Qwest Communications is selling its directory business to stave off the immediate threat of bankruptcy as it restructures its $20bn (£13bn) bond debt....
View articleCrippled hi-tech giant Marconi, will go into voluntary liquidation this week as the firm launches the first phase of its long-awaited financial restru...
View articleInsolvency firm Kroll Buchler Phillips has been appointed administrator of Budget Rent-A-Car's UK subsidiary following the parent company's bankruptcy...
View articleAccountancy firm Wilkins Kennedy has thrown its weight behind the idea that company insolvencies will rise due to mounting insurance costs, as reveale...
View articleNumerica has announced its acquisition of Chantrey Vellacott's Thames Valley business recovery practice. Read More...
View articleThe Inland Revenue has gone cold on ailing football clubs and is now demanding full debt payment instead of striking deals with the Nationwide League'...
View articleThe Nationawide League has unexpectedly signalled that it could overhaul the controversial super creditor rule offering insolvency experts a lifeline ...
View articleHundreds of companies are facing insolvency as risk-wary insurance companies are hiking up fees and even refusing to insure certain sectors. Read More...
View articleBankrupt airline US Airways will continue to operate thanks to emergency funding, which has been approved by a court in Virginia today. Read More...
View articleUS Airways has become the first major US airline to file for bankruptcy protection following the 11 September terrorist attacks. Read More...
View articleProvisional liquidators at PricewaterhouseCoopers say they are selling the company set up to settle outstanding claims left behind by failed insurance...
View articleKPMG, the administrator of Just Group plc, has succeeded in negotiating a company voluntary arrangement for three of its companies, which include cult...
View articleThe chairman and chief executive of the Nationwide Football League have stepped down after a failed lawsuit against ITV Digital parent companies Carlt...
View articleThe future of Jensen Motors is expected to be secured by the end of this month after administrators to the luxury carmaker said they had received two ...
View articleOrganisers of London's Mardi Gras - the UK gay pride march - have been forced to call in corporate recovery experts to negotiate a repayment deal with...
View articleSmall business face a substantial increase in their general insurance premiums as well as their policy excess, as the sector continues to suffer from ...
View articleThe number of companies becoming insolvent has leapt by almost 10%, according to new figures published today by the Department of Trade and Industry. ...
View articleInsolvency specialists at Leonard Curtis & Co have been appointed administrators of photographic companies FotoStop Express and Marston Associates. Re...
View articleIn a further blow to lower division football clubs, the Nationwide Football League has lost its battle for compensation against Carlton and Granada, t...
View articleCreditors of Bradford City Football Club has voted today to accept the Company Voluntary Arrangement proposed by administrators from Kroll Buchler Phi...
View articleThe pressure has been relieved at a collapsed components manufacturer following the sale of two of its divisions. Read More...
View articlePKF, the administrator of Scottish Premier League side Motherwell FC, has pronounced the club 'financially fit' for the forthcoming football season. R...
View articleBankrupt US telecom WorldCom has appointed a corporate recovery specialist as its new chief financial officer. Read More...
View articleListed consolidator Numerica has helped one of its clients overturn a bankruptcy rule which had allowed Social Security commissioners deny him income ...
View articleInsolvency practice Stephen Conn & Co has joined the Manchester head office of corporate recovery firm Begbies Traynor. Read More...
View articleProving there is a silver lining in the current economic turmoil, PricewaterhouseCoopers has strengthened its business recovery and restructuring prac...
View articlePricewaterhouseCoopers has been appointed administrators of Folksam International Insurance after its directors concluded it could no longer run the c...
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