Fox Hayes LLP, a Leeds based property conveyancing practice, sold its traditional commercial and private client business employing around 40 staff to another practice. The deal did not include the Fox Hayes’ volume conveyancing business. Following this, the practice experienced problems when a major provider of remortgage work reduced its panel of legal firms and withdrew its current instructions of about 3,550. Our team of administrators was successful in pre-packing the sale of the remaining practice to a number of other firms, preserving a proportion of jobs and ensuring that the interests of the firm’s clients were looked after on an ongoing basis.
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