More deliberation and responsibility needs to be brought to transactions by dealers, buyers and sellers in the classic car world, London law firm Healys has warned.
This is following the news announced this week (11/09/2018) of the appointment of Alvarez & Marsal as administrators to the troubled historic car sales, restoration and preparation business JD Classics which had previously been perceived as a beacon in the sector.
Clive Robertson, who heads Healys' classic car group, said: that whilst the administratorsare reportedly hoping to find a buyer for the business, there will be "considerable concern amongst a ...