Following an accelerated M&A process, Duff & Phelps sold the business and assets to Reynolds Catering Supplies Limited in a transaction which preserved the jobs of all 62 staff.
Duff & Phelps’ Allen Pfeiffer discusses global bankruptcy litigation trends in Financier Worldwide’s Bankruptcy Litigation Roundtable. Increasingly we have been seeing a trend toward successful mediation and mediators with experience in bankruptcy in particular, working with the parties toward a consensus without too much litigation. Testifying experts and other consultants have also advised their clients on the reasonableness of the mediation terms.
As Administrator, Duff & Phelps sold majority of the business and assets to Hilding Anders Holdings Limited, saving the jobs of over 100 employees.