BDO demands return of cash from ex-Halliwells partners

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  • What else do you expect from a law firm named after one of the Spice Girls?

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  • Surely these reports need balancing? It must be time to ask affable Ian Austin for another interview. He was the one who negotiated the deal with the Landlord.
    Alternatively why not ask blunt speaking Alec Craig? He was the one wandering around the firm saying "this firm won't go bust, we have a good business".
    Blunt Alec is rarely seen whilst affable Ian seems to have quelled his enthusiasm for talking to the press.
    I wonder why?

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  • @ anon 20-06-2011 5.50pm

    As far as my understanding is they never owned the freehold. They received a "reverse premium" from their landlords to take out a lease. The only time a landlord would consider handing out one of these when times are good is if the tenant has signed up to some particularly onerous terms...

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  • Do you people not get sick and tired of talking about the same old rubbish??? For god sake give it a rest and think about the impact that this will have on those who have managed to keep their job with one of the companies! BORRRRRRRRRRRRRRRRRRRING.

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  • Anyone want to guess the identity of Anonymous at 12.41 pm?
    Perhaps a former Halliwells employee who continues to be very close friend of one of the owners of the Tuscan palazzo, the Cumbrian lakeside retreat, the Spanish pool or the Aberdonian castle referred to yesterday?
    Anyway, sorry if you're bored but the biggest law firm collapse of recent years is of interest to some of us.

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  • Is there any news of the £4M summary judgement application, for the personal guarantees given by Alec Craig and three others for unpaid rent on St James's Court, which is being heard this week?

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  • Has anyone else noticed how rubbish the reputational management is by lawyers?
    Whenever a firm is brought to the ground, or a partner caught nicking money, two crass techniques are used.
    1. Endless posts about what a gentleman Mr. Tealeaf is how it must all be a dreadful mistake.
    2. Bullying drivel of the "have you not got better things to do" kind.
    Can't someone come up with something a bit more sophisticated?

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  • Anonymous at 12:41pm sounds suspiciously like someone mid-divesting himself of assets in Switzerland and Angelsey....

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  • Does the SRA show any interest in all this shenanigans? If a clapped out two man operation in Barnsley High Street, had run the firm as Halliwells did, they'd be up before the SDT by now. How come the big lads get away with it all?

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  • I have read a few of these posts and as an outsider what shocks me is the level of animosity from people I don't know directed against people that presumably they didn't know....and all of it posted anonymously. Maybe not all of the posts are by lawyers but it certainly doesn't say much of the 'professionalism' of the profession. And I am not, before the posts start, connected to any of this business. I am unimpressed by what I read about the conduct of some of the former Halliwells partners and I do believe the failure of a major law firm is of general interest (as are the reasons for it ) but a lot of this is unsavoury and has little to do with improving the profession.

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