KWM managing partner and CFO to lead team of more than 50 staff staying on for wind-down
Administrators pay staff staying on to work on administration process
January 19, 2017 at 02:19 PM
3 minute read
The administrators of King & Wood Mallesons' (KWM) European arm have put together a team to work on the wind-down of the legacy SJ Berwin business, with more than 50 KWM staff agreeing to stay on and help with the process.
Europe, UK and Middle East (EUME) managing partner Tim Bednall and CFO Michael Boot are heading up the team of 50-70 staff who will work with the administrators to tie up the loose ends of the business.
All staff kept on have now been paid by Quantuma, which was formally appointed as administrator earlier this week.
Meanwhile, Ashfords head of professional and financial risks Sam Palmer, who has been brought in by Quantuma to manage the billing and collection of remaining files and the allocation of client monies, has written to all ex-partners to remind them of their ongoing responsibilities with regards to client matters, after concerns were raised by Quantuma about confidential client information.
A source close to the matter said: "A warning is being sent to all, without pointing fingers at individuals."
KWM Europe filed for administration this week (17 January), in a move that represents the end of the line for the legacy SJ Berwin business and the biggest ever UK law firm collapse.
The administrators are being co-advised by CMS Cameron McKenna partner Rita Lowe and Steven Cottee of Pinsent Masons.
Separately, KWM's China arm has agreed deals with more than 30 partners to stay on and maintain a Europe and Middle East presence for the firm, including seven who will maintain a London presence for the firm, covering corporate, finance and disputes, as well as others in Frankfurt, Dubai and Riyadh.
KWM's Madrid and Milan offices – both of which operate as legally separate entities to the EUME business – are also expected to stay with the firm. The firm's Brussels office, which has just one partner, Ramon Garcia-Gallardo, is also expected to join the new EUME platform as an affiliated office, while it is understood that one Paris partner is in discussions to remain with the firm.
As a first step towards this integration, all of the remaining partners will fly to China in February to attend KWM's annual partner meeting which, this year, will devote a significant amount of time to looking at how to relaunch the firm across Europe and the Middle East.
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All![German Court Orders X to Release Data Amid Election Interference Concerns German Court Orders X to Release Data Amid Election Interference Concerns](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://images.law.com/international-edition/contrib/content/uploads/sites/392/2023/10/AdobeStock_627004176_Editorial_Use_Only-767x633.jpg)
German Court Orders X to Release Data Amid Election Interference Concerns
![De Brauw Partner Departs for In-House Role with Swiss Family Enterprise De Brauw Partner Departs for In-House Role with Swiss Family Enterprise](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://k2-prod-alm.s3.us-east-1.amazonaws.com/brightspot/9e/5e/11bbd7bf41a0a31b0d0609e2c76f/sven-dumoulin-new-chief-legal-officer-cofra-holding-767x633.jpg)
De Brauw Partner Departs for In-House Role with Swiss Family Enterprise
![Hengeler Advises On €7B Baltica 2 Wind Farm Deal Between Ørsted and PGE Hengeler Advises On €7B Baltica 2 Wind Farm Deal Between Ørsted and PGE](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://images.law.com/international-edition/contrib/content/uploads/sites/399/2024/05/Energy-source-767x633.jpg)
Hengeler Advises On €7B Baltica 2 Wind Farm Deal Between Ørsted and PGE
2 minute read![DLA Piper Partner to Head Up Two New Dentons Practices in Brussels DLA Piper Partner to Head Up Two New Dentons Practices in Brussels](https://images.law.com/cdn-cgi/image/format=auto,fit=contain/https://k2-prod-alm.s3.us-east-1.amazonaws.com/brightspot/bb/11/7a03243b414fb49eb650989249eb/vos-debievre-767x633-1.jpg)
Trending Stories
- 1States Accuse Trump of Thwarting Court's Funding Restoration Order
- 2Microsoft Becomes Latest Tech Company to Face Claims of Stealing Marketing Commissions From Influencers
- 3Coral Gables Attorney Busted for Stalking Lawyer
- 4Trump's DOJ Delays Releasing Jan. 6 FBI Agents List Under Consent Order
- 5Securities Report Says That 2024 Settlements Passed a Total of $5.2B
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250