Mon, 26 Mar 2012 | ADMINISTRATION
Manchester-based personal injury law firm, Donns LLP, has been placed into administration, but immediately it has seen many of its cases snapped up by a rival firm.
The company, which operates from offices in City Wharf, New Bailey Street, Manchester, saw Toby Underwood and Robert Hebenton of PricewaterhouseCoopers appointed to handle the process.
The administrators were quickly able to secure a deal with law firm Irwin Mitchell to enable the continuity of “several hundred” of the firm’s personal injury cases, and are now assessing Donns’ financial situation.
Donns was originally founded in 1969 by solicitor Raymond Donn and, according to a statement on the company’s website, is, “recognised as one of the leading specialist law firms in the UK, at the forefront of financial miss-selling and personal injury litigation dealing with claims both in the UK and abroad.”
It is thought that Donns had been attempting to restructure its banking facilities at the time of the administration. According to the Manchester Evening News, the last accounts filed with Companies House were for the year to April 2010, and showed that it incurred a net loss that year, with its liabilities exceeding its total assets by £5.5 million.
Irwin Mitchell’s Andrew Tucker confirmed the company’s acquisition of the Donns' cases, and said it would be able to approach Donns' clients to seek permission to act for them.
Bring to the market this leasehold specialist car sales and servicing facility located in Horncastle, Lincolnshire. The trade was established as a limited company in 2005.
LEASEHOLD
The company is an online vehicle purchasing platform, providing a fast, hassle-free car-selling service for the end user. A competitor to the likes of webuyanycar.com and Motorway, the company is a well-established online vehicle purchasing platform...
Bringing to the market this denim and casual wear retailer, boating a user friendly comprehensive online presence.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.