Independent financial advisory firm Interpath has announced that Edinburgh-based James Dewar, and Joyce Thomson, who is based in Glasgow but holds a UK-wide role, have successfully obtained their Insolvency Permits. They join Head of Scotland Alistair McAlinden and Managing Director Geoff Jacobs as Interpath’s Scottish corporate Insolvency Practitioners (IP).
James leads Interpath’s Edinburgh team and has operated in the Scottish corporate restructuring market for more than 20 years. He has played a senior role on several high-profile cases over recent years, including the pre-pack administration of retailer Wilkies, the administration of the East Kilbride Shopping Centre, and the administration of OdysCap Edinburgh. James also heads up Interpath’s pensions advisory practice in Scotland supporting corporate sponsors and trustees of defined benefit schemes.
In addition to accepting new corporate insolvency appointments, James, alongside Alistair and Geoff, will take over the legacy Scottish corporate insolvency appointments of Blair Nimmo, who stepped down as Interpath’s Chief Executive back in April 2024.
Glasgow-based Joyce Thomson is also a Director at Interpath and has 15 years’ experience in the market specialising in Members’ Voluntary Liquidations and corporate simplification processes. Her national role will see Joyce accept solvent liquidation appointments across the UK.
In Scotland, Interpath’s market leading practice has offices in Glasgow, Edinburgh, and Aberdeen with more than 70 staff, including Managing Directors Alistair McAlinden, Alan Flower and Geoff Jacobs. The announcement comes as the firm continues its expansion into new overseas markets, including mainland Europe following the launch of its office in Paris, France, in June 2024.
James Dewar, Restructuring Director at Interpath, said: “It is a privilege to step up as an appointment taker for Interpath in Scotland, alongside Alistair and Geoff. As the economic landscape continues to evolve, my focus remains on supporting our business community navigate the challenges and opportunities that lie ahead. Many of the headwinds facing leadership teams are unlikely to disappear soon. In the coming months, we expect demand to remain strong for restructuring and turnaround support in pockets right across the economy, such as retail, construction, and logistics, as well as the nationally significant food and drink and Real Estate sectors.”
Joyce Thomson, Director at Interpath, said: “The UK insolvency framework is mature and has evolved to encompass a broad range of highly effective tools to ensure sound governance of corporate structures and the orderly winding up of companies. I’m thrilled to become a licence holder and bring my experience in MVLs and corporate simplification to support our clients and the continued expansion of our restructuring practice in the UK and Scotland here at Interpath.”
Alistair McAlinden, Managing Director and Head of Scotland at Interpath, said: “James and Joyce are first rate professionals, with a wealth of experience and have played important roles in some of our most high profile and complex engagements. They’ve established their positions as two of the market’s top operators and so it is a pleasure to work alongside them as we continue to grow the Interpath offering in Scotland. Their appointment as IPs is a great example of our commitment to investing in our people and supporting the development of the industry’s leading professionals now and for the future.”
