Mr Ormsby, previously a senior associate with the firm, practices in corporate and personal insolvency law and all related litigation.

His work includes assisting companies and their officers with solvency issues and he acts for a variety of stakeholders on formal insolvency processes including examinership, compulsory and voluntary liquidation, receivership and bankruptcy.

Mr Ormsby also acts for secured creditors, unsecured creditors of companies in financial distress and insolvency practitioners. He has acted for various financial institutions on high value recoveries and on the defence of a wide range of proceedings issued by debtors.

Commenting on the appointment, Maurice Phelan, head of dispute resolution, said: “David’s appointment as partner has been universally well received by both clients and colleagues alike.

“His easy-going manner belies a steely determination to achieve the best possible commercial outcome for his clients and he is renowned for his ability to deliver measured and practical advice in high-pressure situations.”

Mr Ormsby added: “The dispute resolution team works hard to deliver pragmatic and commercial advice to our clients, and I’m delighted to join the partnership and further build on the team’s excellent reputation.”