Get your Magic Circle-meets-Geordie Shore quips ready as Clifford Chance (CC) has made a surprise acquisition of Carillion’s pioneering in-house legal arm.
The Newcastle-based business Carillion Advice Services (CAS) was put up for sale following the collapse of its Wolverhampton-headquartered parent in January in one of the largest UK insolvencies for years. Carillion filed for liquidation after talks with its creditors and the government failed to reach a deal on Carillion’s £1.5bn liabilities.
