People & Business: How to wind up a lawyer

LAWYERS ARE eunuchs, according to John Verrill, the vice president of the Insolvency Lawyers Association.

Let me explain. Most liquidators and receivers in this country tend to be accountants, but around 180 of those licensed to be "insolvency practitioners" are lawyers.

Few of the lawyers actually go out and wind companies up, since accountants are keen to keep this privilege to themselves, says Mr Verrill, who is also senior insolvency partner at Lawrence Graham, a City-based law firm.

Being qualified to liquidate companies and yet not doing so places lawyers in the same position as eunuchs, says Mr Verrill. "We know how to do it, we see it done every day, yet we don't do it ourselves."

I'll never look at lawyers in quite the same way again.

FACTORIES MAY be closing around the country as recession bites, but yesterday a Ford subsidiary opened a new pounds 40m factory in Enfield, north London, safeguarding around 1,000 jobs. And its being run by a woman.

The onward march of female equality was a key theme at the opening ceremony, as Enfield's plant manager, Oj Alvarado, was joined by Barbara Roche MP, Parliamentary Under Secretary of State for Trade and Industry; Joan Ryan, MP for Enfield North; and Pauline Green, MEP for London North.

Visteon, the wholly-owned Ford subsidiary that runs the plant, has been making components at Enfield since 1963.

Mrs Alvarado is the daughter of a migrant agricultural worker from Texas. She was the first of her family to go on to higher education, gained a degree in engineering, and joined Visteon in 1977 as a graduate trainee. She sounds like a tough cookie.

Perhaps she should have a word with Eddie George, Governor of the Bank of England, about interest rates.

TO THE Teatro, a trendy private club in Shaftesbury Avenue owned by Leslie Men Behaving Badly Ash and her retired footballer husband, Lee Chapman, to celebrate the publication of The London Fashion Book by Andrew Tucker.

The party, laid on by publisher Thames & Hudson and co-sponsored by Moet et Chandon, may have been celebrating London's place in the international fashion scene, but the crush in the dimly-lit bar was more reminiscent of the Black Hole of Calcutta.

When I arrived at the club at six-thirty on Tuesday evening two over- worked bar men were trying to slake the thirst of practically everyone even vaguely connected with the London fashion scene all in one go.

The final straw came when I was actually asked to pay for my own drinks; pounds 11 for two glasses of champers. Imagine!

Needless to say I stalked out, and calmed my outrage with a couple of pints of Guinness in the Coach and Horses, the famed Soho watering hole of the late Jeffrey Barnard, the satirist, handily sited next door.

I think I'll leave fashion to the experts in future.

DONALDSON, LUFKIN & Jenrette (DLJ), the Wall Street investment bank, has just agreed to be the principal sponsor of the Orchestra of the Age of Enlightenment, a band of players dedicated to playing 18th and 19th century music on original instruments.

Martin Smith, chairman of Investment banking at DLJ International, was a keen supporter of the orchestra when he led Pheonix Securities, the City corporate finance boutique. Pheonix was bought by DLJ last year and Mr Smith continued his support. This will bring pounds 200,000 for the orchestra from DLJ and other businesses over the next three years.

Start your day with The Independent, sign up for daily news emails
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Recruitment Genius: Compliance Manager

£40000 - £60000 per annum: Recruitment Genius: A Compliance Manager is require...

SThree: Talent Acquisition Consultant

£22500 - £27000 per annum + OTE £45K: SThree: Since our inception in 1986, STh...

Recruitment Genius: Experienced Financial Advisers and Paraplanners

Negotiable: Recruitment Genius: This extremely successful and well-established...

Guru Careers: FX Trader / Risk Manager

Competitive with monthly bonus: Guru Careers: We are seeking an experienced FX...

Day In a Page

How to stop an asteroid hitting Earth: Would people co-operate to face down a global peril?

How to stop an asteroid hitting Earth

Would people cooperate to face a global peril?
Just one day to find €1.6bn: Greece edges nearer euro exit

One day to find €1.6bn

Greece is edging inexorably towards an exit from the euro
New 'Iron Man' augmented reality technology could help surgeons and firefighters, say scientists

'Iron Man' augmented reality technology could become reality

Holographic projections would provide extra information on objects in a person's visual field in real time
Sugary drinks 'are killing 184,000 adults around the world every year'

Sugary drinks are killing 184,000 adults around the world every year

The drinks that should be eliminated from people's diets
Pride of Place: Historians map out untold LGBT histories of locations throughout UK

Historians map out untold LGBT histories

Public are being asked to help improve the map
Lionel, Patti, Burt and The Who rock Glasto

Lionel, Patti, Burt and The Who rock Glasto

This was the year of 24-carat Golden Oldies
Paris Fashion Week

Paris Fashion Week

Thom Browne's scarecrows offer a rare beacon in commercial offerings
A year of the caliphate:

Isis, a year of the caliphate

Who can defeat the so-called 'Islamic State' – and how?
Marks and Spencer: Can a new team of designers put the spark back into the high-street brand?

Marks and Spencer

Can a new team of designers put the spark back into the high-street brand?
'We haven't invaded France': Italy's Prime Minister 'reclaims' Europe's highest peak

'We haven't invaded France'

Italy's Prime Minister 'reclaims' Europe's highest peak
Isis in Kobani: Why we ignore the worst of the massacres

Why do we ignore the worst of the massacres?

The West’s determination not to offend its Sunni allies helps Isis and puts us all at risk, says Patrick Cockburn
7/7 bombings 10 years on: Four emergency workers who saved lives recall the shocking day that 52 people were killed

Remembering 7/7 ten years on

Four emergency workers recall their memories of that day – and reveal how it's affected them ever since
Humans: Are the scientists developing robots in danger of replicating the hit Channel 4 drama?

They’re here to help

We want robots to do our drudge work, and to look enough like us for comfort. But are the scientists developing artificial intelligence in danger of replicating the TV drama Humans?
Time to lay these myths about the Deep South to rest

Time to lay these myths about the Deep South to rest

'Heritage' is a loaded word in the Dixie, but the Charleston killings show how dangerous it is to cling to a deadly past, says Rupert Cornwell
What exactly does 'one' mean? Court of Appeal passes judgement on thorny mathematical issue

What exactly does 'one' mean?

Court of Appeal passes judgement on thorny mathematical issue