Bolton-based Asons to announce change in ownership

vendredi 24 mars 2017

The Bolton-based firm at the centre of a row over a local government grant has changed hands, the Gazette understands.

Asons Solicitors is understood to have been purchased by a company called Coop Law. The firm’s website is currently down, as is its Twitter feed.

Coop Law is thought to be owned by Irfan Akram. Asons’ previous owners were Imran and Kamran Akram. 

Asons, based in the Churchgate area of the city, was awarded a £300,000 grant last year under Bolton council’s emergency powers procedure. This procedure allows the authority to take ‘any action on behalf of the council in any cases of urgency’.

The firm’s accounts show a dispute with the tax authorities also quantified at £300,000 and a loss of more than £1m for the year to May 2015. There is no evidence linking the £300,000 dispute referred to in the accounts with the same sum handed to Asons for the building development work.

An independent audit into the grant carried out by KPMG is expected.

The Solicitors Regulation Authority said it had not heard from Asons about a change in ownership. 

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Bolton-based Asons to announce change in ownership

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