Media statement regarding sale of Nightingale Club Limited (In Administration)
Tuesday, 20 December, 2011 - 11:56
20 December 2011
STATEMENT FROM ZOLFO COOPER: SALE OF NIGHTINGALE CLUB LIMITED (IN ADMINISTRATION)
On 18 November 2011, Ryan Grant, Simon Wilson and Anne O’Keefe, Partners at Corporate Advisory and Restructuring specialists Zolfo Cooper, were appointed Joint Administrators of Nightingale Club Limited (the Company).
Following the appointment, the Administrators continued to trade the business and have now secured a sale of the Nightingale nightclub as a going concern to Westbourne Leisure Limited who are Midlands based operators that specialises within the licensed trade industry. Following the sale, the business will be traded by Westbourne Leisure Limited’s trading partners Darren and Lawrence Barton. The business will continue to trade as normal and all staff will continue to be employed under the new owners.
Ryan Grant, Partner at Zolfo Cooper said: “We are extremely pleased to have secured the sale of the Nightingale which puts it on a firm footing for the future; this is great news for all its loyal customers. We wish the club and its new owners all the best for their combined future.”
For all media enquiries, please contact:
Hill & Knowlton
Edward Jones or Joanna MacAdie
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About Zolfo Cooper
This press release and “Zolfo Cooper” refer to Zolfo Cooper LLP. Zolfo Cooper LLP is a leading international provider of corporate advisory and restructuring services. Headquartered in London, with offices throughout the UK and affiliations in North America, The Caribbean, Continental Europe, Asia and Australasia we have extensive experience of assisting companies and their stakeholders across a wide range of situations from complex-cross border cases through to mid-market engagements.