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Administrations

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Dewey advisors say £57m partner settlement plan hits target

Proposed $90.4m (£57.5m) settlement with former Dewey & LeBoeuf partners to raise funds for the collapsed firm's creditors is set to move forward, according to an email sent to partners

20 Aug 2012

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KPMG administrators appointed to Dawson International

KPMG administrators have been appointed to cashmere manufacturer after the Pension Protection Fund rejected a deal

16 Aug 2012

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Portsmouth buyers blame administrators for collapsed deal

Proposed buyer Portpin says its walking away from the deal due to a lack of cooperation from PKF administrators, recently unveiled debts and further relegation

15 Aug 2012

Mazars returns 50% of creditor funds in special administration

Mazars special administrators to Pritchard Stockbrokers make their first tranche of payments to creditors, returning 50p in the pound

14 Aug 2012

Begbies' administrators save 35 jobs at solicitor firm

Administrators from Begbies Traynor manage to save 35 jobs at Eastleys Solicitors in a pre-pack sale

10 Aug 2012

Administrators finalise deal at Portsmouth FC

PKF administrators have renegotiated the last of the first team contracts to save the club

10 Aug 2012

Duff & Phelps administrators save engineering business

Duff & Phelps administrators manage to sell engineering company to investors after cash-flow issues sees its demise

08 Aug 2012

FDs must smash emergency glass and call for help sooner

If finance directors would call in professionals, disaster could be averted, says Frank Tschentscher

06 Aug 2012

High Court protects insolvency appointments

Insolvency profession breathes a sigh of relief as High Court protects their appointment. But there are still pitfalls, warns Andrew Taylor

01 Aug 2012

KPMG administrators make 155 redundancies at Bakery

More than half of Peters Bakery’s portfolio fold as KPMG administrators find buyer for 22 stores and close 34

31 Jul 2012

BDO administrators look at liquidation of Dewey & LeBoeuf

Administrators look at liquidating collapsed law firm with unsecured creditors likely to receive 11p for every £1 owed

31 Jul 2012

Portsmouth administrators warn club could shut in two weeks

PKF administrators have warned they might have to liquidate the club by 10 August if some player contracts have not been renegotiated

25 Jul 2012

Zolfo Cooper administrators close last of the Clintons stores

Administrators close the remaining 76 stores at Clintons after failing to secure interest

19 Jul 2012

Leonard Curtis administrators save 13 jobs in pre-pack sale

Leonard Curtis administrators managed to sell printing company Blueprint to former rivals Cambridge Digital Press in pre-pack

19 Jul 2012

High Court gives MF Global administrators right to return £54m

KPMG administrators had their application to distribute assets approved, which could see creditors receive payment as early as 1 August

19 Jul 2012

Ethel Austin in administration for third time in four years

Duff & Phelps administrators called to clothing retailer which enters its third administration since 2008

19 Jul 2012

Liquidator disqualified for 12 years by High Court

Landmark ruling sees High Court disqualify an insolvency practitioner for 12 years following his actions while appointed to a business

17 Jul 2012

Colin: For every occasion...

There's could be a bright side at Clintons if you look hard enough

17 Jul 2012

Portsmouth administrators condemn Football League

PKF administrators to Portsmouth FC critical of Football League decision to deduct ten points from the club

13 Jul 2012

BDO liquidators to return 50% of debt to Farepak creditors

Following a goodwill payment from Lloyds, BDO liquidators announce a total return to customers of 50% of debt

11 Jul 2012

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Profession reaches end of its tether with PAC

After the Public Accounts Committee's latest hearing - in which it heavily criticised Google's tax affairs - many advisers have had enough

#AAYP 2013: Talent is ageless, but youth unemployment is a problem

The principles of developing future leaders apply whether you've just left school or got years of experience under your belt

To quota or not to quota: that is the problem

Women on board quotas may have a bad rep, but it’s the only way to address inherent bias argues Fiona Hotston Moore

CABA's Wendy Saunders and CEO Kath Haines

Feature: Inside the Chartered Accountants' Benevolent Association

After seeing a 70% rise in demand, Calum Fuller visited the Chartered Accountants Benevolent Association to learn more about its efforts to provide support

Success of FRS 102 needs to be replicated on going concern

The consultation process for FRS 102 was arguably the most wide-ranging the FRC has ever conducted. It should apply the same rigour to going concern

Colin: Colin was here

Colin loves to be the centre of attention, as the Sky News Twitter account can testify

Taking Stock: Life in the slow lane

It was less Wacky Races and more Sunday driving as a team from Reeves helped raise £15,000 for charity as part of a race to Monaco

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Briefings

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Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.

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iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.