KPMG has been appointed administrators of the Birmingham Mint, makers of euro coins. Read More...
View articleLong-running battle between bankruptcy trustee and the Hamiltons ends with sale of their £1.25m mansion Neil Hamilton's trustee in bankruptcy has obta...
View articleLeeds United's management company, World Sports Solutions, is in the throes of appointing liquidators after announcing it was unable to continue tradi...
View articleUS telecoms giant WorldCom, which was the subject of the biggest fraud in corporate history has posted an $80bn (£50bn) net loss for the month on Dece...
View articleTroubles stemming from the reorganisation of the Welsh Rugby Union have prompting Swansea rugby club to call in RSM Robson Rhodes as administrators. R...
View articleA row has erupted after the big banks were accused of bullying business recovery professionals into giving them preferential status over other credito...
View articleBudget Rent-A--Car International has been sold to its competitor Avis in the first UK administration of a US-registered company. Read More...
View articleAn historical legal decision was made last month over the insolvency of Budget Rent A Car's European Middle East and African (EMEA) operations when th...
View articleDutch supermarket concern Ahold has incorrectly consolidated the results of Scandinavian subsidiary ICA, thus beefing up its operating results. Read M...
View articleAmerican Airlines is this morning reported to be close to filing for chapter 11 bankruptcy protection as the company's losses mount. Read More...
View articleFear of war and lack of customer confidence are among the factors that will cause 70,000 businesses to fold in the next three years, predicts BDO Stoy...
View articleThe government have flatly rejected legislation to enforce a ban on reporting accountants being appointed as liquidator of an insolvent company. Read ...
View articleFormula One team Arrows is set to become the first racing team to be auctioned on the internet after administrators at PKF failed to raise enough mone...
View articleFailing businesses could be even harder to rescue because of proposed changes to laws affecting the transfer of employees from one company to another,...
View articleLeicester City FC has appointed a Baker Tilly partner as its new chief executive. Read More...
View articleEnterprise solutions provider Divine Solutions UK has followed its Chicago-based parent company into administration, following the appointment of a pa...
View articleThe Securities and Exchange Commission is the top financial regulator in the US: to borrow president Bush's hackneyed phrase, it looks after the inves...
View articleThe problem of rogue debt advisers is putting the government under pressure to conduct a formal review of financial counselling services as the number...
View articleCasson Beckman partner John Bennett has received a £75,000 fine and could be barred from practice for ten years after having his insolvency licence re...
View articlePort Vale fans' group Valiant 2001 has been chosen as the preferred bidder for the Nationwide second division football club after administrators at Po...
View articleConsumers do not believe the stigma of being bankrupt should be removed straight away, despite recent government attempts to create a friendlier rescu...
View articleUS personal bankruptcy filings for 2002 have increased by 6% on 2001 figures to a record 1.5 million, a federal agency has announced. Read More...
View articleGerhard Schmid, the founder and former chairman of German telecom MobilCom, has filed for insolvency in a court in northern Germany. Read More...
View articlePricewaterhouseCoopers has been appointed administrative receivers to the TWR Group, owned by Tom Walkinshow, whose Arrows Formula One team is already...
View articleLeicester City football club has been saved from insolvency after being sold by Deloitte & Touch to the Lineker Consortium. Read More...
View articleA receivership that has sparked controversy in the automotive dealership sector has been resolved with Ford Retail UK, purchasing its first car retail...
View articleThe government's insolvency figures published last week show a steady and worrying rise in the number of people declaring bankruptcy. Read More...
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