Background

Chump & Sons served as the company behind the hit Amazon series, and successor of legendary show Top Gear, The Grand Tour, featuring Jeremy Clarkson, James May and Richard Hammond. Following completion of the final season of the show, FRP were engaged to assist with the solvent wind-up of the company’s operations through a member’s voluntary liquidation.

Action

FRP’s Restructuring Advisory team, led by Ben Stanyon, acted as Liquidators in the solvent liquidation, affecting a swift capital distribution of the retained profits of the company to the high-profile shareholders, leaving them ready to move on to other television projects.

Outcome

FRP’s involvement led to a streamlined and effective members’ voluntary liquidation process, ensuring that all legal and financial requirements were meticulously followed. Our team’s efforts maximised returns, enabling the shareholders, including Clarkson, May, and Hammond, to seamlessly transition to new ventures and projects. Ultimately, FRP’s intervention ensured a smooth and compliant exit strategy for all parties, concluding W. Chump & Sons’ operations with optimal outcomes for its stakeholders.