PHC Law bought out of administration

Preston-based personal injury firm PHC Law has been bought out of administration, saving seven jobs.

PHC Law was founded in 2001 by Philip Cuerden who died unexpectedly in March 2019. Chris Wood and Craig Porter, both solicitors at PHC Law, became caretaker directors and have now purchased the business and renamed it Porter Wood Solicitors.

Jeremy Oddie and Julie Webster from Mitchell Charlesworth were appointed joint administrators on 23 December 2019 and oversaw the pre-pack sale.

Chris Wood, director at PHC Law said: “We are delighted to have bought the business, safeguarding the jobs of our loyal and dedicated employees and ensuring continuity for our clients.

"Having worked for PHC Law for over 15 years, we look forward to carrying on the ethos installed in the firm by Mr Cuerden, providing a dedicated, caring and professional service to our clients. We will continue to offer specialist advice to clients and represent their interests as Porter Wood Solicitors.”

• For further Lancashire business news, advice and analysis subscribe to Lancashire Business View or join the LBV Hub from just £2.50 per month. Click here to subscribe now.