Funding lifeline for Simpson Millar owner
Bank AIB Group has moved debt owed by Fairpoint Group, the listed business behind the Simpson Millar law firm brand, to a specialist provider of capital to law firms.
Last week, consumer professional services company Fairpoint suspended trading in its shares on AIM after AIB refused to provide ongoing financial support.
This meant the Lancashire group was unable to sign-off the audit of its annual report and accounts for 2016, and was not be in a position to publish its annual report and accounts by the end of June, as required ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
