Birthdays Limited sells 196 greeting card stores to Clinton Cards
Clients Zolfo Cooper
Jones Day London advised Zolfo Cooper, the Administrators of Birthdays Limited, on Clinton Cards' purchase of 196 stores within the Birthdays greeting cards chain.
Birthdays' 332-store chain was put into administration by its parent company, Clinton Cards. Jones Day acted for the administrators. Clinton Cards bought back a large proportion of the stores, securing jobs for 1450 of the 2100 employed at the company and ensuring the Birthdays name is retained on the high street.