Linder Myers seeks to avoid administration with last-minute debt restructure

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Readers' comments (13)

  • Can Mr. Seymour please confirm that the partners' tax has been paid?

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  • I don't think anyone would agree with the managing partner's comment that if the deal goes through, he will have corrected the situation caused by an organisation. Truly breathtaking comment and totally de-moralising for all concerned, in particular the staff.

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  • Maybe the managing partner's attempt to blame others is to try to secure a future for himself?

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  • Does Seymour have any credibility left? The ship seemingly sank on his watch and yet he seems to be claiming credit for 'correcting the situation'. As comment above says "breathtaking".

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  • It all depends whether the "organisation" was a large creditor!

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  • I don't think that it does. It was the fact that the managing partner was seeking to take credit (excuse the pun) for any deal (given the circumstances leading up to it) that caused offence. Time for him to do the honourable thing I and undoubtedly many others think.

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  • Last year Linder Myers announced that they had entered into a sale-and-leaseback deal at £11.6M with a 25 year lease commitment.

    http://www.placenorthwest.co.uk/news/archive/13793-linder-myers-agrees-leaseback-deal-with-cbre.html

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  • My previous post may have been misinterpreted. I was referring to the managing partner's attempt to take the credit (excuse the pun) for any rescue deal, bearing in mind the circumstances leading up to it. Let's hope Assure Law don't perpetuate the status quo otherwise staff morale will go through the floor.

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  • Who are Assure Law? Are they a new ABS entering the market?

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  • Strangely negatively-written article and comments for what seems like a much-needed fillip for the Manchester legal sector and the sector in general. If the firm has found a solution that results in creditors being paid, saves plenty of jobs and avoids yet another pre-pack, this is very good news. Anonymous 2:03pm - why breathtaking or demoralising? I very much doubt the managing partner is blaming the staff in his own organisation.

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