This week’s top 10 stories: Seventh heaven for Knights

David Beech

It’s been quite a week for big news in the East Midlands.

Whilst Nottingham’s two football clubs lurch from one crisis to another and the Panama Papers throw up a number of East Midlands business figures, law firm Knights has revealed that it is growing so fast that it is hiring at a rate of one person per day.

The news that Derby-based Knights have been taking on seven people a week since Christmas was our most popular story this week.

David Beech, CEO of Knights, which has grown its team by 120 people since January, also revealed that the firm is looking to open up other revenue streams: “Because the need for legal services is entrenched in every business, law firms do make a significant contribution to the economy and now we’re making steps to diversify and offer more non-legal services to our clients.

The Lace Market Hotel

The Lace Market Hotel

Meanwhile, news that the company that used to run Nottingham’s Lace Market Hotel had been brought back out of liquidation was also popular.

Administrators from Smith Cooper in Derby have taken control of The Lace Market Hotel Limited – now reinstated at Companies House as Company No. 03726341 – to consider an interest rate hedge product (IRHP) redress offer made from RBS.

Meanwhile, a businessman once dubbed ‘Britain’s nastiest car dealer’ by The Daily Mirror was named in the so-called “Panama Papers” – the huge leaked database of where some of the world’s rich and famous hide their cash.

Richard Loach of Gedling, Nottingham whose luxury car firms LHD Car Company and LHD Porsche went bust in 2008 owing creditors hundreds of thousands of pounds. In the Panama Papers, Loach is named as moving money offshore through another now defunct firm Micronet Showroom, which was registered in the Virgin Islands.

We’ll reveal more East Midlands names and companies named in the Panama Papers over the next days and weeks, so watch this space.

This week’s Top 10 stories:
1. Derby law firm recruiting seven people a week
2. Nottingham hotel firm comes back from the dead
3. Nottingham’s ‘nastiest ever car dealer’ named in Panama Papers
4. Forest edge closer to Greek takeover
5. Notts County placed under transfer embargo
6. New swimming pool set to make a splash in Derby
7. Motorpoint founder set to bag £100m from flotation
8. Historic Leicester school sold
9. Triple shot for Derby recruitment firm
10. Greggs to shut Sleaford bakery

 

 

Click here to sign up to receive our new South West business news...
Close