The rapid collapse and insolvency of Silicon Valley Bank US late last week, and initial statements about SVB UK being placed into a special bank insolvency process had numerous interested stakeholders in the VC ecosystem and advisors rushing to manage a potential cash crunch for thousands of businesses in the UK. Thankfully, HSBC Bank, further […]
National law firm Freeths has advised TIM Group Holdings (TGH) on the purchase of a subsidiary of lifestyle brand Joules Group, saving over 50 jobs. THG, a private equity house, founded by Tim Whitworth, which uses independent capital to invest in and partner with businesses, purchased the business and assets of The Garden Trading Company […]
The Bank of England predicts that the UK will be in a recession by the end of the year due to sharp increases in fuel and living costs and there is growing concern this could last for five quarters. Business owners are potentially facing a long period of uncertainty and are turning to their professional […]
Freeths LLP has expanded its Restructuring team with the appointment of Associate, Grace Millar, into the Birmingham office. Grace joins the Birmingham team after nearly 10 years at Weightmans, and specialises in corporate and personal insolvency, and commercial litigation. Freeths have experience in a wide range of sectors including media, technology, engineering, construction, manufacturing, leisure […]
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