Overview
- The SRA moved on 4 February to intervene in 11 entities with 30 trading names following PM Law’s abrupt closure on Monday.
- John Owen of Gordons was appointed intervention agent to secure client files, funds and ongoing matters.
- Roughly 600 employees were left without work or access to systems after staff were told not to attend and offices went dark.
- Clients reported stalled property completions and uncertainty over documents as office notices cited “regulatory matters.”
- Companies House filings to 31 October 2024 show £3.1m in creditors and £6.2m in debtors for the group, with many brand websites offline.