A Company Administration

We acted for the administrators of a company in relation to the pre-pack purchase of the business of the company by a third party unconnected with the former directors. The company operated a restaurant chain across a number of venues in the North West.

The purchasers were anxious to finalise the sale documentation so that the administrators could be appointed and the sale concluded before the weekend in order to allow them to trade over the busiest period of their first week of operation.

We were able to ensure that the sale documentation was prepared and agreed within 48 hours in order to facilitate completion to the deadline set by our client and to support the purchaser’s desire to begin trading as soon as possible.