Halliwells has filed a second notice of intention to appoint an administrator in a bid to buy more time to secure a sale of the firm without entering into administration. The notice was filed today (7 July) which will allow the firm until 20 July to conclude any potential deals with other firms. The notice will provide a moratorium on Halliwells' liabilities. The firm, which initially filed a notice of intention to appoint an administrator last month (24 June), is hoping to agree a sale without having to enter into a long process of administration, and is working with accountants BDO to consider its options.
July 07, 2010 at 12:57 PM
1 minute read
The original version of this story was published on Legalweek
Halliwells has filed a second notice of intention to appoint an administrator in a bid to buy more time to secure a sale of the firm without entering into administration.
The notice was filed today (7 July) which will allow the firm until 20 July to conclude any potential deals with other firms. The notice will provide a moratorium on Halliwells’ liabilities.
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