Youngs LAW Ltd (09051815): administration
- Status
- Administration ended
- Administration began
- 2023-09-15
- Administrators' firm
- Quantuma
- Formerly
- Young and Co Solicitors Limited
- Incorporated
- 2014-05-22
- Location
- Brighton
- Industry
- 69102 Solicitors
Why it went into administration
- Regulatory change or action
From the administrators' statement
Quantuma Advisory Limited was first approached by the directors in June 2023, and was formally instructed on 21 June 2023 to assist with the managed wind down of the Company via an Administration process.
Given the regulated nature of the business, the live clients needed to be onboarded by another law firm before the Company could be placed into Administration.
To assist with this process Recovery First (“RF”), a firm of agents that specialise in assisting law firms in the transfer of files to alternative solicitors, was instructed by the directors in respect of the PI and CN book.
Administrators' statement of proposals (2023-10-31) · Companies House register