SJ Berwin has taken the lead role in the management rescue of furniture retailer MFI.The struggling retailer's management team, led by chief executive Gary Favell, has agreed to a buyout, however only 92 of MFI's 194 stores are thought likely to be saved.SJ Berwin is advising MFI retail and MFI properties on the transaction, with restructuring and insolvency partner Mike Woolard and corporate finance partner Nicholas Plant leading the team.
October 01, 2008 at 09:41 AM
1 minute read
The original version of this story was published on Legalweek
SJ Berwin has taken the lead role in the management rescue of furniture retailer MFI.
The struggling retailer’s management team, led by chief executive Gary Favell, has agreed to a buyout, however only 92 of MFI’s 194 stores are thought likely to be saved.
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