Jamie Playford, Insolvency Practitioner at Leading Corporate Recovery, has completed the sale of the business and assets of Harvey’s Specialist Dry Cleaners to a family-owned company, saving 13 jobs and preventing four store closures.
Commenting on the sale, Mr Playford said: “It was a difficult sale due to the situation involving an earlier insolvency practitioner, but after the Court appointed me as Liquidator and voided the earlier sale, I quickly sought a buyer and began negotiations. The new sale I have conducted is for a higher amount than before and all sale proceeds have been paid up front, rather than previously agreed over a deferred period. This is a good result for creditors and for staff as jobs have been saved.”
For any further queries regarding the Liquidation of the Company, please contact Kelly Goodman at email@example.com
Notes for editors:
Leading Corporate Recovery is Norwich’s fastest-growing insolvency, restructuring and strategic advisory practice, providing help to businesses and individuals across East Anglia and London. Jamie Playford is a director and licensed insolvency practitioner, and a member of the Insolvency Practitioners’ Association and a fellow member the insolvency trade body, R3. Jamie has worked in the insolvency industry in East Anglia since the late 1990s.