KWM seeks to delay administration process
King & Wood Mallesons LLP (KWM) has filed its second notice of intention to appoint administrators, as the firm looks to its China partnership to hire fee-earners and staff from the failing EUME business. The notice will provide an additional 10-day delay to allow the firm to work on the deal, following today’s expiration of the first notice, filed on 22 December.
AlixPartners is expected to be appointed as administrators, while CMS Cameron McKenna is serving as advisor for the administration process. KWM’s China arm is in talks regarding the potential hire of lawyers and staff in the UK, Germany, Spain, Italy, and Dubai.