Ince Gordon Dadds has hit back at criticism of the handling of its acquisition of Ince & Co in a pre-pack administration, saying it is pleased with the outcome.

Former Ince partners have been left facing bills of up to £500,000 if, as they suspect, the pre-pack nature of the acquisition means they will not be repaid capital or money stashed away by the firm for tax purposes. Some said they felt “betrayed” by their former colleagues who signed up for such a deal.