The corporate restructuring and advisory team at Shoosmiths is advising administrators KPMG, which has been called in following the collapse of Late Rooms and Super Break owner Malvern Group.
Manchester-based partner Sarah Teal is leading the team – headed up nationally by James Keates - assisted by senior associate Hollie Wrigley and solicitor Hannah Gaskell.
Sarah said: “The Malvern Group and its businesses have a large customer base. Some will already be on holiday, will have imminent bookings or will have stays coming up as part of their offering, and we will be working closely with the administrators, Tracey Pye and David Costley-Wood, to seek to achieve a sale of the business and assets with a view to protecting customers and saving jobs.”
Sarah Teal has built a reputation for advising on complex cases. She represents banks, asset-based finance and lending companies, restructuring and turnaround professionals and management teams and directors, advising on every issue in financially stressed scenarios. Chambers’ legal directory notes: "Sarah is approachable, great to work with and gives you the feeling that she is an extension of your team."
James Keates is one of the go-to lawyers for corporate restructuring and advisory, and takes an innovative approach to the process itself. His work has seen him inducted into the Hall of Fame in The Legal 500 directory. James is ranked as Band 1 in Chambers. He was also named Corporate Restructuring Lawyer of the Year at the highly respected TRI Awards.