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Story summary
- Global Counsel entered administration in February 2026 with £4.6 million in liabilities.
- The firm lost major clients such as TikTok, Palantir and GSK after disclosures of Lord Peter Mandelson’s historic contacts with convicted sex offender Jeffrey Epstein, which helped trigger its financial collapse.
- HM Revenue and Customs is the largest external creditor, owed £645,789.
- About 100 employees are collectively owed roughly £2.6 million after the firm’s failure.
