IFLR1000

Poundworld administration

22/6/2018
Administration
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Announced

22/6/2018

Overview:

  • Poundworld went into administration on June 11.
  • The administration procedure was filed after it became clear talks with a potential buyer had failed.
  • The administrators from Deloitte will continue on searching for buyer for at least a part of the assets.

Daniel Semerdzhiev - Data Analyst

Jurisdiction:

United Kingdom

Deal type:

Administration

Practice area:

Restructuring and insolvency

Governing law:

England and Wales

Industry sector:

Consumer goods and services

Firm:
DLA Piper

Party: Poundworld (Debtor)

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