Lovells takes lead on administration of Threshers parent company

Lovells has taken the lead role on the administration of off-licence retail chain First Quench Retailing, the parent company of Threshers and Wine Rack. The company went into administration yesterday (29 October) after weeks of speculation, putting more than 6,000 jobs at risk across the company's network of stores. Administrator KPMG said that it is aiming to sell First Quench - which includes around 1,200 Threshers outlets - as a going concern. No shops have been closed immediately.

Lovells takes lead on administration of Threshers parent company legalweek.com Sat, Oct 31, 2009