This is what happened to Phillips, Green & Murphy Solicitors, previously based in Haverfordwest (Image: Google)
According to the published records, Phillips Green Limited traded under the names Phillips Green & Murphy Solicitors and PGM Solicitors, names that may be familiar to Pembrokeshire residents and businesses who used legal services in the county.
A creditors’ voluntary liquidation is a formal insolvency process used when those responsible for a company conclude it is unable to continue operating because of its financial position. A licensed insolvency practitioner is then appointed to take control of the company’s affairs and deal with its assets and liabilities in accordance with insolvency legislation.
The insolvency…