Experience

Voluntary administrators for a national franchise group

Experience

Voluntary administrators for a national franchise group

A group of companies providing online insurance broking services to the franchise sector. We traded, then sold the business to a publicly listed insurance broker. We preserved the client base while dealing with complex matters involving the ownership of the online platform. Employees entitlements are paid in full while unsecured creditors received a significant dividend.

A group of companies providing online insurance broking services to the franchise sector. We traded, then sold the business to a publicly listed insurance broker. We preserved the client base while dealing with complex matters involving the ownership of the online platform. Employees entitlements are paid in full while unsecured creditors received a significant dividend.

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