Freddy Khalastchi - FCA, FABRP

Partner

Freddy Khalastchi - Menzies Accountant

About

I qualified as a Chartered Accountant with one of the big four accountancy firms in 1990, before working as an audit manager at a firm that specialised in property.

I turned my focus to business recovery, and in 1995 qualified as an Insolvency Practitioner. I joined Menzies in 2015 as part of the merger with Harris Lipman.

I have a detailed knowledge of dealing with the full spectrum of both corporate and personal insolvency appointments, including trading administrations, voluntary arrangements, liquidations, bankruptcy, Law of Property Act (LPA), fixed charge and other receiverships.

I am a firm believer that, where possible, insolvency should be the last option and work with my clients and contacts to evaluate all other avenues to resolve disputes without a formal insolvency procedure. Although I have always undertaken this type of work, the Covid-19 pandemic has accelerated the need for such an approach to business advisory and ensures that financially distressed businesses survive for the benefit of all stakeholders.

I have built up extensive experience across a variety of sectors including, but not limited to, property, retail and international. I also focus on the more complex insolvency assignments which require an element of forensic and cross-border investigations.

I am a member of The Insolvency Practitioner’s Association (IPA), the Institute of Chartered Accountants in England & Wales (ICAEW) and the Association of Business Recovery Professionals (R3).

Email: fkhalastchi@menzies.co.uk

Personal

My first  job
Selling end of line stock in the East End of London. The strangest item I had to demonstrate and sell, was a fully-functioning Manneken-Pis (a landmark sculpture found in Brussels).

Most embarrassing work experience
Having to ask members of the British Royal family to pay for their shoes, before being able to return their shoe moulds to them!