'The bank has put us in an impossible situation' - managing partner's email to KWM staff
As KWM Europe admits it cannot pay staff their salaries ahead of the firm's administration, here is European managing partner Tim Bednall's all-staff email in full
Earlier today, KWM Europe managing partner Tim Bednall sent an all-staff email explaining that the firm could no longer pay staff salaries this month as promised, because its primary lender, Barclays, had withdrawn funding.
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