TITLE

LEADER

AUTHOR(S)
Power, Helen
PUB. DATE
February 2005
SOURCE
Lawyer;2/28/2005, Vol. 19 Issue 8, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article presents information related to Peter Crossley, managing partner of Hammonds. While there's nothing actually under the patio in Devonshire Square, Crossley has already had to deal with some unpleasant quirks in Hammonds' finances. Crossley's decision to hire PricewaterhouseCoopers to replace the incumbent auditors, two-partner Bradford firm Fletcher Greenwood & Co., certainly sends the right signals. There have been belated moves to shore up the capital structure. Hammonds had a capital call in late 2003, which saw partners stump up l2m pounds in extra capital contributions. As at January this year, the firm's overdraft stood at 31m pounds.
ACCESSION #
16510108

 

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