DLA Piper and Manchester-based boutique Turner Parkinson have acted on the pre-pack administration of high street fashion retailer Internacionale, saving some 1,550 jobs. Internacionale, which prior to administration had 132 stores across the UK, was sold as a going concern to an undisclosed purchaser, with the existing shareholders backing the newly formed company Internacionale UK Limited.
July 15, 2013 at 06:27 AM
1 minute read
The original version of this story was published on Legalweek
DLA Piper and Manchester boutique Turner Parkinson have advised on the pre-pack administration of high street fashion retailer Internacionale, saving some 1,500 jobs.
Internacionale, which prior to administration had 132 stores across the UK, was sold as a going concern to an undisclosed purchaser, with the existing shareholders backing the newly formed company, Internacionale UK Limited.
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