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Technical Changes To Provision Of Services - August 2014

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Technical Changes to the Provision of Services

Changes Made on 1 August 2014

Before the 1st August 2014, Petherbridge Bassra was a general partnership constituted under the laws of England and Wales. In common with other professional services firms, Petherbridge Bassra converted to a Private Limited Company under English law. We are now Petherbridge Bassra Solicitors Limited.

This change took effect on 1 August 2014. The business, assets and liabilities of Petherbridge Bassra (the partnership) were transferred to the Company as of 1st August 2014. The partnership ceased to trade on the 31st July 2014.

The practical effect of the change is simply that, from 1 August 2014, the client relationship will be with the new Company. The new Company is now responsible to clients for all new and current work, rather than Petherbridge Bassra (the partnership) or any of its partners.

Money held on client accounts are now run by Petherbridge Bassra Solicitors Limited. Information we hold about our clients has been transferred to Petherbridge Bassra Solicitors Limited, which now controls and is responsible for that information and will use it to continue to operate and conduct its practice.

Reasons for Change

The main reason for the changes is to enable us to trade with limited liability – we consider it is appropriate that it is only the firm’s assets that are at risk rather than the personal assets of our Partners. Converting to Company status does not affect the delivery or quality of service that we provide nor does it fundamentally change the way in which we operate or work with you. We remain committed to you and the service we provide. The conversion simply means that clients are being advised by a firm which has adopted a modern and transparent corporate structure. The interests of our clients will continue to come first.

Clients with Matters Current as at 1 August 2014

The business, assets and liabilities of Petherbridge Bassra (the partnership), which carried on the practice in England and Wales were transferred to Petherbridge Bassra Solicitors Limited on 1st August 2014 (the ‘transfer date’). This paragraph is only relevant to you if you were a client of Petherbridge Bassra (the partnership) prior to the transfer date in respect of a matter then current. In that case Petherbridge Bassra’s outstanding services on all matters for you which were current at the transfer date are to be carried out by Petherbridge Bassra Solicitors Limited. New terms and conditions of business apply to all work which Petherbridge Bassra Solicitors Limited is instructed to carry out on or after the transfer date. Existing terms and conditions which had been agreed with Petherbridge Bassra (as a partnership) in relation to our role, the services you have asked us to provide, the team working for you, costs, and timescales (or any other terms which have not been superseded by the new terms) will continue to operate as set out in your original retainer letter with Petherbridge Bassra (the partnership) but will now be terms of your contract with Petherbridge Bassra Solicitors Limited.

For the avoidance of doubt, all aspects of your relationship going forward are now with Petherbridge Bassra Solicitors Limited. If you would like a copy of Petherbridge Bassra Solicitors Limited Terms of Business please speak to your usual contact.

Additional Points

Petherbridge Bassra, Opus Law and Brimble & Co are trading names of Petherbridge Bassra Solicitors Limited. Petherbridge Bassra Solicitors Limited is a Company registered in England & Wales under Company number 9049249. The registered address is Vintry House, 18-24 Piccadilly, Bradford, BD1 3LS. A list of Directors is open to inspection at the registered office. We use the word ‘Partner’ to refer to a shareholder or director of the company or an employee or consultant who is a lawyer with equivalent standing and practice.

If you have any questions or concerns, please do not hesitate to speak to your usual contact or for general Company-related enquiries please contact Lisa Julian on 01274 724114.

Vintry House, 18-24 Piccadilly, Bradford
Tel: 01274 724114 Fax: 01274 724161
mail@petherbridgebassra.com

Authorised and regulated by the Solicitors
Regulation Authority: REGIS 613817

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