DLA Piper is advising the administrator of Mosaic ­Fashions, which owns retail chains including Karen Millen and Oasis.

Deloitte partner Neville Khan turned to DLA restructuring partner Sarah Coucher. Manchester firm Heatons is advising Mosaic’s management.

DLA has close ties to Kaupthing after advising it on its exposure to Baugur, which went into administration in the UK in February.