CENTRAL LONDON County Court has confirmed Top 20 firm Kingston Smith is due to meet former partner Tim Bramston next year over hundreds of thousands of pounds the firm believes it is owed from him.
Kingston Smith is pursuing money owed for work in progress when Bramston left the firm at the end of 2008. He currently works at Griffins Insolvency Practitioners.
Kingston Smith claims it is owed £381,818.92 plus expenses and interest, at an estimated daily rate of £83.69.
Both Bramston and Kingston Smith are due to meet with a judge on 11 February in a case management conference to discuss how the case will proceed, how long the hearing could take and if any experts will be needed. It is believed a hearing date will be set at this meeting.
Accountancy Age understands approximately 80% of Bramston’s initial debt was repaid with this current figure representing the outstanding charge. It is alleged that a lower offer on the remaining balance was made, which Kingston Smith declined.
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