Tag: Administration

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Media Appearance: LEXLAW’s M Ali Akram on Comet Administration (Sky News)

LEXLAW’s M Ali Akram, who practises insolvency law at the firm, was interviewed by Joel Hills live on Sky News Business and also featured in a report by Sky News’…

comet administration

Comet Administration highlights ‘Inequity of Legal Arms’

Sky News interviewed our Insolvency Team’s senior partner on the Comet Group collapse into administration. The administrators’ proposals revealed that while secured creditors were set to recover only about a third of their debts, unsecured creditors—including HMRC, employees, and customers—would receive less than 1p in the pound.