Moorfields appointed Administrator over Torbay Hotels Limited t/a Lincombe Hall Hotel

Moorfields Corporate Recovery LLP (formerly RSM Bentley Jennison & Co LLP); were appointed Administrators over Torbay Hotels Limited on 1 July 2009.

Simon Thomas and Fred Satow, partners in Moorfields Corporate Recovery LLP were appointed by Abbey National PLC. The 40 room hotel is currently full and will continue to trade as normal while offers are reviewed and purchasers are sought.

Simon Thomas, Administrator, said: We are optimistic that there will be lots of interest and we are looking for a quick sale of the business. Anyone interested in purchasing the hotel should contact the agents Colliers.

Moorfields Corporate Recovery LLP is a leading provider of Corporate Advisory, Restructuring and Recovery services. Our highly skilled teams provide leadership, experience and high quality advice to companies and their stakeholders in financially distressed situations.

Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists.

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