Having considered all restructuring and insolvency options we were appointed Supervisors of a Company Voluntary Arrangement (CVA) of this multidisciplinary law firm.
The strategy was agreed with all stakeholders including the SRA and provided for the appointment of a Chief Restructuring Office to support the existing management team with implementing the restructuring steps outlined in the CVA.
The CVA was ultimately modified resulting in a substantial third-party investment and an early conclusion of the CVA.
Whilst we have been involved in a significant number of law firm administrations, this CVA provided a more appropriate solution given the circumstances of the case. Owning our own law firm gives us additional skills to assist law firms facing difficulties.
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Leonard Curtis is a trading style of Reach Commercial Finance Limited, registered at Riverside House, Irwell Street, Manchester, M3 5EN. Company Register number is 09056450. Reach Commercial Finance Limited is authorised and regulated by the Financial Conduct Authority, FRN: 753686. Reach Commercial Finance Limited is an authorised credit broker and not a lender. We work with a an unrestricted number of lenders to find a potentially suitable arrangement for your consideration. ICO registration ZA069234 and you can check via www.ico.org.uk. We will receive commission from lenders. Different lenders pay different amounts depending on different commission models. For transparency we work with the following commission models: fixed fee, fixed rate of commission, percentage of the amount you borrow and rate for risk (this is based on the risk profile of the business). Further details of the commission model, calculation and amount will be disclosed to you throughout your customer journey. Privacy notice.
Leonard Curtis Legal Limited is a limited company, registered in England and Wales with registered number 09820186. Registered office: Riverside House, Irwell Street, Manchester M3 5EN. Leonard Curtis Legal Limited is registered with the Solicitors Regulation Authority with number 626004.