Member Article

Pannone Corporate adds depth to debt recovery team with senior hire

North West law firm, Pannone Corporate, has bolstered its debt recovery team with the appointment of Barry Sharples as associate partner.

Barry joins from Fieldfisher where he restructured and led the firm’s debt recovery practice. He brings considerable experience to the role, having previously worked at a boutique commercial litigation law firm in Liverpool for 13 years. Barry was described by Legal 500 2021 as a lawyer who ‘fights hard for his clients and is not afraid to do so in even the most challenging cases.’

A specialist in bulk recovery work and outsourced debt recovery, Barry has acted for a wide variety of clients, such as large commercial landlords, high-profile insurers, financial services providers, service sector companies and insolvency practitioners.

Paul Jonson, senior partner at Pannone, said: “Barry has an excellent reputation in the market for his forward-thinking approach to debt recovery, gaining the trust and respect of household names – both on a retained and outsourced basis.

“Debt recovery is an area of the firm that we believe has significant growth potential and we’re delighted to welcome someone of Barry’s experience to help capitalise on the opportunities the next 12 months will undoubtedly bring.”

Barry will work alongside partner, Karl Williams, to help develop the Legal 500 Tier 1 team and its service offering, as well as building on the firm’s profile in key sectors, including financial and professional services.

He commented: “I’m delighted to join Pannone Corporate. I was immediately drawn to the firm’s excellent team mentality, which is ingrained into every aspect of the practice, as well as its clear commitment to investing in the future of the debt recovery team.

“The sector has changed enormously over the last 18 months and with that has come considerable opportunity to adapt and diversify to meet the growing needs of businesses across key sectors. Moving forwards, there remains a lot of uncertainty, particularly for companies that have continued to generate debt and have an inability to pay it back. The end of the moratorium on winding up petitions, which is due to come to an end later this month, will serve as a telling sign of which direction the economy will go. The market will be watching carefully to see if the Government imposes yet another extension before 30 June.”

This was posted in Bdaily's Members' News section by Emma McCallum .