A Warwickshire law firm has expanded its debt recovery service by appointing a new team of experts from Birmingham.
Wright Hassall, based in Leamington, has brought in the team of four from Shoosmiths solicitors, to enable it to offer a wider range of services to its existing clients and to attract new business.
The appointments come after the firm revealed it acted on a deal to save one of Stoke-on-Trent’s most famous pottery producers.
Wright Hassall, which employs 220 people, advised Denby on the acquisition of Burgess Dorling & Leigh, which produces Burleigh pottery at the city’s Victorian pottery in Middleport.
The firm previously advised Valco Capital Partners, the private equity arm of restructuring specialist Hilco, on its acquisition of Denby Pottery in 2009.
Robert Lee, head of Wright Hassall’s corporate finance team, said: “Burleigh Pottery has a long and illustrious history not only in Stoke-on-Trent but far further afield.
“We are delighted to be involved in a deal which secures its long-term future and will see the brand prosper again.
“The acquisition involves the listed Middleport Pottery building, along with all company branding and trademarks.
“Denby is now planning to reinvigorate the brand, build on its existing successes, and end the insecurity which has surrounded the company for some time.”
Denby celebrated its 200th anniversary last year and employs more than 600 staff. Wright Hassall, which recently saw its turnover increase by eight per cent, continues to expand its debt recovery department.
Gill Payne, who was part of the Credit Today Litigation Team of the Year in 2009, has become head of debt recovery, while Steven Slatter joins as a solicitor.
Danielle Payne and Nicole Jackson take up roles as account collectors.
The department has launched its first new service – managing live portfolios – which gives them full responsibility for recovering debt on behalf of clients when individuals or businesses fall into arrears.
Sarah Perry, head of dispute resolution of the firm based in Olympus Way, said: “Gill and her team will be able to bring something new to Wright Hassall and one of the major benefits they are already finding is the strength of the litigation team.
“We have a large department with talented individuals and that will enhance our recoveries offer.
“The first new service Gill’s team is offering is the handling of live portfolios. It’s a new concept which takes a lot of hassle away from companies and gives debt collection responsibility to us – after we agree specific principles with the clients.
Nick Abell, senior partner of Wright Hassall, said: “We already had a strong debt recovery service in place – it was voted in the top band in the Legal 500 review last year – but we felt there was potential to do much more.”