200 jobs lost as Liverpool legal firm collapses

Pure Business Group, a Liverpool firm which handled civil legal claims, has collapsed into administration. Pure comprised two law firms, costs drafting and recovery, litigation funding provision and claims management operations. It also included a division offering claims handling services to the insurance industry as well as a sports management businesses. The insolvency is a drastic turn for the company, which just this past July announced that it had secured a new eight-figure funding line with Sandfield Capital intended to deliver dominant market-share. More from Liverpool Business News.