Former Jessops chairman blames HSBC for collapse Jessops' administration threatens up to 2,000 jobs. HSBC has said that the bank has not received any "creditable approach" to purchase its debt and/or equity positions in Jessops. The criticism from Mr Adams came as Jessops stopped taking sales through its website. A note on the site warned: "Please note that the Jessops website will not currently process orders." Legal experts were also warning landlords could be left severely out of pocket by the collapse of the chain. Nick Martyn, property litigation associate at Mundays law firm, said: "It appears that a decision on Jessops" store closures will be taken within the next few days and therefore landlords will need to act quickly to review their options. In devising a strategy, landlords will need to consider the terms of their lease and their rights under it. If the premises can be easily re-let then the landlords may decide that a better commercial option is to seek to recover possession of the premises unilaterally or by agreeing a surrender with the administrator.