of the Year (Medium)
Any firm specialising in any aspect of business rescue is encouraged to apply for this award. Bank restructuring teams can also enter. Alternatively, a bank restructuring team can submit a joint entry with any firm specialising in any aspect of business rescue.
Corporate Restructuring Firm of the Year - 4 to 10 licensed IPs
This award is open to UK corporate insolvency firms with 4 to 10 licensed appointment-taking insolvency practitioners.
Corporate Restructuring Firm of the Year – 11 + licensed IPs
This award is open to UK corporate insolvency firms with 11 or more licensed appointment-taking insolvency practitioners.
Corporate Restructuring IP of the Year
This award is for appointment-taking insolvency practitioners focusing on corporate restructuring and insolvency in national or regional private practices.
Corporate Restructuring Lawyer of the Year
This award is for lawyers specialising in insolvency who provide legal and/or advisory services in the corporate restructuring process.
Creditor Engagement Award
This award is open to any company with corporate turnaround, restructuring and insolvency as the main or significant part of its business services.
DE&I Champion of the Year
This award honours those who have made extraordinary contributions to promoting Diversity, Equity, and Inclusion (DE&I) within the turnaround, restructuring, and insolvency industry, regardless of their role. It acknowledges individuals who have brought about positive change through their visionary approach, unwavering dedication, and ability to motivate others.
Insolvency and Restructuring Chambers of the Year
This award is open to any chambers comprising commercial law barristers operating in the turnaround, restructuring and insolvency field.
Insolvency Law Firm of the Year (Up To Three Insolvency Partners)
This award is open to law firms that can demonstrate that either a significant part of their work is in the corporate recovery and insolvency fields or that have a dedicated department or team working in these areas.
Insolvency Law Firm of the Year (Over Three Insolvency Partners)
This award is open to law firms that can demonstrate that either a significant part of their work is in the corporate recovery and insolvency fields or that have a dedicated department or team working in these areas.
Insolvency Litigation Funder of the Year
This award is open to any company directly providing funding, or acting as an enabler for the provision of funding, for the purposes of insolvency litigation.
Insolvency Team of the Year
Applications can come from teams across the whole spectrum of the insolvency industry, but NOT those who supply services to the sector.
Mentor of the Year
This award highlights the critical significance of mentorship in promoting diversity, equity, and inclusion within the turnaround, restructuring, and insolvency field. The Mentor of the Year will be an individual who motivates others to reach their utmost potential, assisting them in overcoming obstacles that might hinder their progress compared to their peers.
Outstanding Returner of the Year
This is an award for women who have returned to work in the turnaround, restructuring and insolvency sector, whether it be from a sabbatical, for health reasons, maternity leave or indeed anything else, and have acted as a role model to other women. By doing so, the aim is to gather and compile best practices, which can serve as a valuable resource for future returners.
Personal Debt Solution Provider of the Year
This award is open to any organisation that provides personal debt solutions such as IVAs, debt management plans, bankruptcies, protected trust deeds and debt relief orders.
Property Valuation Provider of the Year
This award is open to any business that provides property valuation and disposal services for creditors, turnaround practitioners and insolvency practitioners.
Rising Star Award
This award is for those who are in the turnaround, restructuring or insolvency professions (including law firms) who spend the majority of their time working in either of these three fields. They will need to demonstrate exceptional performance and career development and must have less than five years’ industry service.
Special Award for Pro-Bono Service
This award is for turnaround practitioners, insolvency and corporate restructuring practitioners, insolvency and/or corporate restructuring lawyers. Barristers working in turnaround, restructuring and insolvency.
Officers, agents and managers providing pro-bono services may also enter, as well as other professionals who provide pro-bono services deemed by judges to be relevant to any part of the TRI profession.
The TRI Company Award for Diversity and Inclusion
This award is open to any company operating in the turnaround, restructuring and insolvency space including accountancy/professional services/business advisory firms; turnaround firms; insolvency practices; funders or lenders working with TRI professionals; insolvency law firms and chambers; trade bodies; litigation funders and all other service providers to turnaround, corporate restructuring and insolvency firms.
TRI Company Award for Sustainability
This award is for any UK business operating in the field of turnaround, restructuring and insolvency, personal insolvency, or the provision of personal debt solutions, plus service providers supporting these areas.
TRI Employer of the Year
This award is open to any UK business operating in the field of turnaround, restructuring and insolvency, personal insolvency, or the provision of personal debt solutions, plus service providers supporting these areas.
Turnaround Firm of the Year
This award is for firms whose main business activity is turnaround, or corporate advisory firms for whom turnaround is a significant part of their business practice. Distressed investors and turnaround funds can also enter. Examples can be submitted of both ongoing and completed turnaround cases.
Turnaround of the Year
This category is designed to reward outstanding work on a single business turnaround case study.
Turnaround Practitioner of the Year
This award is for individual turnaround professionals who may or may not have insolvency qualifications in private practice, but whose main focus of their practice is on business turnaround. Examples can be submitted of both ongoing and completed turnaround cases.
Woman of the Year
This awards acknowledges remarkable accomplishments achieved by a woman in the turnaround, restructuring, and insolvency sector. These achievements might stem from a specific project, campaign, case, or deal, or they could be a result of exceptional performance in a leadership position within a business.
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