News Stories

Brabners Chaffe Street advisory role lands legal panel appointment
15/04/2009

North West law firm Brabners Chaffe Street has advised the Manchester based legal team of financial services provider AWD Group PLC on the sale of Read Independent Financial Advisers Limited to management for an undisclosed sum.

The sale is an integral part of a strategic review by the group - part of the Europe`s largest IFA, the DAX-listed AWD AG - which has included the disposals of its internet business moneyextra.com and its Leicester-based mortgage advisory subsidiary, AWD Home Finance Limited.

Brabners Chaffe Street`s Manchester based corporate team, which has advised throughout the process, has now been appointed to the firm`s panel of legal advisors.

Sam Mabon, Partner in the Corporate team at Brabners Chaffe Street, said: "This is the culmination of a thorough strategic review by the firm which will enable it to concentrate on core operations and consolidate its market leading status.

"Our appointment to the group`s legal panel is also an important milestone for Brabners Chaffe Street in a mutually strong relationship."

Mark Broadhead, Legal and Regulatory Director of AWD Group PLC, said " The past 18 months have been an intense period of the change and investment in the AWD Group in the UK, and we are pleased to have cemented the strong working relationship with the team at Brabners Chaffe Street by this appointment to our new legal panel. "


Back to the news headlines