Legal Business

Dealwatch: Insolvencies provide work for CC and Gateley

  • Skadden, Arps, Slate, Meagher & Flom advised food chain Pret A Manger as it agreed to acquire all of Eat’s 94 shops for an undisclosed sum. The London team was led by corporate partners Richard Youle, Katja Butler and Linda Davies. Freshfields Bruckhaus Deringer also advised Pret on antitrust while Travers Smith acted for the selling shareholders.

  • Gateley fielded insolvency partner Daniel French to act alongside administrator KPMG after Jamie Oliver’s restaurant business collapsed. The insolvency will see 22 of the 25 eateries close, resulting in 1,000 job losses.