Wed, 30 Aug 2017 | ADMINISTRATION
A firm of solicitors with offices in Liverpool and North Wales has been forced into administration, with any ongoing cases being passed on to different legal practices in the region.
Gregsons Solicitors, a specialist in litigating medical negligence, property conveyancing and family law matters, entered administration on 23 August following poor financial performance.
The firm was founded in May 2011 and at its peak had a turnover of £1.3 million. At present, Gregsons employs 30 staff and has three office locations in the Liverpool area: two in Merseyside at Crosby and Birkenhead, and another in Flint in North Wales.
Prior to its administration, Gregsons was a member of the Law Society's Clinical Negligence Panel and the Advanced Family Law Panel, two prestigious accreditations in their relevant fields. It was also awarded the Law Society's Conveyancing Quality Scheme qualification.
Sean Bucknall and Andrew Hosking, both of Quantuma, have been appointed as joint administrators.
Writing on the firm’s website, Bucknall - who is Quantama’s director - said that efforts to secure a sale of the entire business as a going concern had not been successful.
As a result, all of Gregsons’ live files have been transferred to alternative, regulated solicitors who will be getting in touch with clients to notify them of the change.
Bucknall added: “The terms of the sales facilitate the ongoing servicing of client interests and for all realised work in progress to be paid into the administration, thereby maximising the return to creditors."
"A creditors' voluntary arrangement had been proposed by the directors but this was rejected by the requisite majority of creditors."
Quantama have already completed the sale of Gregsons’ conveyancing arm and its work to Metamorph Law.
Contact the administrators
Subscribe to Business Sale Report
An established MOT and service centre positioned in the vibrant community of Portslade, Brighton, presents a unique opportunity for investment in East Sussex's automotive service industry.
A licensed restaurant in Brighton, East Sussex, featuring alfresco seating for 60 covers, is available for purchase.
LEASEHOLD
Opportunity to acquire a maintenance grooming equipment business in Brighton at a reduced price for a quick sale.
30
|
Jun
|
Specialist electronics manufacturer to be acquired in £20m deal | BUSINESS SALE
Landguard Nexus Limited, a specialist electrical and electro...
30
|
Jun
|
Modella successfully price-chips WH Smith deal by at least 23 per cent | BUSINESS SALE
Back in March 2025, private investment form Modella Capital ...
30
|
Jun
|
IFA consolidator secures £14.5m facility for buy-and-build strategy | BUSINESS NEWS
Futura Financial Services Group, a consolidator of UK indepe...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
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.