DWF shows Cobbetts' senior partners the door

March 1, 2013 RollOnFriday reports that five senior Cobbetts partners have been shown the door, after the ailing firm was taken over by DWF.

The partners haven’t yet been identified, but are described by an insider as some of the firm's "most senior, well respected and most talented partners".

The deal that ‘saved’ Cobbetts is resulting in numerous job casualties throughout the firm, with the majority of support staff reported to be in a redundancy consultation.

Meanwhile, things aren’t looking good for the firm’s unsecured creditors, who are owed £41m but are likely to recover just two pence in the pound.

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