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Wirral-based firm Lees Lloyd Whitley (LLW) has gone into administration after it ceased trading at the end of last week.
Since the beginning of this week its work has been divided between a number of regional firms, with several partners finding new homes at those firms.
Jonathan Booth and Robert Rutherford of Liverpool insolvency firm Parkin S Booth & Co have been appointed as administrators.
LLW said in a statement that its business was being wound up after being “’prompted by a number of financial and operational issues”.
The firm closed its offices in Prenton in 2007 and pulled out of Liverpool in 2008, opting to invest in new offices in the Wirral at that point. It is believed that the firm leaves debts of more than £3m.
Trade union firm Thompsons has acquired LLW’s trade union work, which includes work for the All Prison Officers’ Association.
Chester-based Oliver & Co has taken the firm’s commercial portfolio and probate work. It will also get four partners as part of the deal in the shape of Tim Polding, Frank Rogers, Paul Armstrong and David Sewell.
Wallasey-based David Roberts & Co has taken the firm’s equity release, conveyancing and remortgage work and two of its staff – Angela Hesketh, head of private client services, and Jackie Ryan, marketing and sales manager, who had both been with LLW for more than 15 years.
Personal injury and insolvency work has been transferred to St Helens firm Keith Park Solicitors.
In June, Tunbridge Wells-based Buss Murton pulled back from near collapse and completed a pre-packed administration. The firm is now known as Buss Murton Law (29 June 2009).
This came after Hextalls emerged from a pre-packed administration following a spate of partner defections in March (11 May 2009).