The Law Practice acquires the client portfolio of Rebus Investment Solutions Limited
National law firm, The Law Practice (UK) Limited (TLP), has acquired the client portfolio of Rebus Investment Solutions Limited (Rebus) from the administrator (ReSolve Group) following the company being placed into administration on 28 January 2016.
TLP were advised throughout the acquisition process by Jason Oakley managing director of London based Mantra Capital.
The Rebus client portfolio comprises of some 1,800 high net worth individuals and celebrity names involved in pursuing complex claims for compensation for financial services mis-selling.
Paul Harris, managing director of TLP commented:
“TLP has been looking to make key acquisitions in the legal sector and the Rebus client portfolio presented an ideal opportunity. When TLP was approached by ReSolve Group to put forward proposals to acquire the client portfolio, the senior management team considered this an opportunity in this market place. ReSolve Group were seeking an established solicitors practice who could immediately give the necessary levels of client care and expertise and be able to meet the stringent time limits on recovering client damages to ensure that the claims by the Rebus clients are secure.
“I will be writing to each individual client personally to welcome them to the TLP brand and introduce them to the team dealing with their claims. In addition to this a series of client seminars are being arranged where clients can meet the team and deal with any issues on their particular claim. A dedicated administration centre is being established in London to specifically deal with the clients transferring to TLP and new clients instructing us in this particular area of law”.
