Administrators from PwC have racked up £6.6m in fees for work on financial
services firm Keydata.
It charged 6,002 billable hours at £325 for the six months ending 7 June
2010, and is owed £1.94m, reported
PwC stated it expects to be paid partly from third party funding provided by
Credit Suisse and other banks.
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children