RollOnFriday can exclusively reveal that Halliwells is negotiating the sale of its business to Hill Dickinson, in a deal that would lead to the firm's dissolution.
The firm's increasing woes were made very public this week when Manchester paper Crain's got the scoop that Hill Dickinson was lining up a deal to buy Halliwell's assets (ironically enough, the paper has since gone into administration itself). Since then, insiders have confirmed to RollOnFriday that the firm is planning a deal in which Halliwells would dissolve resulting in the complete disappearance of its brand. If the plan does goes ahead, it is expecting to take place some time over the next week or so.
Halliwells has lurched from crisis to crisis over the last year. 10% of its partners resigned in a matter of weeks last autumn, all its Healthcare partners bar one jumped ship to Beachcroft in February, and eight partners and 70 other staff resigned to set up Kennedys' new Sheffield office. Things have got so bad that the firm has had to resort to seeking damages from its competitors, and even an invitation to some leaving drinks was met with vitriol.
Neither Halliwells nor Hill Dickinson would comment.
Tip Off ROF
The firm's increasing woes were made very public this week when Manchester paper Crain's got the scoop that Hill Dickinson was lining up a deal to buy Halliwell's assets (ironically enough, the paper has since gone into administration itself). Since then, insiders have confirmed to RollOnFriday that the firm is planning a deal in which Halliwells would dissolve resulting in the complete disappearance of its brand. If the plan does goes ahead, it is expecting to take place some time over the next week or so.
Halliwells has lurched from crisis to crisis over the last year. 10% of its partners resigned in a matter of weeks last autumn, all its Healthcare partners bar one jumped ship to Beachcroft in February, and eight partners and 70 other staff resigned to set up Kennedys' new Sheffield office. Things have got so bad that the firm has had to resort to seeking damages from its competitors, and even an invitation to some leaving drinks was met with vitriol.
 |
Halliwells yesterday |
Neither Halliwells nor Hill Dickinson would comment.