Deloitte & Touche was rushing to save struggling digital broadcaster ITV Digital today after attepmts to re-nogiate its deal with the Football League ...
View articleITV Digital has given up its struggle to stay afloat and called in administrators this afternoon. Read More...
View articleMid-tier firm RMS Robson Rhodes has been appointed liquidator to the Special Events Company, an events management company. Read More...
View articleA majority of the Nationwide Football League clubs could end up insolvent as they face an empty till without a rescuer, says an insolvency practitione...
View articleSupport services company Hays has today agreed to pay out £5.5m worth of damages to postal service company Consignia. Read More...
View articleAs the economy faces uncertainty, many companies need to restructure. This is nothing new, but the diversity of stakeholders who must participate in a...
View articleAlthough many companies become insolvent due to fraudulent managers, a legal loophole allows dodgy directors to get away with a simple disqualificatio...
View articleNew insolvency insurance allows insolvency practitioners to target rogue company directors. Read More...
View articleBlair Nimmo and Neil Armour, of KPMG Corporate Recovery, the joint receivers for Aberdeen-based textile manufacturer Richards, have announced preferre...
View articleCivil suits against rogue company directors are set to rise thanks to a new insolvency insurance allowing insolvency practitioners to recover embezzle...
View articleTenon Recovery announced it has sold the Wignall Poultry business, a wholesale retailer based in Haydock, as a going concern. Read More...
View articleMoore Stephens has been appointed administrator for the ailing Kidderminster business Master Weavers, as the 15-year old business hit the canvas, succ...
View articleThe government's flagship Enterprise Bill is expected to go ahead this month, ignoring Land Rover boss Bob Dover's demands for changes to insolvency l...
View articleBaker Tilly's partner Louise Brittain was this week named trustee in bankruptcy for the notorious revisionist historian David Irving. Read More...
View articleCollapsed travel company Usit Campus has today been rescued it from total liquidation by fellow youth travel specialists STA Travel. Read More...
View articleBig Foods, the parent company of Iceland Foods, has announced it will spend £375m on a three year restructuring plan for its ailing business. Read Mor...
View articleThe government is considering moving redundancy payments to sacked workers up the list of preferences when companies go into receivership. Read More...
View articleThe government have rejected criticism from Commons watchdog, the Public Accounts Committee, for failing to call in an insolvency practitioner before ...
View articleLos Angeles-based Gores Technology Group is to make a competing offer forcollapsed telecom giant Global Crossing in US Bankruptcy Court in the Souther...
View articleAdministrators at KPMG are still attempting to sell the intellectual property rights of the Butt Ugly Martians even after off-loading the magazine abo...
View articleFibre-optic cable communications operator Asia Global Crossing fears that it could follow its bankrupt US parent company. Read More...
View articleAndersen has been appointed administrator to pharmaceutical company Bioglan, in what could be seen as a sign of support from the banks and the courts....
View articleAdminstrator KPMG has secured the sale of the business and assets of collapsed children's magazine company, Just Group Plc - creators of cartoon chara...
View articleEnron Europe administrator PricewaterhouseCoopers has told a group of creditors that hardware that might contain sensitive information will not be par...
View articleAdministrative receivers at Begbies Traynor have narrowed down the number of bidders for youth travel specialist Usit from 15 to three unnamed frontru...
View articleBeleaguered pharmaceutical company Bioglan Pharma has announced it will appoint an administrator after succumbing to debt problems rooted in a failed ...
View articleKroll Buchler Phillips is to set a global precedent in attempting to settle £1bn worth of asbestosis claims through an insolvency procedure. Read More...
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