- Friday, April 25, 2014
Mercer & Hole (London, England) are delighted to have been able to assist a financially distressed charity client of Clarkslegal (Reading, England - TAGLaw). The charity employed almost 400 staff to care for over 300 vulnerable people in over 40 residential settings on behalf of various local government authorities. Michael Sippitt of Clarkslegal and Chris Laughton, who leads our London Restructuring and Insolvency team, worked together on a strategy using direct communication and PR to have the local authorities recognize their risks and obligations. An accelerated M&A process led to a successful sale within three weeks with absolutely no disruption to the vulnerable people and their carers, and avoided a painful, disruptive and costly collapse."
—Paul Maberly; Mercer & Hole (London, England)