Law firms Parabis collapse update: Creditor dividend halved, latest report reveals Legal Business · 1 July 2016 · 2 min read Parabis Group An administrators’ progress report for the now-defunct Parabis Group, published this week on Companies House, showed that unsecured creditors will receive only half of what was already a dismal return on their outstanding debts.Your limit of 1 article in 30 days is up. Please login for full access or subscribe. Corporate users - click here for simple access (no password needed). For more information, please contact [email protected] Related ContentMore in this categoryFailure to integrate: Administrators blame poor consolidation for Parabis collapse as unsecured creditors to lose almost £50mLaw firmsLegal Business6 Jan 2016Parabis carved up in £50m pre-pack administrationLaw firmsLegal Business4 Dec 2015Parabis founders take £4m loan to complete Plexus MBOLaw firmsSarah Downey25 Nov 2015Revolving doors: Simpson Thacher, Latham, Sidley lead New Year London movesLaw firmsAnna Huntley9 Jan 2025Five partners vie to succeed Hoyland as Simmons managing partnerLaw firmsTom Cox7 Jan 2025‘Seize every opportunity’ – Paul Hastings partner Reena Gogna on City law, Suits and poetryLaw firmsAnna Huntley7 Jan 2025Former Freshfields senior partner among recipients in New Year Honours ListLaw firmsTom Cox2 Jan 2025Kramer Levin’s Paris office joins Morgan Lewis amid HSF merger dealLaw firmsTom Cox20 Dec 2024Hogan Lovells joins top firms in £3.6bn Royal Mail takeover as UK govt approves bidLaw firmsTom Cox19 Dec 2024