Administrators from PwC and Chantrey Vellacott have teamed up to take on the
liquidation of international law firm Marrache & Co.
Adrian Hyde, partner in business recovery at Chantrey Vellacott and Edgar
Lavarello a partner at PwC in Spain were appointed joint liquidators of the
Gibraltar based firm.
Hyde said: “This is a high profile, international appointment and the
opportunity to work closely with PwC and the FSC to minimise the disruption to
this otherwise healthy financial market is a very satisfying assignment.”
Marrache & Co has office in Spain, London, Gibraltar, Portugal Luxembourg
and Czech Republic. The firm operates a trust company and a corporate management
business as well as providing a range of corporate and private client legal
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children