Railtrack could come out of administration as early as the end of this week or next week, Accountancyage.com has learned. Read More...
View articleAs football clubs face their greatest crisis, the question of football creditor status is being pushed into the headlines. Here, Lee Manning and Mike ...
View articleYet another debt-strapped US phone company has filed for bankruptcy protection. This time its XO Communications which joins a long list of US carriers...
View articleThe government has acted to limit the threat of seizure of a bankrupt's home to pay off debt's to a period of three years from the date of bankruptcy....
View articleThe world's oldest football league side, Notts County, has today become the latest club to have entered into administration, in a bid to pay off long-...
View articleUnder the terms of the Enterprise Bill, banks will be unable to appoint receivers in the event of default. This, together with the uncertainty of the ...
View articleITV, Channel 4 and the BBC are among the companies to have submitted bids for the digital terrestrial television licences left following the collapse ...
View articleBusiness recovery experts say fewer investors are making inquiries into troubled businesses that are up for sale. Read More...
View articleMuch mystery and public interest has surrounded half-built luxurious mansion Updown Court. And the house's insolvency is as unusual as its enigmatic p...
View articleBaker Tilly is expecting to raise a seven-figure sum from the sale of troubled digital sports channel Sports.com, the accounting firm revealed today. ...
View articleWould the relaxing of bankruptcy laws in the Enterprise Bill encourage you to do business with a discharged bankrupt? Read More...
View articleInsolvency practitioners will be discouraged from becoming involved in football administrations because they are increasingly likely to lose money on ...
View articleAsia Global Crossing said yesterday that it had received restructuring proposals from at least two parties in a bid to raise $250m (£169m) in debt and...
View articleA second economic recession in five years, rising unemployment and a general global slowdown have all contributed to a massive rise in bankruptcies in...
View articleFootball minnows Carlisle United, have been placed into voluntary administration, after the club was served a winding-up petition by the Inland Revenu...
View articleBury football club has been snatched from the jaws of liquidation after a group of fans set up a trust and bought the ailing club - in addition admini...
View articleProfessional footballers could find themselves with unenforceable contracts, or even redundant, if the Nationwide Football League accepts a proposal f...
View articlePatriotic soccer fans were not the only South Koreans celebrating thisweek as the country's troubled semiconductor company Hynix reported thatcreditor...
View articleIt takes a steely nerve, self-confidence and bags of common sense to become one of the country's most respected - and feared - bankruptcy specialists....
View articleJust hours before kick-off in one of the world's biggest sports event, Europe's leading digital sports channel provider was today placed into administ...
View articleA lot has been written about Stephen Byers in recent days and weeks (The Sun's Liar Byers - Pants of Fire is perhaps the most memorable) but it should...
View articleThe Nationwide Football League has said it will maintain the 'super creditor' rule for football clubs, increasing the difficulties insolvency practiti...
View articleBankrupt telecom giant Global Crossing is planning to sell its UK data network business as part of a series of sales it hopes will enable it to put to...
View articleMore than 3500 creditors are expected at the creditors' meeting for the liquidation of Eastgold Limited tomorrow (Friday). Read More...
View articleUK power company London Electricity believes it is owed £200m by Enron Europe, and has filed a claim with its adminstrator, PricewaterhouseCoopers, fo...
View articleBankrupt telco Global Crossing conceded yesterday (Sunday) that its proposed takeover by Hutchison Whampoa and Singapore Technologies Telemedia has co...
View articleSo you've just been appointed administrator to one of the big boys ... loads of money, a public profile for your firm, life couldn't better. Then the ...
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