Pinsent Masons advises on Burroughs Day administration

22 Jan 2018 | 10:32 am |

International law firm Pinsent Masons has advised Andy Hosking and Sean Bucknall of Quantuma, the joint administrators of Burroughs Day, on Burroughs Day’s pre-pack sale to Metcalfes Solicitors.

Burroughs Day, a 190-year old Bristol law practice, called in administrators after financial difficulties meant its management could no longer keep the business running successfully. An immediate pre-pack administration sale was completed of the whole business  to city rival Metcalfes Solicitors.

The Pinsent Masons team advising Andy Hosking and Sean Bucknall of Quantuma, was led by Restructuring partner Steven Cottee alongside James Hillman, Carl Scott and Bhal Mander.

Steven Cottee commented: “We are pleased to have advised on this transaction which has resulted in the preservation of a number of jobs.  It illustrates the financial difficulties many law firms are facing particularly at this time of year with partners’ tax payments due at the end of January."

Steven Cottee has advised on the all of the major law firm administrations’ including Hextalls, Cobbetts, Davenport Lyons , Manches, Parabis, Jeffrey Green Russell and most recently KWM.

 

 

Latest press releases

Show me all press releases

Pinsent Masons advises Erisbeg on proposed acquisition of PageOne Communications

Multinational law firm Pinsent Masons has advised Dublin-headquartered private equity firm Erisbeg on the agreement to acquire the entire issued share capital of PageOne Communications from the Capita Group.

Pinsent Masons advises Breedon Group on acquisition of Robinson Quarry Masters and LSE Listing

Multinational law firm Pinsent Masons has advised Breedon Group on the acquisition of Robinson Quarry Masters, a Northern Ireland based family-run quarrying and concrete block business.

Pinsent Masons advises Regenerate in the launch of its European regenerative agriculture fund

Multinational law firm Pinsent Masons has advised Regenerate Asset Management in the launch of the Regenerate European Sustainable Agriculture Fund.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises Regenerate in the launch of its European regenerative agriculture fund

Multinational law firm Pinsent Masons has advised Regenerate Asset Management in the launch of the Regenerate European Sustainable Agriculture Fund.

Pinsent Masons provides regulatory and restructuring advice on Ince Gordon Dadds LLP acquisition

Multinational law firm Pinsent Masons was appointed Solicitor Manager and advised the Joint Administrators on the deal, providing restructuring and regulatory advice to Joint Administrators Andrew Hosking and Sean Bucknall.

Pinsent Masons hires financial services litigation expert Lisa Carty in Dublin

Multinational law firm Pinsent Masons has hired litigation lawyer Lisa Carty as a partner to lead its Litigation Regulatory and Tax offering in Dublin, expanding its dispute resolutions capabilities with a financial services specialism.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts

We are processing your request. \n Thank you for your patience. An error occurred. This could be due to inactivity on the page - please try again.