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MPs censure pre-pack deals as Cobbetts takeover goes ahead

February 10, 2013 By Leave a Comment

‘Pre-pack’ deals like the one that this week saved defunct law firm Cobbetts face new scrutiny, following a critical report by MPs.

The Business, Innovation and Skills (BIS) Commons Select Committee this week said pre-pack administration deals, where the sale of an insolvent company is agreed before it goes into administration, are not transparent enough to unsecured creditors.

It called for stronger penalties against companies using pre-pack administration deals to relieve their debt.

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News | Law Gazette



Conveyancing Solicitors in Sevenoaks
Filed Under: Legal News Tagged With: , , , , , ,

400 jobs saved as Cobbetts deal goes through

February 8, 2013 By Leave a Comment

All training contracts will be honoured and more than 400 jobs saved at defunct firm Cobbetts, administrators today confirmed.

National firm DWF said it has completed the deal to acquire Cobbetts following the appointment of KPMG as administrators yesterday.

Cobbetts filed notice last week that it intended to appoint administrators following poorer than expected trading in November and December, which forced the firm to place the business and its assets up for sale.

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News | Law Gazette



Lawyers in Sevenoaks
Filed Under: Legal News Tagged With: , , , , ,

McNally: learning as he goes

October 27, 2012 By Leave a Comment

Lord McNally’s first speech on legal aid since taking the brief was delivered to the Legal Aid Practitioners Group. Into the lion’s den. McNally wants to move on from LASPO, admitting the bill’s passage was ‘bruising for everyone’. His emollience was welcome; the absence of credible answers to practitioners’ questions less so. For example, there was a sharp intake of breath when one solicitor asked about the adequacy of the number of firms able to do education law (three, apparently).

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Opinion | Law Gazette



Conveyancing Solicitors in Sevenoaks
Filed Under: General Law Tagged With: , ,

Test of will goes to court

August 31, 2012 By Leave a Comment

The recent case of the aggrieved client who plastered his car with libelous stickers and left it near his solicitor’s office brought back memories. It reminded me of the ultimately much more successful litigant Lieutenant Colonel Alfred Wintle who – this time rightly – had it in for the Brighton solicitor Frederick Nye (Wintle v Nye [1959] 1 All ER 55 ).

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Obiter | Law Gazette



Conveyancing Solicitors Sevenoaks
Filed Under: Uncategorized Tagged With: , ,

Chinese arbitration goes global

June 3, 2012 By Leave a Comment

New rules governing China’s arbitration body should open it up to international parties
The Lawyer – Opinion



Solicitors in Sevenoaks
Filed Under: Legal Features Tagged With: , , ,
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