Halliwells: picking at the carcass
The battle to claw back monies from ex-equity partners has put creditors and former fixed-share partners at loggerheads.
This sale-and-leaseback agreement is at the heart of the battle raging between the firm’s partners. Tensions are mounting in the fight between the liquidators of Halliwells and the failed firm’s former equity partners as the battle to recover funds owed to creditors heats up.
Sources close to the case said a war of words had erupted between Addleshaw Goddard partner Alison Goldthorp, who has been instructed by BDO liquidators Dermot Power and Shay Bannon, and Peters & Peters partner Keith Oliver, who is representing 30 of the firm’s 32 former equity partners, over efforts to recoup £21m collected by the partners through a controversial reverse premium property deal.