DLA Grabs Latest Restructuring Mandate as Beales Enters Administration
The firm has won several mandates in recent mandates as the U.K. high street continues to struggle.
January 21, 2020 at 05:09 AM
2 minute read
DLA Piper has secured a role advising on the administration process of U.K. department store Beales.
The firm is advising KPMG, which has been appointed as the administrators for the retail chain. Leeds-based restructuring partner Barney Smedley is leading for DLA.
Beales has been facing financial difficulties since December, when it instructed KPMG to look into its finances.
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