Gilliam & Soame, which has been taking potraits of school children around Britain since 1840, has been saved following a management-buyout. Read More...
View articleNew R3 president John Verrill has announced controversial plans to shake-up the insolvency profession as he begins his year at the helm of the Associa...
View articleReforms to the international insolvency regime are 'stuck in the mud' more than two years after the finalisation of the UNCITRAL model law. Read More...
View articleKmart has been rescued from bankruptcy two months earlier than planned after selling 600 of its stores and reducing its debts by 80%. Read More...
View articleDisgraced telco WorldCom is looking to wipe off the mud of its $11bn accounting fraud with several new product launches in Europe, under its new 'old'...
View articleCreditors of collapsed telecommunications and equipment maker Marconi are expected to vote in favour of its £4bn refinancing on Friday. Read More...
View articleAn insolvency practitioner has had his license immediately removed after being convicted of conspiracy to defraud creditors by the Blackfriars Crown C...
View articleCelebrity chef Raymond Blanc is attempting to retain his 50% stake in brasserie chain Le Petit Blanc as administrators at Kroll try to sell the compan...
View articleCreditors face receiving lower returns from company administration procedures because of new tax arrangements introduced by chancellor Gordon Brown, i...
View articleTroubled telco WorldCom today said it will change its name back to MCI as it filed for fast track' Chapter 11 reorganisation with the US Bankruptcy Co...
View articleThe distinction between insolvency and turnaround work has become increasingly blurred. In recent weeks, the disparities have been more acute, and ins...
View articleThe government has announced it will change the tax rules governing insolvency procedures. Read More...
View articleAffinity Internet Holdings yesterday become the second former dotcom star to bite the dust this week as administrators from Begbies Traynor were appoi...
View articleReceivers from PricewaterhouseCoopers have take charge at listed Turkey supplier Brandons, and now have five million Christmas birds under their wings...
View articleUK internet pioneer Upmystreet.com has been granted an administration order after the High Court appointment of insolvency experts from RSM Robson Rho...
View articleInternational insolvency standards should be introduced to make dealing with failed global companies easier, according to Colin Haig, the president of...
View articleColin Haig, outgoing president of the Insolvency Practitioners Association, describes himself as just a 'regular guy'. But as you dig deeper into his ...
View articleMost licensed insolvency practitioners are partners in firms of accountants, however in the eyes of the law an appointment as a liquidator, administra...
View articleAir Canada, the largest Canadian airline, has filed for bankruptcy, but has promised that flights will continue. Read More...
View articleCorporate recovery partners from insolvency specialists Begbies Traynor have been appointed joint administrators at second division club Huddersfield ...
View articleDame Barbara Mills, the former director of the Serious Fraud Office, has been appointed as the Independent Complaints Adjudicator to the government's ...
View articleThe government's reform of bankruptcy laws has come under fire in theHouse of Commons for allowing unscrupulous 'phoenix traders' to carry on inbusine...
View articleMoney laundering regulation, which has recently been amended to include insolvency work, will give 'dodgy' company directors a chance to wreak havoc o...
View articleDistressed football players from Huddersfield Town have moved to establish an insolvency first by taking out an administration order against the club ...
View articleUp to £200m is being withheld from UK creditors of failed companies because the big banks are refusing to allow a test case to decide who gets paid fi...
View articleThe long awaited rescue of York City football club has today been completed after creditors approved a company voluntary agreement giving them an amaz...
View articleA large supplier of robust computing products, which is involved in the implementation of the UK armed forces new communication system, has gone into ...
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