SEARCH IN BRIEF

 
UK architecture practice Sidell Gibson ceases trading

London-based Sidell Gibson Architects have ceased trading and expect to enter liquidation “in the next few weeks”.

“Declining revenues over the past three years combined with the recent postponement of two major pipeline projects, has meant we have taken the decision to go into liquidation in the best interests of our staff and creditors. All staff have been fully paid to date and will receive redundancy and holiday pay entitlements,” founder Ron Sidell said in a statement.

The 40-year-old practice called in accountants and business advisers Baker Tilly Restructuring and Recovery on Monday, it said.

The firm’s website became unavailable after the news was announced.

“It is with huge sadness that, after some 40 years, we have had to take this decision. I personally, together with Cate Thomas and Geoffrey Barrett, have committed significant funds to try and carry Sidell Gibson through the downturn in project income but we cannot hold on any longer. What is important to me now is that, with the exception of the Partners, all the staff have been fully paid,” he added.

IN BRIEF
Wednesday 07 August 2013
Robert A.M. Stern Architects issues 2015 RAMSA travel fellowship: call for proposals
Wed 28 Jan 2015
First 21st Century Pavilion to debut at the 56th Venice Biennale in 2015
Wed 28 Jan 2015
RHWL joins Aedas
Wed 28 Jan 2015
St George welcomes NAWIC to Battersea Reach
Fri 23 Jan 2015
Architecture for Humanity files for bankruptcy
Wed 21 Jan 2015
Rogers Stirk Harbour + Partners announced their new office, releasing the film ’The Leadenhall Building’
Wed 21 Jan 2015
HOK Completes acquisition of 360 Architecture
Thu 15 Jan 2015
Broadway Malyan celebrates first built project in the Americas
Thu 15 Jan 2015