Prior to appointment, the Joint Administrators ran an accelerated marketing campaign, successfully and quickly making a going concern sale to a firm with industry expertise and common stakeholders.
Just a week after being placed into administration, our London team sold the assets and trade of Marston & Langinger to a new management team.
Appointed Joint Administrators we immediately secured a sale of the business and assets to a consortium of local businessmen.
2nd Thoughts Ltd, trading as Ellie Louise and Happit, was sold by our Leeds team after this long established chain fell victim to the retail sector downturn.
The first administration of its kind in the Channel Islands.
Gemma Group (Whiteley Electronics and Gemma Electronics) successfully sold by our Nottingham and Southampton teams.
Wolfteam Limited, the North East based owner of the Le Frog outlets, was placed into administration.
Operators of Planet Hollywood at the Trocadero in London went into administration on expiry of the lease and negotiations with the landlord failed.
SRM Holdings, a Leeds based property group and 36 of its subsidiaries which included Morris Properties, had debts totalling more than £50m owed mostly to a number of high street banks.
Fox Hayes LLP, a Leeds based property conveyancing practice, sold its traditional commercial and private client business employing around 40 staff to another practice.