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Call to close will-writing firms

Three companies involved in the provision of wills and trusts writing services face closure following an investigation by the Insolvency Service. Minster Legal Services (UK) Limited and Legal Assistance Limited – both based in Gainsborough, Lincolnshire – and Legal Assistance 4 U Limited, trading from Newark, Nottinghamshire, operated nationwide using telesales staff to cold call members of the pubic in the hope of persuading potential customers to accept a home visit from a self-employed ‘legal consultant’ who would then promote the companies’ products.

17 October 2011

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Petitions to wind up the companies were presented following an inquiry carried out by Company Investigations, part of the Insolvency Service, under section 447 of the Companies Act 1985, which covers the power to require documents ?and information.

The Official Receiver has been appointed provisional liquidator of all three companies. The role of the provisional liquidator is to protect assets in the possession or under the control of the company pending the determination of the petition. The provisional liquidator also has the power to investigate the affairs of the company insofar as it is necessary to protect the assets including any third party or trust monies or assets in the possession of or under the control of the company.

The case will be heard in the High Court on 20 October 2011. n

Categorised in:

Wills, Trusts & Probate