Slater and Gordon moved more than 40 of its U.K. partners out of its partnership before agreeing on a recapitalization package with Anchorage Capital that will give lenders ultimate control of the U.K. business.

Filings with Companies House show 41 U.K. limited liability partnership (LLP) members were terminated from the partnership in the year ending June 30, with 29 of those terminations taking place between March 1 and the end of May. All of those affected remain with the business as employees.