Addleshaw Goddard and DWF have both taken lead roles on JD Sports Fashion's purchase of the business and assets of financially stricken fashion retailer Ark out of administration. The transaction, the value of which is undisclosed, is expected to save about 10 stores and 160 jobs at Leeds-headquartered Ark, while the company's management board has also been retained.
July 18, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Addleshaw Goddard and DWF have both taken lead roles on JD Sports Fashion’s purchase of the business and assets of financially stricken fashion retailer Ark out of administration.
The transaction, the value of which is undisclosed, is expected to save about 10 stores and 160 jobs at Leeds-headquartered Ark, while the company’s management board has also been retained.
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