Poundworld administration - what happens next?

Poundworld is just the latest retail giant to go into administration. Nathanael Young, senior associate in the Commercial Litigation & Dispute Resolution Department at SA Law, asks what happens next.

Another week, another administration. When Woolworths closed its doors a decade ago, it seemed extraordinary that such a well known high street name could disappear without a trace. In recent years, such failures seem almost routine. It was resignation, rather than shock, that greeted the news Poundworld had gone into administration.

In this piece in the Financial Director, Nat Young explains what can happen to companies after entering administration.

Read the full article in the Financial Director.

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If you would like more information or advice relating to this article or a Commercial Litigation & Dispute Resolution law matter, please do not hesitate to contact Nat Young on 01727 798034.
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