Former Halliwells partners to repay £20.4m Spinningfields windfall By Margaret Taylor 17 June 2011 16:13 17 December 2015 14:50 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Anonymous 17 June 2011 at 16:20 At last…a sensible message to the profession! Reply Link Marx 17 June 2011 at 16:22 WOW, what a surprise!!! Yes, that’s sarcasm. Surely they must have been expecting this for quite sometime. Let’s hope they’ve all been saving up…. Reply Link Anonymous 17 June 2011 at 16:46 Nice to see The Lawyer proofreads their articles before publication – they spell Charles Glaskie correctly at the end of the article but cite him as Charles Gaskeil in the quote. ATD Centaur Media!!! Anyone want to speculate how this might impact Gateleys/the sub-LLP/the partners in the sub-LLP? Or Heatons? Looks like nobody who went to BLG or Hill Dicks was part of the ‘inner circle’ – guess they got the last laugh. But the most important question of all – where is Alec Craig these days? Reply Link Anonymous 17 June 2011 at 16:58 I bet Gateleys hourly rates have been increased this week! Reply Link spinning your way out of this one 17 June 2011 at 17:24 Alec Craig was seen at Ascot this week. Apparently he bumped into Dermot Power from BDO and they shared a joke over a glass of bubbly. True story! Reply Link Halliwells watcher 17 June 2011 at 17:31 If those partners who took the reverse premium thought after Halliwells went belly-up that they’d get away with keeping it then they’re even more dumb than I thought. They must have been expecting this. Is this going to be a Hammonds-litigation scenario? Reply Link Anonymous 17 June 2011 at 17:39 According to the Heatons website, Austin has “a determined approach to resolving commercial disputes but equally recognises the need to consider alternatives to litigation and arbitration and has considerable experience of mediation.” So will he be opting to mediate his way out of this one? Reply Link Anonymous 17 June 2011 at 18:22 Weren’t Halliwells a Limited Liability Partnership? If so then how will the administrator be able to recover the money from the partners? Reply Link Duh 18 June 2011 at 01:16 Because the claim is by the LLP (acting by BDO) against the partners personally for (presumably) breach of duty in agreeing to the transaction for their own profit. Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.