Business and people search

Eleventh hour rescue deal failed to save Cobbetts

11th April 2013


Cobbetts' 58 Mosley St HQ

Cobbetts' 58 Mosley St HQ

PARTNERS at law firm Cobbetts agreed to fund a £2.5m rescue deal in January, but it collapsed when they were asked for personal guarantees.

Details of the last ditch effort to save the firm were disclosed at a creditors' meeting in Manchester yesterday, where former partners and a representative of lender Wesleyan Bank also grilled managing partner Nick Carr, chairman Stephen Benson and finance director James Boyd.

The firm, which had an office in Leeds, filed for administration in January and was bought by riv......for the full story register now for free or login below...

Read Next News Archive

Print this page Add a deal Bookmark and Share Send to a friend

Have Your Say 

Be the first to comment on this article!

Login to submit a comment

TheBusinessDesk is a trading name of Regional Media Services Ltd.
A company registered in the UK, company number : 07111349 VAT Number : 124302954