Date Published: 5th February 2020
Administrators from Begbies Traynor have been appointed at Carter Moore, the Manchester law firm.
Dean Watson and Jason Greenhalgh of Begbies Traynor were appointed Joint Administrators of Carter Moore Solicitors Limited on 24th January, after the law firm ceased trading and all eleven members of staff were made redundant.
The firm was founded in 2003 by Jeremy Moore and Mark Carter. It specialised in criminal defence, serious fraud and personal injury work.
Dean Watson, partner at Begbies Traynor, said:
“Law firms operating in the regional legal market, particularly those in personal injury or criminal practice, continue to face business challenges. Carter Moore, despite employing talented staff and winning several high profile cases for clients are no different from many other firms who are teetering on the brink of survival.
“Law firms have a particular responsibility to their existing clients and creditors under strict rules laid down by the Solicitors Regulation Authority (SRA). In this case the directors are complying and they remain in dialogue with the SRA as our team at Begbies Traynor progresses our work. We will update creditors on proceedings.”
Dean is a Qualified Accountant (FCCA) and Licensed Insolvency Practitioner with over 25 years experience in the accounting profession. Dean joined Begbies Traynor in 1999 after spending 10 years working in general audit and accountancy practice. Based in the Manchester and Preston offices, he has worked on a variety of assignments including formal insolvency appointments and providing advice to various stakeholders in situations where financial distress is present.
Dean has gained significant experience in the Legal Sector after dealing with a number of distressed Legal and other professional services firms in recent years and jointly heads up the North West Professional Services team.
As well as business reviews and formal insolvency appointments, practical solutions and hands on turnaround assignments have also been one of Dean’s main focuses. This has generally been in support of high street clearing banks and other financial institutions.