Will the high street ever be the same?
Simon Thomas, Partner at Moorfields, explores where the issues really lie for retailers and restaurateurs in wake of recent closures and CVA’s.Read more>
Moorfields Appointed Administrators Over Leading Building Surveying and Consulting Survey
Simon Thomas and Robert Pick of Moorfields Corporate Recovery LLP have been appointed Joint Administrators over two Leeds based businesses Met Surveys Limited and Met Consulting Engineers Limited. Met Surveys Limited and Met Consulting Engineers Limited provided land/building surveys and engineering consultancy including design, environmental reports and geotechnical investigations to clients in both the public and private sectors. In 2009 the businesses faced a downturn in trade as a result of the construction industry being hit hard by the economic climate. In a pre pack deal, the Administrators, advised by Cobbetts LLP, sold the assets of both companies to Southgate House Limited, allowing continued trade for customers and securing the employment of the staff of Met Surveys Ltd and Met Consulting Engineers Ltd. The new companies and staff will operate alongside Met Geo Environmental Ltd from existing premises at Southgate House under the direction of Neil Harvey, Chris Jones, Ian Lang and Andy King. Dianne Turner, Director, Moorfields Corporate Recovery LLP “The construction industry has been hit particularly hard by the recession. We are very pleased to have completed a sale of both companies’ business and assets thereby safeguarding employment in the area, at this time of increasing unemployment”. Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists.Read more>
Moorfields appointed administrators over sport reporting agency
Simon Thomas and Robert Pick of Moorfields Corporate Recovery LLP were appointed administrators of Hayters Teamwork Limited following a winding-up petition issued by HM Revenue and Customs. The Hayters Teamwork brand was established over 50 years ago providing a complete multi-media solution for newspapers, magazines, TV, radio and online. Hayters’ content appears daily on the back of national newspapers, sports TV channels such as Sky and the BBC, and online with FA.com and UEFA.com Advice from Moorfields enabled the directors to make an in court administration application allowing the business to be rescued and sold as going concern. This has saved a number of jobs and preserved the value of a prestigious brand. If you would like further details on the Hayters administration please contact Arron Kendall on 0207 186 1145 Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists.Read more>