City firms pile in as Arcadia declines Mike Ashley’s loan offer
Update: Deloitte was appointed as administrators on Monday evening, with Freshfields and Brown Rudnick both set to advise on the next steps. Arcadia has declined a £50m lifeline loan from Frasers Group, as Philip Green’s retail empire – advised by Freshfields Bruckhaus Deringer – continues crunch talks over its future. Freshfields’ restructuring partners Neil Golding […]