TRIP Group Mission Statement


Our members are turnaround professionals across Europe and beyond and we aim to: 

Provide a forum for turnaround professionals in which they can meet, develop cross-border support and contacts, cooperate and communicate in both formal insolvencies and informal restructurings.

Act as a link between INSOL Europe practitioner members and the European turnaround community, with a view to encouraging more turnaround professionals to share ideas and participate in our activities.

Be the leading forum for disseminating 'best practice', technical updates and shared experiences amongst turnaround professionals on formal insolvencies and informal restructurings.

Promote greater understanding and insight on key issues of relevance to turnaround professionals across Europe, including commercial practice, different approaches and optimized value

Monitor and provide a forum for discussion and know how on "Hot Topics" of relevance to the cross-border turnaround community.

Facilitate meetings and communication with the European Commission, regulators, national organisations on topics of importance to the turnaround community.

Create a real network for the European Turnaround Professionals, when they need each other's help, when they seek to cooperate on a case or when they need an answer to an issue.
Latest News

Northvolt files for bankruptcy in Sweden

On 12 March 2025 Northvolt released the news that, having exhausted all efforts to save the future of the company, Northvolt AB has filed for bankruptcy in Sweden after facing severe financial challenges.…

Quiz Clothing to close 23 stores as it calls in administrators

UK fashion store Quiz Clothing has fallen into administration this year, with professionals from Teneo handling the process. The news comes weeks after consultants from Interpath were tasked with advising…

European Restructuring: 2024 in review and outlook for 2025

In 2024, Europe experienced a significant restructuring landscape, though not the wave of insolvencies some had predicted. Analysts foresee a prolonged down-cycle without extreme fluctuations, partly…

Bpifrance has over $30m on the line in Ÿnsect collapse being its biggest backer

The insolvency of Ÿnsect, a French insect protein start-up, represents a major failure for both private investors and France's Deep Tech ambitions. Despite being hailed as a model for public-private…

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