JAG Communications Ltd, the third largest mobile phone retailer in the UK, experienced a cash crisis after abort the purchase of a large number of extra retailoutlets.
Our London team were appointed Administrators to the UK operation of this US-based, respected market leader in back-office print solutions
Following a reorganisation to secure the successful trading company, the firm received further investment and was taken out of the ownership of its former parent company saving over 170 jobs.
Our appointment enabled the profitable elements of the business to be salvaged, resulting in five locations and 30 jobs being rescued.
Our team in Salisbury were able to secure the sale of a division of the business and are currently in talks with a number of potential purchasers for the remaining divisions.
This London-based large-scale printer was given a cash payment to move from its site by the London Development Agency (LDA), making way for London’s 2012 Olympic Park.
Our Guernsey and Jersey offices carried out the liquidation of Wallace Barnaby group companies in both jurisdictions.
Our local and international knowledge gave us a powerful position in negotiations resulting in a successful recovery for the bank.