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.
Multinational law firm Pinsent Masons has advised the University of Greenwich on the trailblazing merger with the University of Kent, paving the way for the creation of the UK’s first “super‑university”.
Multinational law firm Pinsent Masons has advised on the sale of VLocker, a global leader in the design, manufacture, installation and management of electronic locker systems, to Venu+, a United States‑based portfolio company of private equity fund ZCG.
Multinational law firm Pinsent Masons is expanding its European footprint into Poland, announcing plans to open in Warsaw in mid-2026.
Multinational law firm Pinsent Masons has appointed pensions partner Susie Daykin to join its London office.
Law firm Pinsent Masons MPIllay has advised French development finance institution Proparco (Société de Promotion et de Participation pour la Coopération Économique) on its investment in Singapore-headquartered energy-as-a-service (EaaS) infrastructure platform August Energy.
Multinational law firm Pinsent Masons in Paris advised La Banque Postale and Bpifrance in connection with the financing of the repowering of two wind farms (Marsanne and Grand Bois) owned by funds managed by Octopus Energy Generation, for an amount exceeding €83 million.
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