Freeth Cartwright LLP have provided the legal advice to professional services firm PricewaterhouseCoopers LLP, liquidators of West Midlands International Airport Limited, who this week successfully concluded the sale of the company’s assets to Patriot Aviation Limited, a company owned by Sir Peter Rigby.


Mark Hopkins, joint liquidator, PricewaterhouseCoopers LLP, said:  “We are pleased to have found a purchaser that has the continuation of the airport and the benefits it provides the local community as their primary concern and would like to wish Sir Peter and Patriot Aviation Limited all the best for the future. Whilst our search for a purchaser has taken several months, due to the importance of the airport to the tenants on site, businesses in the surrounding area and the local authority, we believe we have found a solution which provides the best outcome for all concerned.”

Simon Baigent, insolvency and restructuring partner at regional heavyweight law firm Freeth Cartwright's Nottingham office, who headed up the legal team that assisted the Liquidators complete the sale of the Airport added:  "The key driver in completing the sale was the willingness and desire of both parties to ensure that a solution was found that benefited the local community. We are delighted with the successful outcome of the negotiations with Sir Peter Rigby and join the Liquidators in wishing him and Patriot Aviation Limited every success with his plans for the Airport."