04 May 2023 | 02:00 pm | 1 min. read
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.
Ince Gordon Dadds LLP has been acquired by law firm Axiom DWFM Limited, with all Ince Gordan Dadds staff being transferred as part of the acquisition.
The Pinsent Masons team working on the transaction included Partner and Professional Practices Head Samantha Palmer, who provided regulatory advice and Restructuring Partner Steven Cottee who advised the Joint Administrators. The team also included Wesley Thompson, Baljeet Harley, Jo Creamer, Bhaljinder Mander and James Thompson.
Samantha Palmer has now been appointed as the Solicitor Manager and is overseeing all regulatory aspects of the acquisition.
Commenting on the transaction, Samantha Palmer said: "We are pleased to be able to ensure that all clients' interests continue to be protected as part of this transaction with full regulatory support. We have been working closely with the Ince Gordon Dadds LLP senior management team and were able to provide regulatory guidance to the parties as part of our Financial Assurance offering for law firms facing financial challenges."
Steven Cottee, added: "We are delighted to help all parties move forward and find the best possible solution that has protected the interests of clients, employees and their stakeholders."
Andrew Hosking and Sean Bucknall of Quantuma Advisory Limited were appointed Joint Administrators for Ince.
Commenting on the transaction Andrew Hosking said: "Pinsent Masons boasts the most comprehensive legal sector advisory knowledge in the marketplace and we were pleased to utilise their Professional Practices team in getting this transaction over the line which has successfully saved jobs and provided continuity of service for all Ince clients."
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