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Leagas Delaney takes new identity.
Leagas Delaney has assumed a new identity and put its former operation into administration following a turbulent three years.
The chairman, Tim Delaney, described the move as a 'balance sheet restructuring to streamline our reorganisation'. The agency in fact changed the names of its main trading companies from Leagas Delaney Group and Leagas Delaney London to TM Limited and TM London in December and set up new companies in their place.
TM London Limited appointed administrators from Grant Thornton on 18 December. Creditors were sent a letter on 23 December asking for details of their claims and a creditors meetings will be held in due course.
A new company called Leagas Delaney - London Limited, set up on 4 December by the Leeds office of lawyers Pinsents, is now operating.
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