The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
BDO has been appointed as official liquidators of Halliwells, a precursor to dealing with outstanding creditors’ claims against the failed firm.
Dermot Power, a partner at BDO, and Shay Bannon, the accountancy firm’s head of business restructuring, were appointed as Halliwells’ administrators in the wake of its demise in June 2010 (26 July 2010).
The pair oversaw the division of Halliwells’ assets and partners among Hill Dickinson, Gately and Clyde & Co legacy firm Barlow Lyde & Gilbert.
BDO applied in November (15 November) to be appointed as the firm’s liquidator by its secured creditor, the Royal Bank of Scotland. The firm’s term overseeing the administration was due to close on Thursday (19 January) after a six-month extension.
This latest move will give it stronger powers under the Insolvency Act to recover monies owed to the outstanding creditors.
It emerged following Halliwells’ collapse that when the firm went into meltdown it did so owing £190m to suppliers (15 February 2011). Of that total it is understood that around £17.7m was owed to the bank.