Mandelson Firm Administrators to Review Ex-Envoy’s Transactions

Administrators to Peter Mandelson’s collapsed lobbying firm Global Counsel will review transactions made by the former UK ambassador to the US to see if there is anything they can claw back for creditors.

Joint administrators Interpath said the business was forced to shut in February after “multiple blue-chip clients terminated their relationships at short notice, resulting in a significant loss of revenue” that would have resulted in “technical insolvency.”