13 Oct 2016 | 02:04 pm |
International law firm Pinsent Masons has advised administrators KPMG on the sale of fast food burger chain Ed's Easy Diner to Giraffe, via an out of hours court appointment of KPMG as administrators.
Rob Croxen and Blair Nimmo of KPMG were appointed as joint administrators over Ed's Easy Diner, Ed's Easy Diner Holdings and Ed's Easy Diner Overseas and immediately carried out a pre-packaged sale of the business and assets to the restaurant operator Giraffe, owned by Ranjit Boparan, helping preserve over 700 jobs.
The Pinsent Masons team was led by Restructuring Partner Steven Cottee assisted by Bhaljinder Mander, Andrew Robertson, Jack Isaacs and Carl Scott.
Commenting on the transactions, Steven Cottee from Pinsent Masons said:
"We were pleased to use our restructuring strength and expertise in the restaurant and leisure sector to assist KPMG in implementing an immediate sale of the business and assets of Ed's Easy Diner to Giraffe in the early hours of Wednesday morning helping to preserve the future employment of more than 700."
The purchase of Ed's Easy Diner adds to Ranjit Boporan's expanding portfolio, having also recently been involved in another pre-pack administration in the purchase of the business and assets of Bernard Matthews.
Mills and Reeve acted for Giraffe. Pinsent Masons has previously acted on the sale of Giraffe to Tesco in 2013.
Multinational law firm Pinsent Masons has launched a new working-from home audit tool to help financial services organisations understand the hidden litigation and regulatory risks associated with staff increasingly working from home on a more permanent basis.
Multinational law firm Pinsent Masons is advising Seraphine Group plc, an international digitally-led maternity and nursing wear, on its IPO and premium listing on the main market of the London Stock Exchange.
Multinational law firm Pinsent Masons has today signed a memorandum of understanding (MOU) with Nepal International ADR Center (NIAC), commencing an important collaborative relationship seeking to enhance NIAC’s international arbitration capabilities.
Multinational law firm Pinsent Masons has advised joint administrators, Christopher Petts and Richard Lewis of Grant Thornton UK LLP, on a pre-pack administration sale of the business and assets of CB Imports, trading as "Country Baskets."
Multinational law firm Pinsent Masons has appointed restructuring expert Charles Maunder as a Banking & Restructuring partner within their Finance and Projects group. Charles will commence his role in November.
Pinsent Masons has advised Nasdaq listed NV5 Global Inc on its acquisition of Mediatech Design Group – a leading technology company providing security, enterprise IT, and building technology solutions headquartered in Dubai.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on