Richard Turton Award 2019
Richard Turton had a unique role in the formation and management of INSOL Europe, INSOL International, the Insolvency Practitioners Association and R3, the Association of Business Recovery Professionals in the UK. In recognition of his achievements these four organisations jointly created an award in his memory. The Richard Turton Award is an annual award providing an educational opportunity for a qualifying participant to attend the annual INSOL Europe Congress and have a technical paper published.
In recognition of those aspects, in which Richard had a special interest, the award for 2019 was open to applicants who fulfilled all of the following:
- +Are a national of a developing or emerging nation;
- +Work in or are actively studying insolvency & restructuring law & practice;
- +Be under 35 years of age at the date of the application;
- +Have sufficient command of spoken English to benefit from the conference technical programme.
Technical Electronic Newsletter
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Applicants for the award were invited to write a statement detailing why they should be chosen, and a brief synopsis of their proposed paper.
A panel representing the four associations adjudicated the applications. The panel members are as follows: Robert van Galen - INSOL Europe, Neil Cooper - INSOL International, Patricia Godfrey - R3 and Maurice Moses - IPA.
The committee received an outstanding number of applications for this year's award and it was a very close run decision. We are delighted that the award has attracted such enthusiasm and response from the younger members of the profession, and know that Richard would also be extremely pleased that there had been such interest.
The committee is delighted to announce that the winner of this year's award is Odwa Ngxingo from South Africa. Odwa is currently working at ASOC Management Company (Pty) Ltd. as a portfolio manager dealing with business rescue and distressed private equity funds, and is active in promotion of insolvency and business rescue awareness in South Africa.
He will be writing a paper on 'Attitudes towards investing capital in restructuring and turnaround situations, and the multiplier effects deriving therefrom', which will be published in summary in one or more of the Member Associations' journals and in full on their websites.
As part of the award, Odwa is invited to attend the INSOL Europe Congress on 26-29 September 2019 in Copenhagen, Denmark.
We would like to congratulate Odwa on his excellent application, and also thank all the candidates who applied for the award this year and wish them a successful career in their chosen field.
The details of the Turton Award and papers of the previous winners can be found below.
Richard Turton Award Winners
2018 winner - yutong zhang
2017 Winner - bingdao wang
2016 TURTON AWARD WINNER
2015 Turton Award Winner
2014 Turton Award Winner
2013 Turton Award Winner
2012 Turton Award Winner
2011 Turton Award Winner
2010 Turton Award Winner
- + Abuse of insolvency proceedings in Poland by a creditor to exert pressure on the debtor. Remedies for the entity declared bankrupt as a result of a malicious motion
2009 Turton Award Winner
2008 Turton Award Winner
2007 Turton Award Winner
2006 Turton Award Winner
2005 Turton Award Winner