Jameson Smith & Co Ltd

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Thursday 6 October 2011

First Quartile Limited Complete Pre-Pack Administration:

A marketing company (First Quartile Limited) to brands such as JP Morgan, AXA & Prudential has finished a Pre-Pack Administration and is to be sold to a London-based agency.

MacIntyre Hudson were appointed as Administrators earlier this month.

A Pre-Pack Administration can be a much cleaner process as it gets rid of the retrospective liabilities attached to the legal entity, allowing for a clean start going forward.

To find out more about insolvency solutions and some of the services available to your company contact us.