KPMG should escape renewed legal action over its role closing down the Millennium Dome, after a creditors meeting on Monday appointed Robson Rhodes liquidator of the company that staged millennium exhibitions at the Royal Naval College, Greenwich.
Link: GME falls prey to winding up order
The Greenwich Millennium Exhibition company had tried to sue the company that ran the Dome, NMEC and KPMG as liquidators of the Dome, over trademark disputes and damage to its business last July.
Those efforts failed and made NMEC a creditor of the company. NMEC this week used its position to appoint Robson Rhodes liquidator of GME, instead of insolvency specialist David Mond of Hodgsons.
‘We are undertaking various investigations and this will include reviewing the merits of the claim by the company against NMEC,’ said Kevin Hellard of Robson Rhodes.
David Mond said he would have considered legal action against the government or the liquidators of the Dome.
The numbers you crunch tell a story. Your expertis...
20yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThree years after accountancy group DJH Mitten Clarke launched, they have announced that they have rebranded to DJH. The DJH Mitten Clarke name reflec...
View articleStatic budgets outdated. Embrace agile budgeting for a smooth year-end close and adapt to changing markets. Read More...
View articleSaffery Champness's strategic rebrand to "Saffery" reflects a bold step towards aligning its historic values with a modern, innovative ethos, fosterin...
View articleSumer’s CEO Warren Mead believes accountants have a responsibility to champion smaller and medium-sized businesses and that successful entrepreneurs a...
View articleMid-market firms experience largest percentage increase in fee income in 2023, as consultancy services start to become leading income streams for the ...
View articleBaker Tilly International has today announced record global revenues of US$5.2bn for the financial year ended 31 December 2023, up 11% on the previous...
View articleWhilst Small and Medium Enterprises (SMEs) account for around half of the turnover in the UK private sector[1], our own AAT research shows that over a...
View articleGrant Thornton UK as confirmed the appointment of Malcolm Gomersall as its new Chief Executive Officer. Gomersall, who has been with the firm for over...
View article