Southend United’s chief executive, Steve Kavanagh, assures fans that the winding-up petition, issued by London law firm Dechert LLP, will be resolved.
Southend to Ensure Winding up Petition is Dismissed
“The issue surrounds a legal firm’s fees, incurred at short notice and therefore at a high cost. This was over five years ago defending, ironically, an HM Revenue & Customs winding up petition.
Discussions have gone on over a long period and it’s disappointing that this has now happened. I imagine the group changing legal advisers probably hasn’t helped.
Funds are in place to ensure this is dismissed. We do not take these matters lightly, but our main focus continues to be winning on the pitch and achieving promotion to League One.”
The club is due to go the Companies Court on 30 March 2015.
Southend United have previously faced winding-up petitions issued by, Her Majesty’s Revenue and Customs (“HMRC”). The Chairman, Ron Martin, has said the petitions were the result of over-zealous behaviour by HMRC.
Winding-up Petition Solicitors
If you have received a winding up petition our legal experts are able to provide legal advice and representation. Our team of solicitors and barristers can obtain a court adjournment; CVA’s or successfully challenge the validity of the winding up petition to ensure that the petition is dismissed, often without public advertisement.