McDermott Comment | Made.Com Enters Administration With Loss Of 399 Jobs As Next Buys Brand - McDermott Will & Emery

McDermott Comment | Made.Com Enters Administration With Loss Of 399 Jobs As Next Buys Brand

Overview


Sunay Radia, a partner at law firm McDermott Will & Emery, said:

“Made.com was a victim of the current combination of supply chain difficulties and unavailability of funding due to the tight capital markets. This is likely to be the first of a number of upcoming insolvencies which will present value opportunities to cash rich investors and trade buyers.”