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Headline

DWF acquires ailing Cobbetts in pre-pack deal

Comment

What is the pension position? With LLPs you get to the stage where the people who bear the insolvency risk are the employees with pension rights. The partners have LLP protection and limited exposure to bank debt and should be able to secure fresh jobs. The long serving staff suffer.

Posted date

4-Feb-2013

Posted time

6:20 pm

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