Categories:North West

Halliwells’ ex-managing partner: ‘I gave my life to that practice’

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  • Speaking of right of reply, it's a shame the hundreds of staff who got shafted by Austin's intransigence don't enjoy a similar priviledge isn't it?

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  • When poor Ian Austin is complaining about putting in £700k is this before or after he took his share of the reverse premium? Is it reasonable to suspect that this has been forgotten and he had actually only put in what used to amount something about equal to or less than his income for a single year?

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  • You've got to admire Ian Austin's front at least - he's the captain of the ship when it hit the icerberg and sank but claims he isn't to blame. Fantastic stuff.

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  • A Fred Goodwin for the legal profession . . . . .

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  • This man has no self awareness at all. He is now at some tiny firm in Manchester and still he is spinning it like he is still in Spinningfields.
    Not all the partners took the reverse premium. Ian elected not to tell the FSM`s despite them being small stake holders. That represents bad faith.
    Taking the reverse premium in the most tax efficient way is utter rubbish. Ian and his cronies took the money from the Landlord and distributed it as profit. That act was not in the best interests of the firm.

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  • The LLP was put into his hands and his greed and ineptitude resulted in him leading the mad £17m reverse premium dash and in a few short years he brought the firm to its knees.
    He may have lost 700k but he took close to £1M out in the reverse premium oh and don`t forget that 75k your trousered as a bonus for doing such a good deal with the Landlord. Clown

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  • The administrators report shows that the firm made a loss of 1.8M in fy April 09. So Ian why were you going around telling evrybody the firm was in great shape? You forced many of us to put money in and you failed to divulge that the firm was loss making.
    We are now left to pay our own tax because you did not put money into our tax reserve accounts as you promised. Why did you take advantage of the HMRC time to pay scheme for insolvent firms and then email us and say the firm could have paid it if it had wanted to. This is an integrity issue because you either lied to us or you lied to HMRC. I hope the SRA investigates and strikes you off

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  • Addleshaws saw the recession coming and built up a war chest. Every business commentator knew what was coming. Austin thought he knew best (or didn`t care) and took 17M out of the firm. Tells you all you need to know, the guy is a fool as are those who blindly followed him down the dark road into administration

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  • Get back under your rock you shameless creature. You now work for a little league firm and we hope that we will never hear from you again. Go with a semblance of grace and keep your trap shut

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  • He sounds exactly like Gordon Brown.

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