TLT to boost mortgage litigation offering with boutique acquisition
Bristol firm TLT is set to take over mortgage litigation boutique Glenisters. Two of Glenisters' partners, Gavin Dowell and Paul Heeley, joined the national firm this week (10 January), with all of Glenisters' Eastcote-based clients moving over to TLT and Glenisters - which has a turnover of approximately £1.5m - ceasing to trade.
January 11, 2011 at 01:50 AM
2 minute read
Bristol firm TLT is set to take over mortgage litigation boutique Glenisters.
Two of Glenisters' partners, Gavin Dowell and Paul Heeley, joined the national firm this week (10 January), with all of Glenisters' Eastcote-based clients moving over to TLT and Glenisters – which has a turnover of approximately £1.5m – ceasing to trade.
TLT is now consulting on the transfer and relocation of the remaining 15 fee earners and six support staff to either the firm's Bristol or London offices.
The consultation started in mid-December and is due to close at the end of this month.
Dowell specialises in complex property and lending-related litigation, while Heeley is a common law practitioner acting for a number of investment banks focusing on civil litigation and property matters. Glenisters' other partner, Judith Rockell, declined an offer to join TLT indicating she did not want to relocate.
The acquisition will add to TLT's mortgage litigation offering, which acts for clients including Barclays Bank, Bank of Ireland, JP Morgan and National Australia Bank. The team sits within TLT's seven-partner financial services practice led by Richard Waller.
TLT managing partner David Pester (pictured) said: "These appointments support TLT's strategic vision to grow both nationally and in our chosen industry sectors."
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