Barratts administrators find Shoosmiths the right fit

Shoosmiths has been appointed to advise the joint administrators of high street shoe retailer Barratts, which went into administration yesterday (11 November).

Manchester partners Mark Dawson and Sarah Teal are leading the firm’s work for the joint administrators, Duff & Phelps partners Philip Duffy and David Whitehouse.

The administrators said in a statement they were hoping to find a buyer for the business, which had collapsed following the withdrawal of an offer of investment last week.

Barratts has now been put into administration three times in just four years. Berwin Leighton Paisner acted for administrators Deloitte when owner Stylo put Barratts and sister chain Priceless into administration in 2009.

In late 2011, Squire Sanders picked up the mandate from Deloitte on another administration of Barratts, with Walker Morris acting for Barratts Trading Limited, which bought the business.

Yesterday US firm Locke Lord was named as the legal adviser to the joint administrators for video chain Blockbuster (11 November 2013).