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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Reach Commercial Finance Limited. Registered in England no 09056450. Leonard Curtis is a trading style of Reach Commercial Finance Limited. Leonard Curtis is a broker not a lender and is independent with access to the whole of market. We may receive commissions that will vary depending on the lender, product or other permissible factors. The nature of any commission model will be confirmed to you before you proceed. Authorised and regulated by the Financial Conduct Authority FCA no. 753686. Registered with the Information Commissioner’s Office reference ZA069234
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.