a LAW firm behind thousands of compensation claims for injured miners worth millions of pounds has been bought out after going into administration.
Keypoint Law LLP, which was formerly known as KP Realisations and before that Beresfords Solicitors, has now been bought by Mysolicitor.com Limited, after getting into financial difficulties.
James Beresford and Douglas Smith who initially set up the firm Beresfords Solicitors were struck off after a tribunal in 2008 ruled they charged “unacceptable” fees of up to 30 per cent in cases for sick miners.
My Solicitor.com is co-owned by an Esther Rea, who according to Companies House was a director of KP Realisations. Beresfords started in humble beginning in offices in Balby before moving to smart premises in Lakeside.
It acted in more than 83,000 cases of chronic obstructive pulmonary disease and over 14,500 cases of vibration white finger claims for injured miners, many of which worked in the borough’s pits.
Mr Beresford and Mr Smith raked in earnings of £23 million between the two of them in 2006 alone.
Joint administrators Rob Sadler and Bob Maxwell of Begbies Traynor confirmed the sale to Mysolicitor, meaning 22 staff were saved from job losses.
Keypoint Law, which specialised in financial mis-selling, personal injury, industrial disease and road traffic accident claims was placed in administration on January 18, this year.
It has now transferred client files to Mysolicitor.com Limited, which is based in Quay Point in Lakeside Boulevard, Doncaster.
A spokesman for Keypoint Law said: “Mysolicitor.com Limited has acquired the assets and client responsibilities of Keypoint Law LLP.
“This follows many months of trying to find a long term solution to provide the best possible service to clients.
“With the current challenges and uncertainties facing the legal sector no other firm could be located that wished to take on all of the responsibilities of a successor practice.
“This acquisition allows the same staff to continue to offer the same excellent service to clients.”