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Administrations

High Court London

Breaking: HMRC loses football creditor rule court battle

High Court rules against HMRC in in its attempt to overturn football creditor rule

25 May 2012

Administrators to Clinton Cards make 366 redundancies

Zolfo Cooper administrators to close 44 stores resulting in 300 redundancies with a further 66 staff culled from the head office operations

24 May 2012

Rangers

Battle erupts between BBC and Rangers’ administrators

BBC alleges Rangers administrators are conflicted in their role, which they deny. Administrators are now considering legal action

24 May 2012

Mercer & Hole steps in at footwear retailer Masai

Administrators brought in to footwear business after its parent firm files for bankruptcy

18 May 2012

Administrators to close 350 Clintons stores

Joint administrators from Zolfo Cooper find "untenable" Clinton Cards stores

17 May 2012

Supreme Court shines a light on cross-border insolvency

Two appeals have been joined together to form a mammoth Supreme Court case: can another country impose their insolvency will on the UK?

15 May 2012

FRP administrators sell Aquascutum

Hong Kong owner of Aquascutum brand, buys the UK business

10 May 2012

Zolfo Cooper administrators called to Clinton Cards

Three Zolfo Cooper partners take on administration of collapsed card retailer which has more than 750 stores and about 8,000 staff

09 May 2012

Kingston Smith administrator saves 153 jobs

Administrator sells family business back to management

09 May 2012

Lehman administrators bring payment to creditors forward

PwC administrators receive High Court backing to bring forward the date at which unsecured creditor claims must be submitted

08 May 2012

Worldspreads administrators rack-up £900,000 in two months

KPMG administrator fees around £900,000 for just less than two months work with creditors likely to receive 30p – 35p for every pound owed

08 May 2012

FRP administrators arrange sale in principle of Aquascutum

Administrators of international fashion house Aquascutum arrange deal with Hong Kong listed business to buy the brand and assets but not the factory

03 May 2012

Baker Tilly to sit on Portsmouth FC creditors’ committee

PKF administrators reveal that Baker Tilly liquidators will make up creditors’ committee of collapsed club Portsmouth FC

27 Apr 2012

Begbies administrators agree CVA at Port Vale FC

Administrators receive 87% of creditor vote to rescue collapsed club

27 Apr 2012

Halliwells liquidators BDO lose High Court case

BDO liquidators lose case against former Halliwells partner Michael Burns in the High Court

25 Apr 2012

FRP makes 115 redundancies at Aquascutum

Administrators to collapsed luxury fashion brand worn by Kate Middleton make all staff at the Corby manufacturing plant redundant

19 Apr 2012

International fashion house calls FRP Advisory administrators

International fashion retailer Aquascutum worn by Kate Middleton calls in FRP Advisory administrators

18 Apr 2012

Tory MPs call for overhaul of bankruptcy laws

Insolvency profession defends bankruptcy laws while group of MPs prepares proposals to revamp them

13 Apr 2012

Lehman Brothers’ administrators to make dividend payment this year

Administrators hope to make a dividend payment to unsecured creditors including the taxman before the year is out

12 Apr 2012

Rangers FC administrators put sale on hold

Scottish Premier League rule changes on insolvent clubs halts disrupts sale process for Rangers administrators

12 Apr 2012

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Penny Avis' book Nevermind the Botox Rachel

Video: From corporate finance to author

Rachael Singh interviews self-published author and former Deloitte partner Penny Avis on her novel "Nevermind the Botox Rachel"

Managers must spot signs of staff stress

Learn to identify the symptoms of stress in your team, urges CABA

The Practitioner: Staff sit-down shocker

The Practitioner has plenty to think about after a senior staff member reveals the pair haven't 'chatted' for quite a while...

Time for consulting to re-balance?

Despite robust performance in 2011, the consulting industry must reduce its reliance on financial services clients, says Alan Leaman

businessman steps forward

Tax: Don't go back in the future

Forget retrospection and instead put the GAAR together properly to create certainty for business, says Gary Richards

CIMA and ICAEW accounts: all in the presentation

Fully transparent, or just one for the accountants? asks Kevin Reed

TS recalls Pet's star Healy's close links to HMRC

Tim Healy's recent run-in with the taxman isn't his only dealing with HMRC, TS recalls...

Colin: Cost-cutting a step too far

Finance function takes its toll at BBC offices

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Briefings

Supplier Statement Reconciliations cover

Supplier statement reconciliations: Manual chore or critical value adding process?

By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.

7 Building Blocks cover

7 building blocks for business growth

Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities