The situation at King & Wood Mallesons is coming to a head. Sources at the firm say that its beleaguered European arm is heading for a pre-packaged administration, the U.K. equivalent of bankruptcy, with negotiations already at an advanced stage. An announcement should occur in the second half of next week.
December 08, 2016 at 05:32 AM
1 minute read
The situation at King & Wood Mallesons’ beleaguered European arm is coming to a head.
Sources at the firm tell me that it is heading for a pre-pack administration, with negotiations already at an advanced stage. An announcement is likely in the second half of next week.
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