Pragma Lawyers advises in sale of Kirkwood Deli

By 3 February, 2023 No Comments

Kirkwood Deli has been a Swanbourne institution for decades and sold gourmet food, fresh produce, bread, flowers, barista-made coffee and chef prepared take-home meals.

The company that operated the Deli was placed into liquidation on 8 December 2022 and caused disruption to the local community.

HLB Mann Judd insolvency practitioners Kim Wallman and Greg Quin working together with Pragma Lawyers managed to effect a sale by 20 January 2023 with the assistance of Nick Malone, Lauren Evans and Aaron McDonald from our office. The purchasers are established hospitality providers Anthony Iemma of Coogee Continental Deli and Michael Turner of Just Ripe fruit & vegetable wholesalers.

“We are thrilled with the outcome and the work that was done behind the scenes that made the transaction swift, seamless and easy. Communication was great and we knew where we stood at every stage and what progress was being made even over the Christmas break,” commented Mr Anthony Iemma, Owner of Coogee Continental Deli.

Partner of HLB Mann Judd (Insolvency WA), Mr Greg Quin said:

“We were pleased to be able to achieve a swift outcome with this sale, particularly in light of the process occurring over the Christmas break. With the prompt support of the team at Pragma Lawyers and the cooperation and commercial approach adopted by Anthony Iemma, Michael Turner and the existing landlord, we were collectively able to minimise the closure period for the local community.”

Whilst the transaction is relatively small by a legal standard, Pragma Lawyers is pleased to have assisted in restoring vibrancy to this popular site.